Pekin Insurance Co. associate “API” rating by S & P

Standard & Poor’s Credit Wire - Standard & Poor’s today assigned its single “API” financial capacity of insurers rating Pekin Insurance Co.

The company is licensed in Wisconsin, Indiana, Illinois, Iowa. Its main sectors is private passenger auto liability, and is a member of Pekin Insurance Group, a large insurance group with surpluses of more than $ 200 million. The company began in 1961, and the principle of the state in which it operates, Illinois.

Based on a pool reinsurance group’s agreement with its parent company, Farmers Automobile Insurance Association.

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