B
Florists Mutual Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
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Major Rating Factors: History of adequate reserve strength (6.4 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors: Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Fair profitability index (4.8) with operating losses during 2024.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business: Personal/comm auto (49.9%), work comp (33.7%), fire (2.5%), product liab. (1.0%), comm multi (0.1%), other (12.9%)
Licensed in: All states except WY
Principal Investments: Investment grade bonds (89.1%), common stock (5.1%), real estate (3.1%), other (2.7%)
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2-Year Reserve Development
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Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
--
Company Address
One Horticultural Lane
Edwardsville, IL 62025
Phone Number
(715) 346-6000
NAIC Number
13978
Largest Affiliates
B
Stevens Point, WI - P&C
A
STEVENS POINT, WI - L&A
B
Stevens Point, WI - P&C
B
Stevens Point, WI - P&C
B
Stevens Point, WI - P&C