Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.2). Fair overall results on stability tests (3.3) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025.
Other Rating Factors:
Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (92.3%), fire (0.6%), other (7.1%)
Licensed in:
VA
Principal Investments:
Common stock (71.9%), investment grade bonds (26.8%), real estate (0.3%), other (1.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
4001 Fitzhugh Avenue
Richmond, VA 23230
Richmond, VA 23230
Phone Number
(804) 355-1794
NAIC Number
33740
Website
Largest Affiliates
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