US Ins Co of America
Major Rating Factors:
Weak overall results on stability tests (2.5 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is high at 3.9% of capital. Good overall profitability index (5.2) despite operating losses during 2021 and 2023. Strong long-term capitalization index (7.7) 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. Excellent liquidity (7.2) 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.
Principal Lines of Business:
Comm multi (81.9%), fin guar/surety (1.2%), homeowners (0.1%), other (16.8%)
Licensed in:
IL, IN, KS, KY, MO, NV, OK, WI
Principal Investments:
Investment grade bonds (69.8%), cash (10.7%), common stock (2.6%), non investment grade bonds (1.3%), other (15.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3131 Greenhead Drive
Springfield, IL 62711
Springfield, IL 62711
Phone Number
(217) 391-5252
NAIC Number
13017
Website
Largest Affiliates
There are no affiliate to display.