COUNTRY Casualty 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. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 1.0% over the past five years. Good overall results on stability tests (6.3) despite excessive premium growth. Other stability subfactors include potentially strong support from affiliation with Illinois Agricultural Association, good operational trends and excellent risk diversification.
Other Rating Factors:
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (65.7%), homeowners (18.1%), fire (9.6%), other (6.6%)
Licensed in:
All states except CA, DC, FL, HI, LA, MS, NC, NH, NJ, NY, SC, UT, VA, VT, WV
Principal Investments:
Investment grade bonds (92.3%), other (7.7%)
Corporate Info
Group Affiliation
Illinois Agricultural Association
Investment Rating
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Company Address
1701 Towanda Avenue
Bloomington, IL 61701
Bloomington, IL 61701
Phone Number
(309) 821-3000
NAIC Number
20982
Website
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Largest Affiliates