Major Rating Factors:
Weak overall results on stability tests (2.6 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 12.1% of capital. Good overall profitability index (6.9). Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
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:
Personal/comm auto (59.9%), fire (19.6%), homeowners (5.7%), farmowners (0.2%), work comp (0.1%), other (14.5%)
Licensed in:
AZ, CA, GA, IA, ID, IL, IN, LA, MI, MO, MS, OH, OK, OR, PA, TX, UT, WI, WV
Principal Investments:
Investment grade bonds (72.9%), non investment grade bonds (13.4%), other (13.7%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
Sylvia Stoesser Center
Midland, MI 48674
Midland, MI 48674
Phone Number
(989) 636-0047
NAIC Number
33499
Largest Affiliates
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