Lancaster Mutual Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including excessive premium growth. Strengths include potentially strong support from affiliation with Goodville Mutual Ins Group. Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.2). Excellent expense controls. 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.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Farmowners (35.1%), homeowners (33.2%), comm multi (17.0%), fire (7.6%), other (7.1%)
Licensed in:
DE, IN, KS, OH, OK, PA, VA
Principal Investments:
Common stock (63.2%), investment grade bonds (25.8%), cash (10.9%), other (0.2%)
Corporate Info
Group Affiliation
Goodville Mutual Ins Group
Investment Rating
--
Company Address
625 West Main Street
New Holland, PA 17557
New Holland, PA 17557
Phone Number
(717) 336-6962
NAIC Number
17728
Website
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