Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.1) despite. Stability strengths include good operational trends and good risk diversification. Fair profitability index (4.9).
Other Rating Factors:
Strong long-term capitalization index (9.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (52.1%), homeowners (29.2%), farmowners (11.1%), fire (6.1%), other (1.5%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (72.7%), common stock (20.7%), real estate (0.8%), other (5.9%)
Corporate Info
Group Affiliation
Allegany Co-op & Conemaugh Valley Group
Investment Rating
--
Company Address
Nine North Branch Road
Cuba, NY 14727
Cuba, NY 14727
Phone Number
(585) 968-1000
NAIC Number
30970
Website
Largest Affiliates