Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability index (8.8) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 15.7%. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Other Rating Factors:
History of adequate reserve strength (6.3) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.1) despite. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is acceptable at 2.6% of capital.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (84.9%), other (15.1%)
Licensed in:
AZ, DE, FL, GA, KY, MD, NC, OH, PA, SC
Principal Investments:
Investment grade bonds (34.8%), common stock (12.1%), preferred stock (5.0%), cash (2.8%), other (45.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1072 Harrisburg Pike
Carlisle, PA 17013
Carlisle, PA 17013
Phone Number
(717) 240-2129
NAIC Number
35483
Website
Largest Affiliates
No affiliate information available.