Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including weak results on operational trends and negative cash flow from operations for 2024. Weak profitability index (1.7) with operating losses during 2023 and 2024. Average return on equity over the last five years has been poor at -8.2%. Good long-term capitalization index (6.5) 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:
History of adequate reserve strength (6.5) as reserves have been consistently at an acceptable level. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (38.8%), homeowners (25.4%), comm multi (14.2%), farmowners (11.9%), fire (0.6%), other (8.9%)
Licensed in:
MT, WY
Principal Investments:
Investment grade bonds (58.6%), common stock (32.9%), real estate (1.4%), cash (1.3%), non investment grade bonds (0.5%), preferred stock (0.3%), other (5.0%)
Corporate Info
Group Affiliation
Mountain West Farm Bureau Mutual Ins Co
Investment Rating
--
Company Address
931 Boulder Drive
Laramie, WY 82070
Laramie, WY 82070
Phone Number
(307) 343-1959
NAIC Number
29440
Website
Largest Affiliates