Major Rating Factors:
Good overall capitalization (6.2 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years. Good quality investment portfolio (5.4) despite mixed results such as: large holdings of BBB rated bonds but junk bond exposure equal to 57% of capital. Good overall results on stability tests (5.0) excellent operational trends and excellent risk diversification.
Other Rating Factors:
Fair Liquidity (4.3). Weak profitability (2.7) with operating losses during 2022.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Group life (24.0%), ind health (19.6%), ind annuities (4.5%), credit life (3.7%), credit health (3.0%), group annuities (2.4%), group health (0.3%), other (42.5%)
Licensed in:
AL, AZ, AR, GA, IL, IN, IA, KS, KY, LA, MI, MN, MS, MO, NE, NV, NC, OH, PA, TN, TX, UT, VA, WI
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Farmers Automobile Ins Assn
Investment Rating
--
Company Address
2505 COURT STREET
PEKIN, IL 61558
PEKIN, IL 61558
Phone Number
(800) 322-0160
NAIC Number
67628
Website
Largest Affiliates