Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 9.5% of capital. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (7.3). Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
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:
Fire (57.8%), work comp (20.2%), other (21.9%)
Licensed in:
All states except CT, HI, ME, MN, WY
Principal Investments:
Cash (73.1%), investment grade bonds (15.8%), preferred stock (8.6%), non investment grade bonds (0.4%), other (2.1%)
Corporate Info
Group Affiliation
Constitution Group Llc
Investment Rating
--
Company Address
10805 Old Mill Road
Omaha, NE 68154
Omaha, NE 68154
Phone Number
(402) 827-3424
NAIC Number
32190
Website
--
Largest Affiliates