Major Rating Factors:
Strong long-term capitalization index (7.6 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 (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.5%. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Other Rating Factors:
History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.6) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.3% of capital.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (89.7%), personal/comm auto (3.2%), fin guar/surety (1.3%), other (5.8%)
Licensed in:
All states except CA
Principal Investments:
Investment grade bonds (66.9%), common stock (18.4%), cash (2.0%), non investment grade bonds (1.1%), preferred stock (0.7%), other (10.8%)
Corporate Info
Group Affiliation
Brookfield Wealth Solutions Ltd
Investment Rating
Company Address
654 Main Street
Rockwood, PA 15557
Rockwood, PA 15557
Phone Number
(814) 926-4661
NAIC Number
35505
Largest Affiliates