Major Rating Factors:
Fair profitability index (4.0 on a scale of 0 to 10) with operating losses during 2020, 2022, 2023 and the first three months of 2025. Average return on equity over the last five years has been poor at -3.3%. Fair overall results on stability tests (3.2) including excessive premium growth and negative cash flow from operations for 2024. History of adequate reserve strength (6.1) as reserves have been consistently at an acceptable level.
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. Superior liquidity (10.0) 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (51.5%), fire (29.1%), comm multi (13.4%), farmowners (1.8%), other (4.2%)
Licensed in:
PA
Principal Investments:
Investment grade bonds (53.6%), cash (26.9%), common stock (13.2%), preferred stock (2.0%), other (4.3%)
Corporate Info
Group Affiliation
Community Holdings Management Inc
Investment Rating
--
Company Address
1047-49 Hamilton Street
Allentown, PA 18101
Allentown, PA 18101
Phone Number
(610) 434-5179
NAIC Number
17485
Website
Largest Affiliates