Major Rating Factors:
Fair reserve development (3.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 28.0% deficient. Fair overall results on stability tests (4.0) including. The largest net exposure for one risk is acceptable at 3.0% of capital. Good long-term capitalization index (6.4) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year.
Other Rating Factors:
Good overall profitability index (6.0) despite operating losses during 2022 and 2023. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
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:
Comm multi (88.8%), homeowners (5.3%), fire (1.4%), other (4.6%)
Licensed in:
CA
Principal Investments:
Cash (43.7%), investment grade bonds (30.4%), common stock (25.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
650 San Benito Street
Hollister, CA 95023
Hollister, CA 95023
Phone Number
(800) 310-5824
NAIC Number
27480
Website
Largest Affiliates
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