Section 215 ILCS 120/5 - Kinds of Insurance(1) Any company operating under this Act is authorized to insure or to accept reinsurance from other farm mutual companies against loss or damage by: (a) any peril or perils, except earthquake, resulting in physical loss or damage to property;(c) consequential loss coverages if written in conjunction with the policy providing direct coverage for same.(2) A company authorized under this Act may insure against loss or damage by the perils of wind, only if such company has and maintains policyholders' surplus equal to or greater than $100,000.(3) A company may undertake to insure against the peril of flood to the extent such company is reinsured pursuant to the National Flood Insurance Program, and only if such company has and maintains policyholders' surplus equal to or greater than $100,000.