Illinois Farmers Ins Co
Major Rating Factors:
Good overall profitability index (6.2 on a scale of 0 to 10) despite operating losses during 2021, 2022 and 2023. 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. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (67.0%), homeowners (25.7%), comm multi (2.7%), fire (1.6%), work comp (0.2%), other (2.7%)
Licensed in:
IL, IN, MN, WI
Principal Investments:
Investment grade bonds (61.5%), common stock (34.4%), cash (3.9%), other (0.2%)
Corporate Info
Group Affiliation
Farmers Ins Group of Companies
Investment Rating
--
Company Address
6301 Owensmouth Avenue
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(818) 965-0263
NAIC Number
21679
Website
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