Society Ins a Mutual Co
Major Rating Factors:
Good overall results on stability tests (6.4 on a scale of 0 to 10) despite negative cash flow from operations for 2024. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.7) with operating losses during 2022, 2023 and 2024. Return on equity has been low, averaging 0.1% over the past five years.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (55.8%), work comp (23.4%), personal/comm auto (7.7%), other (13.1%)
Licensed in:
AZ, CO, GA, IA, IL, IN, KS, KY, MI, MN, MO, NC, OH, SC, TN, TX, UT, WI
Principal Investments:
Investment grade bonds (81.6%), common stock (10.9%), cash (4.7%), real estate (1.2%), preferred stock (0.5%), non investment grade bonds (0.3%), other (0.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
150 Camelot Drive
Fond du Lac, WI 54936
Fond du Lac, WI 54936
Phone Number
(920) 922-1220
NAIC Number
15261
Website
Largest Affiliates
No affiliate information available.