Indiana Farmers Indem Ins Co
Major Rating Factors:
Weak overall results on stability tests (1.7 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and lack of operational experience. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Good profitability index (4.9). Excellent expense controls.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2024. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (87.1%), fire (1.2%), product liab. (0.5%), other (11.3%)
Licensed in:
IL, IN, KY, OH, TN
Principal Investments:
Investment grade bonds (15.3%), other (84.7%)
Corporate Info
Group Affiliation
Indiana Farmers Mutual Ins Co
Investment Rating
--
Company Address
10 West 106th Street
Indianapolis, IN 46290
Indianapolis, IN 46290
Phone Number
(317) 846-4211
NAIC Number
17478
Website
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