B
Governmental InterIns
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
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Capital
Net
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Major Rating Factors: Fair profitability index (3.4 on a scale of 0 to 10) with operating losses during each of the last five years and the first six months of 2025. Average return on equity over the last five years has been poor at -4.6%. Good overall results on stability tests (5.3) despite negative cash flow from operations for 2024. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.4% of capital. Strong long-term capitalization index (9.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (42.0%), other (58.0%)
Licensed in: IA, IL, IN, WI
Principal Investments: Investment grade bonds (98.2%), cash (0.8%), other (1.0%)
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2-Year Reserve Development
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Investments in Affiliates
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2801 East Empire Street
Bloomington, IL 61704
Phone Number
(309) 663-1393
NAIC Number
37036
Largest Affiliates
No affiliate information available.