Major Rating Factors:
Good long-term capitalization index (6.3 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2023. Good overall results on stability tests (5.5) despite fair risk adjusted capital in prior years. Stability strengths include excellent operational trends and good risk diversification. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.6) with operating gains in each of the last five years. Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (10.8%), other (89.2%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (69.1%), common stock (28.6%), preferred stock (1.5%), other (0.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2418 Crossroads Drive
Madison, WI 53718
Madison, WI 53718
Phone Number
(608) 246-3336
NAIC Number
27880
Website
Largest Affiliates
No affiliate information available.