Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall results on stability tests (6.7) despite excessive premium growth and negative cash flow from operations for 2024. Other stability subfactors include potentially strong support from affiliation with American Family Ins Group, good operational trends and excellent risk diversification. Vulnerable liquidity (2.2) as a spike in claims may stretch capacity.
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 profitability index (8.0) despite modest operating losses during the first nine months of 2025. Excellent expense controls.
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (87.7%), fire (2.2%), med mal (0.9%), comm multi (0.4%), other (8.9%)
Licensed in:
All states except AZ, CO, CT, FL, HI, IL, NE, NM, NV, NY, OK, TX, UT, WY
Principal Investments:
Investment grade bonds (93.5%), other (6.5%)
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
290 Congress Street
Boston, MA 02210
Boston, MA 02210
Phone Number
(617) 832-1300
NAIC Number
13927
Website
Largest Affiliates