Major Rating Factors:
History of adequate reserve strength (5.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.5) despite negative cash flow from operations for 2025 and fair risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (4.5) with operating losses during 2022 and 2024.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (59.1%), comm multi (23.4%), fire (14.9%), other (2.6%)
Licensed in:
All states except CA, CT, MA, MD, MN, NH, NJ, NY, OH, VT
Principal Investments:
Investment grade bonds (52.2%), cash (36.5%), other (11.4%)
Corporate Info
Group Affiliation
GeoVera Nova Holdings Inc
Investment Rating
--
Company Address
4605 Business Center Drive
Fairfield, CA 94534
Fairfield, CA 94534
Phone Number
(707) 863-3606
NAIC Number
36560
Website
Largest Affiliates