EMC P&C Co
Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) despite excessive premium growth. Strengths include potentially strong support from affiliation with Employers Mutual Casualty Co. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.1).
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 liquidity (7.0) 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:
Personal/comm auto (35.3%), work comp (13.6%), fire (10.1%), comm multi (5.8%), product liab. (3.4%), other (31.9%)
Licensed in:
All states except AK, CA, HI, ME, WV
Principal Investments:
Investment grade bonds (93.1%), preferred stock (3.2%), other (3.7%)
Corporate Info
Group Affiliation
Employers Mutual Casualty Co
Investment Rating
--
Company Address
717 Mulberry Street
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(515) 280-2511
NAIC Number
25186
Website
Largest Affiliates