Indiana Farmers Indem Ins Co
Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Weak overall results on stability tests (1.7) 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.
Other Rating Factors:
Good profitability index (4.9). Excellent expense controls. 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 (86.1%), fire (1.6%), product liab. (0.6%), other (11.6%)
Licensed in:
IL, IN, KY, OH, TN
Principal Investments:
Other (100%)
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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