Major Rating Factors:
Good overall results on stability tests (5.2 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.1) despite modest operating losses during the first three months of 2025. Excellent liquidity (8.7) with ample operational cash flow and liquid investments.
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:
Comm multi (57.0%), homeowners (20.7%), fire (11.6%), farmowners (1.5%), other (9.1%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (57.9%), common stock (36.3%), cash (2.3%), preferred stock (0.5%), real estate (0.3%), other (2.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2975 West Main Street
Parish, NY 13131
Parish, NY 13131
Phone Number
(315) 625-7203
NAIC Number
43850
Website
Largest Affiliates
No affiliate information available.