Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.2) including excessive premium growth. Good profitability index (4.9). Excellent expense controls.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AZ, IA, IL, IN, MI, UT, WI
Principal Investments:
Investment grade bonds (87.9%), cash (1.1%), other (11.1%)
Corporate Info
Group Affiliation
Farmers Automobile Ins Association
Investment Rating
--
Company Address
2505 Court Street
Pekin, IL 61554
Pekin, IL 61554
Phone Number
(309) 346-1161
NAIC Number
16651
Website
Largest Affiliates