Major Rating Factors:
Good liquidity (6.8 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 (6.5) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (3.8) with operating losses during 2023 and 2024.
Other Rating Factors:
Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (95.4%), homeowners (4.3%), other (0.3%)
Licensed in:
NJ, NY
Principal Investments:
Common stock (46.6%), investment grade bonds (43.1%), non investment grade bonds (10.1%), other (0.2%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
--
Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 720-1620
NAIC Number
25275
Website
Largest Affiliates