Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2) with small operating losses during 2023. Excellent expense controls. Return on equity has been low, averaging 4.4% over the past five years. Good overall results on stability tests (5.9) despite excessive premium growth and negative cash flow from operations for 2024. Other stability subfactors include potentially strong support from affiliation with Sentry Mutual Holding Co, good operational trends and excellent risk diversification.
Other Rating Factors:
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. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
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