Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including weak risk diversification and weak results on operational trends. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.1) with operating losses during 2021, 2022 and 2023.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, AZ, IL, IN, MT, ND, OK, SD, UT
Principal Investments:
Investment grade bonds (75.7%), cash (24.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
114 E Everett St.
Dixon, IL 61021
Dixon, IL 61021
Phone Number
(202) 460-9233
NAIC Number
16850
Website
Largest Affiliates
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