Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.0) with operating losses during 2023 and 2025. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (17.8%), comm multi (13.7%), homeowners (6.1%), work comp (5.2%), product liab. (2.9%), fire (2.8%), fin guar/surety (1.4%), other (50.1%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (96.9%), other (3.1%)
Corporate Info
Group Affiliation
Everest Group Ltd
Investment Rating
Company Address
Warren Corporate Center
Warren, NJ 07059
Warren, NJ 07059
Phone Number
(908) 604-3000
NAIC Number
10120
Website
Largest Affiliates