MercyCare Ins Co
Major Rating Factors:
Fair quality investment portfolio (3.5 on a scale of 0 to 10). Fair overall results on stability tests (3.7) based on fair risk diversification due to the company's size, an overall decline in enrollment over the past five years. Weak profitability index (1.6) with modest operating losses during each of the last five years. Average return on equity has been poor at -1.4%.
Other Rating Factors:
Excellent capitalization (7.1) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019. Excellent liquidity (10.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IL, WI
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Mercy Health Corporation
Investment Rating
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Company Address
580 North Washington Street
Janesville, WI 53548
Janesville, WI 53548
Phone Number
(608) 752-3431
NAIC Number
60215
Largest Affiliates