Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 19.1% deficient. Fair profitability index (3.1) with operating losses during 2022, 2023, 2024 and 2025. Fair overall results on stability tests (4.9) including negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.3% of capital.
Other Rating Factors:
Good long-term capitalization index (5.7) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Vulnerable liquidity (2.9) as a spike in claims may stretch capacity.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (37.8%), homeowners (21.4%), comm multi (15.9%), farmowners (13.2%), work comp (2.9%), fire (0.4%), other (8.5%)
Licensed in:
IA, IL, IN, MI, OH, WI
Principal Investments:
Investment grade bonds (79.3%), common stock (6.2%), real estate (2.2%), non investment grade bonds (0.3%), other (11.9%)
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
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