Major Rating Factors:
Good liquidity (6.5 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. Fair profitability index (4.6) with operating losses during 2025.
Other Rating Factors:
Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (47.0%), comm multi (24.7%), farmowners (10.3%), fire (5.8%), other (12.2%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (73.1%), common stock (13.5%), real estate (0.8%), preferred stock (0.2%), other (12.3%)
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
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