MercyCare Ins Co
Major Rating Factors:
Fair quality investment portfolio (4.2 on a scale of 0 to 10). Weak profitability index (1.4) with modest operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -0.9%. Weak overall results on stability tests (2.2) based on a significant -23% decrease in enrollment during the period.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (8.4) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019.
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