B
Utica National Ins Co of TX
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Capital
Net
Premiums
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Major Rating Factors: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.2) despite. Strengths include potentially strong support from affiliation with Utica National Ins Group. Strong long-term capitalization index (9.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.1).
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business: Personal/comm auto (51.4%), homeowners (17.2%), comm multi (16.4%), work comp (9.6%), other (5.3%)
Licensed in: CT, GA, MA, NH, NJ, NY, OH, PA, TX
Principal Investments: Investment grade bonds (98.4%), other (1.6%)
Ratios
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2-Year Reserve Development
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Investments in Affiliates
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Corporate Info
Group Affiliation
Utica National Ins Group
Investment Rating
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Company Address
180 Genese Street
New Hartford, NY 13413
Phone Number
(800) 598-8422
NAIC Number
43478
Largest Affiliates
B
New Hartford, NY - P&C
B
Des Plaines, IL - P&C
B
New Hartford, NY - P&C
B
Columbus, OH - P&C
B
New Hartford, NY - P&C