B
Fire Districts Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall results on stability tests (4.9 on a scale of 0 to 10) including. 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. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (7.6) with small operating losses during 2024. Superior liquidity (9.4) 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: Work comp (100.0%)
Licensed in: NY
Principal Investments: Investment grade bonds (85.7%), cash (8.0%), non investment grade bonds (0.5%), other (5.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Fire Districts of New York Mutual Ins Co Inc
Investment Rating
--
Company Address
One Blue Hill Plaza
Pearl River, NY 10965
Phone Number
(845) 352-8855
NAIC Number
13610
Largest Affiliates
A
Pearl River, NY - P&C
B
Pearl River, NY - P&C