Major Rating Factors:
Good liquidity (6.0 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 (5.2) despite negative cash flow from operations for 2025. Stability strengths include good historical capital adequacy and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.7% of capital. Fair reserve development (4.0) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (4.6) with operating losses during 2022. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
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 (66.5%), homeowners (14.5%), farmowners (9.9%), comm multi (1.9%), fire (0.3%), other (6.9%)
Licensed in:
IL, ND
Principal Investments:
Investment grade bonds (78.0%), common stock (17.3%), preferred stock (1.3%), other (3.3%)
Corporate Info
Group Affiliation
Nodak Mutual Group Inc
Investment Rating
Company Address
8700 Bryn Mawr Avenue
Chicago, IL 60631
Chicago, IL 60631
Phone Number
(312) 568-4500
NAIC Number
12721
Website
Largest Affiliates