Major Rating Factors:
Fair reserve development (4.4 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.4) with operating losses during 2022, 2023, 2024 and the first six months of 2025. Average return on equity over the last five years has been poor at -1.5%. Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.2) despite. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.3% of capital. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (41.1%), homeowners (19.9%), comm multi (15.6%), farmowners (11.1%), work comp (3.3%), fire (0.6%), other (8.3%)
Licensed in:
IA, IL, IN, MI, OH, WI
Principal Investments:
Investment grade bonds (78.1%), common stock (4.0%), real estate (2.2%), non investment grade bonds (0.3%), other (15.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
527 Colman Center Drive
Rockford, IL 61108
Rockford, IL 61108
Phone Number
(815) 489-3225
NAIC Number
27065
Website
Largest Affiliates
No affiliate information available.