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Lines of Insurance: Auto, Health, Long Term Care, Life, Disability, Homeowners States licensed to sell insurance in: AL, AK, AZ, AR, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, ME, MA, MI, MN, MO, MT, NE, NV, ND, OK, OR, PA, RI, SD, TN, TX, WA, WI, WY
Type of Insurance Company: Property and Casualty Name of Parent Company: Country Insurance & Financial Services Company Overview:
Company History: Country Insurance and Financial Services, operates through a group of property and casualty insurance companies, life insurance companies and a bank to provide a full range of property and casualty insurance, life insurance, disability insurance and retirement services. Country traces its roots to 1925 when a group of agricultural workers created a fire and lightning insurance company. Country Insurance is sponsored by several State Farm Bureau Federations. The company is especially strong in Illinois where it derives about 46% of its p/c premium (as of 2005).
Principal Methods: Company sells its products through approximately 3,125 agents (including about 2,200 exclusive agents and 925 independent agents).
Life Annuity Business: Country sells life insurance, annuities, long term care and disability coverages.
Auto Business: Country's p/c business is primarily focused on private passenger automobile and homeowner lines, farm and small "main street" commercial insurance products.
Homeowners Business: Company's homeowner lines, include farm and ranch coverages.
Health Business: Health coverages include disability and long term care.
Company Rating: Best Insurance Reports: 00302 Best Rating: A+ Company Financial Status: Assets & Premiums: Country Insurance & Financial Services had property and casualty assets of $3.5 billion at year end 2005 and p/c premium income of $2.0 billion for 2005. In addition, the life insurance operations had assets of $6.9 billion at the end of 2005 and premium income for the year 2005 of $0.6 billion. |