Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.2). Excellent liquidity (9.0) 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:
Homeowners (29.7%), fire (29.0%), other (41.3%)
Licensed in:
MI
Principal Investments:
Investment grade bonds (68.3%), common stock (22.6%), cash (7.0%), real estate (0.7%), other (1.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
58730 Highway US 41
Kearsarge, MI 49942
Kearsarge, MI 49942
Phone Number
(906) 337-3603
NAIC Number
30384
Website
Largest Affiliates
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