Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) including excessive premium growth and negative cash flow from operations for 2024. Strengths include potentially strong support from affiliation with Sentry Mutual Holding Co. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2) with small operating losses during 2023. Excellent expense controls.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
All states except AK, CA, CT, DC, DE, HI, ID, LA, ME, MI, MN, MT, NM, NY, VT
Principal Investments:
Investment grade bonds (97.2%), other (2.8%)
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
--
Company Address
2636 Elm Hill Pike
Nashville, TN 37214
Nashville, TN 37214
Phone Number
(615) 242-1961
NAIC Number
13703
Website
Largest Affiliates