Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall results on stability tests (6.1) despite excessive premium growth. Other stability subfactors include potentially strong support from affiliation with Farm Bureau of Idaho Group, good operational trends and excellent risk diversification. 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.
Other Rating Factors:
Excellent profitability index (8.5) with operating gains in each of the last five years. Excellent expense controls. Superior liquidity (9.6) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Comm multi (57.2%), personal/comm auto (32.5%), farmowners (0.8%), other (9.6%)
Licensed in:
ID, OR, WA
Principal Investments:
Investment grade bonds (92.2%), common stock (5.2%), cash (2.4%), other (0.3%)
Corporate Info
Group Affiliation
Farm Bureau of Idaho Group
Investment Rating
--
Company Address
275 Tierra Vista Drive
Pocatello, ID 83201
Pocatello, ID 83201
Phone Number
(208) 232-7914
NAIC Number
39519
Largest Affiliates