Center Valley Mutl Fire Ins Co
Major Rating Factors:
Weak overall results on stability tests (1.9 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 6.4% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2020, 2021, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -1.2%.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fire (80.0%), other (20.0%)
Licensed in:
(No states)
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
138 Garretts Run Road
Kittanning, PA 16201
Kittanning, PA 16201
Phone Number
(724) 664-7143
NAIC Number
27219
Website
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Largest Affiliates
No affiliate information available.