Rockingham Casualty Co
Major Rating Factors:
Poor long-term capitalization index (1.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (2.4) that places pressure on both capital and profits. In 2024 and 2025 the two year reserve development was 29.0% and 44.1% deficient respectively. Weak profitability index (2.2) with operating losses during each of the last five years.
Other Rating Factors:
Vulnerable liquidity (2.3) as a spike in claims may stretch capacity. Weak overall results on stability tests (2.4) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 3.1% of capital.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (67.2%), homeowners (17.7%), farmowners (5.1%), fire (4.3%), other (5.7%)
Licensed in:
PA, VA
Principal Investments:
Investment grade bonds (97.5%), cash (0.7%), other (1.7%)
Corporate Info
Group Affiliation
Rockingham Mutual Group Inc
Investment Rating
--
Company Address
633 East Market Street
Harrisonburg, VA 22801
Harrisonburg, VA 22801
Phone Number
(540) 434-5344
NAIC Number
42595
Website
Largest Affiliates