Major Rating Factors:
Strong long-term capitalization index (9.7 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (7.9) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (8.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.7). Strengths include potentially strong support from affiliation with Housing Authority Ins Group, excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (22.5%), other (77.5%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (61.7%), common stock (26.8%), real estate (2.3%), non investment grade bonds (1.0%), cash (0.5%), other (7.6%)
Corporate Info
Group Affiliation
Housing Authority Ins Group
Investment Rating
--
Company Address
189 Commerce Court
Cheshire, CT 06410
Cheshire, CT 06410
Phone Number
(203) 272-8220
NAIC Number
26797
Website
Largest Affiliates