Centre County Mutl Fire Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including. Good overall profitability index (5.9) despite operating losses during 2022. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (58.8%), fire (20.3%), other (20.8%)
Licensed in:
PA
Principal Investments:
Common stock (55.9%), investment grade bonds (22.6%), cash (18.4%), other (3.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3555 Benner Pike
Bellefonte, PA 16823
Bellefonte, PA 16823
Phone Number
(814) 355-4855
NAIC Number
27340
Website
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