C
Laundry Owners Mutual Liab Ins
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.1 on a scale of 0 to 10) with operating losses during 2022 and 2025. Fair overall results on stability tests (3.4) including. 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.
Other Rating Factors: History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (7.0) 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: Work comp (100.0%)
Licensed in: PA
Principal Investments: Investment grade bonds (90.8%), cash (4.9%), other (4.3%)
Ratios
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2-Year Reserve Development
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
701 Rodi Road
Pittsburgh, PA 15235
Phone Number
(412) 825-5415
NAIC Number
27529
Largest Affiliates
There are no affiliate to display.