Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10) despite. Fair reserve development (4.9) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
Excellent profitability index (8.9) with operating gains in each of the last five years. Excellent expense controls. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
All states except AK, AL, CA, CT, DC, DE, FL, GA, HI, LA, MA, MD, MS, NC, NJ, NY, RI, SC, VA
Principal Investments:
Investment grade bonds (59.2%), other (40.8%)
Corporate Info
Group Affiliation
Midwest Family Mutual Ins Co
Investment Rating
--
Company Address
12130 Meredith Drive
Urbandale, IA 50323
Urbandale, IA 50323
Phone Number
(515) 842-0010
NAIC Number
16262
Website
Largest Affiliates