AM Best Affirms Credit Ratings of Illinois Casualty Company [Yahoo! Finance]
ICC Holdings, Inc. (ICCH)
US:NASDAQ Investor Relations:
ir.iccholdingsinc.com
Company Research
Source: Yahoo! Finance
Rating (Long-Term ICR) of "a-" (Excellent) of Illinois Casualty Company (ICC). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of ICC Holdings, Inc. [NASDAQ: ICCH], the publicly traded holding company that owns 100% of ICC. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Rock Island, IL. The ratings reflect ICC's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The stable outlooks reflect AM Best's expectation that ICC will maintain its very strong balance sheet strength assessment, which is supported by the strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). While underwriting measures have increased modestly in recent periods as premium growth outpaced surplus, metrics are generally in range of composite peers. The company shifted its commo
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Sec Filings
- 9/10/24 - Form SC
- 8/13/24 - Form 10-Q
- 8/8/24 - Form 8-K
- ICCH's page on the SEC website