Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite. Fair profitability index (3.9) with operating losses during 2023. Return on equity has been low, averaging 2.2% over the past five years.
Other Rating Factors:
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 (6.9) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (35.0%), farmowners (17.9%), comm multi (17.7%), homeowners (14.7%), fire (3.2%), work comp (1.9%), product liab. (0.3%), other (9.3%)
Licensed in:
IA, IN, KY, OH, PA, TN, WV
Principal Investments:
Investment grade bonds (72.4%), common stock (12.7%), non investment grade bonds (2.1%), real estate (1.0%), preferred stock (0.6%), other (11.1%)
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
20176
Website
Largest Affiliates