Major Rating Factors:
Good liquidity (6.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.1) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (9.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2) despite modest operating losses during the first six months of 2025.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (45.2%), comm multi (26.1%), farmowners (11.0%), fire (5.8%), other (11.9%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (78.1%), common stock (13.0%), real estate (0.9%), non investment grade bonds (0.2%), preferred stock (0.2%), other (7.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
10267 Old Route 31
Clyde, NY 14433
Clyde, NY 14433
Phone Number
(315) 923-2861
NAIC Number
43290
Website
Largest Affiliates
No affiliate information available.