COUNTRY Preferred Ins Co
Major Rating Factors:
Good liquidity (6.3 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.8) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.5). Excellent expense controls.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (67.7%), homeowners (32.1%), other (0.3%)
Licensed in:
All states except CA, CT, DC, FL, HI, LA, MA, ME, MS, NC, NH, NJ, NY, SC, UT, VA, VT, WV
Principal Investments:
Investment grade bonds (63.3%), common stock (15.2%), non investment grade bonds (0.1%), other (21.4%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Illinois Agricultural Association
Investment Rating
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Company Address
1701 North Towanda Avenue
Bloomington, IL 61701
Bloomington, IL 61701
Phone Number
(309) 821-3000
NAIC Number
21008
Website
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Largest Affiliates