Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite operating losses during 2022. Return on equity has been low, averaging 4.6% over the past five years. Good overall results on stability tests (5.9) despite. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent liquidity (7.0) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (54.5%), personal/comm auto (30.9%), work comp (5.5%), fire (1.0%), product liab. (0.9%), other (7.2%)
Licensed in:
AL, AR, GA, IA, IL, KS, KY, MO, MS, NC, NE, NM, OK, SC, SD, TN, TX
Principal Investments:
Investment grade bonds (86.7%), common stock (5.9%), cash (4.2%), preferred stock (0.7%), other (2.5%)
Corporate Info
Group Affiliation
Columbia Mutual Ins Co
Investment Rating
--
Company Address
2102 White Gate Drive
Columbia, MO 65202
Columbia, MO 65202
Phone Number
(573) 474-6193
NAIC Number
35629
Website
Largest Affiliates