Illinois Casualty Co
Major Rating Factors:
Fair reserve development (3.4 on a scale of 0 to 10) as the level of reserves has at times been insufficient to cover claims. In 2024 and 2025 the two year reserve development was 21.2% and 29.6% deficient respectively. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.7) despite. The largest net exposure for one risk is conservative at 1.5% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.2).
Stability Factors:
Principal Lines of Business:
Comm multi (66.1%), work comp (4.6%), other (29.3%)
Licensed in:
AL, AZ, CO, IA, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, OH, OR, PA, SD, TN, UT, WI
Principal Investments:
Investment grade bonds (68.7%), common stock (9.5%), cash (2.8%), real estate (2.0%), preferred stock (1.2%), non investment grade bonds (0.7%), other (15.1%)
Corporate Info
Group Affiliation
ICC Holdings Inc
Investment Rating
--
Company Address
225 20th Street
Rock Island, IL 61201
Rock Island, IL 61201
Phone Number
(309) 793-1700
NAIC Number
15571
Website
Largest Affiliates