Major Rating Factors:
Weak profitability index (1.8 on a scale of 0 to 10) with operating losses during 2023 and 2024. Average return on equity over the last five years has been poor at -7.0%. Fair overall results on stability tests (4.2) including weak results on operational trends and negative cash flow from operations for 2024. Good long-term capitalization index (5.6) 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. Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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 (58.2%), common stock (32.9%), cash (1.8%), real estate (1.4%), 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