Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7) with operating gains in each of the last five years.
Other Rating Factors:
Superior liquidity (9.4) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.5) despite. The largest net exposure for one risk is acceptable at 2.7% of capital.
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:
Personal/comm auto (27.5%), fire (14.4%), work comp (13.2%), homeowners (8.1%), product liab. (2.8%), comm multi (0.9%), fin guar/surety (0.2%), other (32.8%)
Licensed in:
AK, WA
Principal Investments:
Investment grade bonds (99.5%), preferred stock (0.5%)
Corporate Info
Group Affiliation
Western National Ins Group
Investment Rating
--
Company Address
Edina Corporate Center
Edina, MN 55435
Edina, MN 55435
Phone Number
(952) 835-5350
NAIC Number
40126
Website
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