B
360 Ins Co
LaramieWY
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
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Major Rating Factors: Good overall profitability index (6.0 on a scale of 0 to 10) despite operating losses during 2020. Return on equity has been fair, averaging 5.1% over the past five years. Fair overall results on stability tests (3.7) including weak results on operational trends. The largest net exposure for one risk is conservative at 1.9% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors: Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (54.8%), homeowners (23.4%), comm multi (9.3%), farmowners (6.5%), fire (0.4%), other (5.6%)
Licensed in: CO, MT, WY
Principal Investments: Investment grade bonds (84.1%), cash (7.3%), other (8.6%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
Mountain West Farm Bureau Mutual Ins Co
Investment Rating
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Company Address
931 Boulder Drive
Laramie, WY 82070
Phone Number
(307) 745-4835
NAIC Number
13686
Largest Affiliates