US Ins Co of America
Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak risk diversification. Fair profitability index (4.1) with operating losses during 2021 and 2023. Return on equity has been fair, averaging 6.0% over the past five years. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.6) that helps to protect the company against sharp claims increases. Superior liquidity (9.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (79.4%), fin guar/surety (1.4%), homeowners (1.0%), other (18.2%)
Licensed in:
IL, IN, KS, KY, MO, NV, OK, WI
Principal Investments:
Investment grade bonds (60.1%), cash (16.0%), common stock (2.4%), non investment grade bonds (1.6%), other (19.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
3131 Greenhead Drive
Springfield, IL 62711
Springfield, IL 62711
Phone Number
(217) 391-5252
NAIC Number
13017
Website
Largest Affiliates
No affiliate information available.