COUNTRY Preferred Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (9.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.7). Excellent expense controls.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Strengths include potentially strong support from affiliation with Illinois Agricultural Association, good operational trends and excellent risk diversification.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (51.7%), personal/comm auto (47.9%), other (0.4%)
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 (80.0%), common stock (17.5%), other (2.5%)
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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