Major Rating Factors:
Fair profitability index (4.0 on a scale of 0 to 10) with operating losses during 2023, 2024 and the first six months of 2025. Return on equity has been low, averaging 1.3% over the past five years. Fair overall results on stability tests (3.9) including fair risk adjusted capital in prior years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Farmowners (92.7%), fire (3.7%), other (3.6%)
Licensed in:
WV
Principal Investments:
Investment grade bonds (74.5%), common stock (11.6%), other (13.9%)
Corporate Info
Group Affiliation
Celina Ins Group
Investment Rating
--
Company Address
One Insurance Square
Celina, OH 45822
Celina, OH 45822
Phone Number
(419) 586-5181
NAIC Number
15431
Website
Largest Affiliates