D
FLORIDA FARM BU CASUALTY INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Rating D
Capitalization Index 7.00
Investment Safety Index --
Liquidity Index 4.00
Profitability Index 1.30
Reserve Adequacy Index 4.30
Stability Index 2.80
Company Info FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Industry P&C
NAIC Number 31216
Phone Number (352) 374-1512
Website floridafarmbureau.com
Address 5700 SW 34th Street Gainesville, IL 32608
Balance Sheet FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 573.68M
Capital and Reserves FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Risk-Adjusted Capital Ratio #1 1.45
Risk-Adjusted Capital Ratio #2 1.01
1-Year Reserve Development -22.70%
2-Year Reserve Development 4.70%
Capital 147.26M
Premium to Surplus 224.50%
Reserves to Surplus 153.00%
Investments FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 3.20%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 93.10%
Combined Ratio 114.90%
Expense Ratio 18.10%
Loss Ratio 96.80%
Net Premium Growth 13.70%
Other Medical FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability FLORIDA FARM BU CASUALTY INS CO
Gainesville, IL
Click to
Compare
Click to
Compare
Click to
Compare
Net Income -36.22M
Net Premium 330.55M
Health Premium --
Weiss Ratings