Major Rating Factors:
Strong long-term capitalization index (9.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.6) with operating gains in each of the last five years.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (47.9%), homeowners (9.0%), work comp (8.6%), fire (4.8%), product liab. (4.3%), fin guar/surety (0.8%), other (24.6%)
Licensed in:
All states except CT, HI, MA, ME, NH, NY, VT
Principal Investments:
Investment grade bonds (64.5%), common stock (21.7%), non investment grade bonds (1.5%), preferred stock (1.0%), real estate (0.7%), other (10.6%)
Corporate Info
Group Affiliation
Western National Ins Group
Investment Rating
--
Company Address
Edina Corporate Center
Edina, MN 55435
Edina, MN 55435
Phone Number
(952) 835-5350
NAIC Number
15377
Website
Largest Affiliates