B
Dover Bay Specialty Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
26.32%
Total
Assets
126.35M
Capital
95.50M
Net
Premiums
39.40M
Net
Income
16.60M
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Weiss Ratings Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Rating B
Capitalization Index 9.50
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 2.90
Reserve Adequacy Index 5.80
Stability Index 7.40
Company Info Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Industry P&C
NAIC Number 15894
Phone Number (309) 766-2311
Website doverbay.statefarm.com
Address One State Farm Plaza Bloomington, IL 61710
Balance Sheet Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Total Assets 126.35M
Capital and Reserves Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Risk-Adjusted Capital Ratio #1 3.70
Risk-Adjusted Capital Ratio #2 2.70
1-Year Reserve Development 30.00%
2-Year Reserve Development 510.00%
Capital 95.50M
Premium to Surplus 40.00%
Reserves to Surplus 0.00%
Investments Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 220.00%
Combined Ratio 50.00%
Expense Ratio 20.00%
Loss Ratio 26.32%
Net Premium Growth 1,690.00%
Other Medical Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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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 Dover Bay Specialty Ins Co
Bloomington, IL 		Click to
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Net Income 16.60M
Net Premium 39.40M
Health Premium --