Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10) despite modest operating losses during the first three months of 2025. Return on equity has been good over the last five years, averaging 11.8%. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AR, IA, KS, MO, NE, TN
Principal Investments:
Investment grade bonds (82.4%), common stock (13.9%), real estate (1.0%), cash (0.9%), non investment grade bonds (0.2%), preferred stock (0.1%), other (1.6%)
Corporate Info
Group Affiliation
MEM Mutual Ins Co
Investment Rating
--
Company Address
101 North Keene Street
Columbia, MO 65201
Columbia, MO 65201
Phone Number
(573) 499-9714
NAIC Number
10191
Website
Largest Affiliates