Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent profitability index (8.0) despite modest operating losses during the first six months of 2025.
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 (7.0). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (37.5%), fire (29.3%), comm multi (11.1%), farmowners (7.2%), other (14.8%)
Licensed in:
PA
Principal Investments:
Investment grade bonds (69.4%), common stock (24.6%), real estate (0.4%), other (5.7%)
Corporate Info
Group Affiliation
Millville Mutual Ins Co
Investment Rating
--
Company Address
215 South State Street
Millville, PA 17846
Millville, PA 17846
Phone Number
(570) 458-5517
NAIC Number
17450
Largest Affiliates