COUNTRY Preferred Ins Co
Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (3.6) 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), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.9) with operating gains in each of the last five years. Excellent expense controls. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (89.4%), homeowners (10.5%)
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 (75.2%), common stock (19.7%), other (5.1%)
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
