Madison Mutual Ins Co (IL)
Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2022, 2023 and the first six months of 2025. Average return on equity over the last five years has been poor at -1.9%. History of adequate reserve strength (6.6) as reserves have been consistently at an acceptable level. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.2) despite. Stability strengths include good operational trends and good risk diversification. 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.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (50.6%), homeowners (46.0%), farmowners (2.5%), fire (0.5%), comm multi (0.1%), other (0.3%)
Licensed in:
IL, IN, MO, WI
Principal Investments:
Investment grade bonds (67.3%), common stock (23.5%), cash (4.0%), preferred stock (2.4%), other (2.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
222 East Park Street
Edwardsville, IL 62025
Edwardsville, IL 62025
Phone Number
(618) 656-3410
NAIC Number
14443
Website
Largest Affiliates
No affiliate information available.