Development
Major Rating Factors:
Good overall profitability index (6.5 on a scale of 0 to 10) despite operating losses during 2022. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.1) despite weak results on operational trends. Strong long-term capitalization index (9.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.8) that helps to protect the company against sharp claims increases.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (43.1%), comm multi (12.1%), work comp (12.0%), homeowners (9.3%), fire (3.3%), product liab. (0.6%), other (19.6%)
Licensed in:
All states except AK, CA, CT, DC, FL, HI, LA, MA, NJ, NY, NC, RI, SC, PR
Principal Investments:
Investment grade bonds (57.5%), common stock (31.1%), real estate (5.2%), non investment grade bonds (3.5%), other (2.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2800 South Taylor Drive
SHEBOYGAN, WI 53081
SHEBOYGAN, WI 53081
Phone Number
(414) 369-5033
NAIC Number
14184
Website
Largest Affiliates
No affiliate information available.