Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2023. Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.4) despite negative cash flow from operations for 2025.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Farmowners (44.7%), homeowners (23.5%), personal/comm auto (13.5%), comm multi (6.5%), fire (3.6%), other (8.2%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (50.4%), common stock (30.4%), cash (7.9%), real estate (5.0%), non investment grade bonds (0.4%), other (5.9%)
Corporate Info
Group Affiliation
Mt Morris Mutual Ins Co
Investment Rating
--
Company Address
N1211 County Road B
Coloma, WI 54930
Coloma, WI 54930
Phone Number
(715) 228-5541
NAIC Number
10831
Website
Largest Affiliates