Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8) with operating losses during 2025. Fair overall results on stability tests (3.4) including negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 7.8% of capital.
Other Rating Factors:
Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Farmowners (40.2%), homeowners (34.5%), personal/comm auto (7.0%), fire (4.3%), comm multi (3.9%), other (10.0%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (40.9%), common stock (33.8%), cash (22.2%), real estate (1.0%), other (2.0%)
Corporate Info
Group Affiliation
Mt Morris Mutual Ins Co
Investment Rating
--
Company Address
500 Second Street
Reedsburg, WI 53959
Reedsburg, WI 53959
Phone Number
(608) 524-3405
NAIC Number
11726
Website
Largest Affiliates