C
CLEAR SPRING CASUALTY INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Rating C
Capitalization Index 3.20
Investment Safety Index --
Liquidity Index 4.50
Profitability Index 7.30
Reserve Adequacy Index 9.30
Stability Index 3.60
Company Info CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Industry P&C
NAIC Number 11703
Phone Number (570) 270-9876
Website www.ligins.com
Address 46 Public Square Suite 501 Wilkes-Barre, IL 18701
Balance Sheet CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Total Assets 631.54M
Capital and Reserves CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Risk-Adjusted Capital Ratio #1 0.68
Risk-Adjusted Capital Ratio #2 0.52
1-Year Reserve Development -4.20%
2-Year Reserve Development -17.30%
Capital 164.66M
Premium to Surplus 114.90%
Reserves to Surplus 113.50%
Investments CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 29.40%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Medical Loss Ratio --
Cash From Underwriting 71.50%
Combined Ratio 97.50%
Expense Ratio 33.10%
Loss Ratio 64.40%
Net Premium Growth 12.00%
Other Medical CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability CLEAR SPRING CASUALTY INS CO
Wilkes-Barre, IL
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Net Income 5.75M
Net Premium 189.27M
Health Premium --
Weiss Ratings