Illinois Casualty Co
Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) despite. The largest net exposure for one risk is conservative at 1.5% of capital. Fair reserve development (4.0) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 21.2% deficient. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.9) with operating gains in each of the last five years. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (66.8%), work comp (4.9%), other (28.3%)
Licensed in:
AZ, CO, IA, IL, IN, KS, KY, MI, MN, MO, ND, NE, OH, OR, PA, SD, TN, UT, WI
Principal Investments:
Investment grade bonds (73.4%), common stock (7.7%), real estate (2.0%), cash (1.7%), preferred stock (0.9%), non investment grade bonds (0.9%), other (13.4%)
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
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