National Fire & Casualty Co
Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 3.6% of capital. Fair profitability index (3.3) with operating losses during 2023 and 2024. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
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 (8.2) that helps to protect the company against sharp claims increases.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (35.2%), fire (9.2%), other (55.7%)
Licensed in:
IL, IN, WI
Principal Investments:
Investment grade bonds (48.1%), common stock (23.3%), preferred stock (11.2%), non investment grade bonds (11.2%), cash (3.6%), other (2.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2801 East Empire Street
Bloomington, IL 61704
Bloomington, IL 61704
Phone Number
(309) 663-1393
NAIC Number
41068
Website
--
Largest Affiliates
There are no affiliate to display.