back  
It was a Stormy Summer!! But MFM "Weathered" the Storm! icon

It is tough to complain about our stormy summer season at the same time that a Cat 4 Hurricane is set to hit the Florida coast. Matthew reinforces our strategy to not write business in hurricane exposed coastal regions. That said, Midwest storms can be less than kind as well. Our largest storm of the year dropped large hail on Bismarck, ND and then managed to inflict smaller damage on...

Posted on Tuesday, October 11 @ 10:21:22 -05:00
View Printable | Read More...


Second Quarter Results are Strong icon

Our year continues to progress well. Though our second quarter results were not as strong as the first quarter, our YTD financial results continue to exceed our business plan. Our combined ratio through June 30, 2016 is a solid 92.

Storm claims in June rained (hailed) on our parade a bit. The largest storm we worked in the second quarter was in Bismarck ND, followed by storm occurrences in Brainerd...

Posted on Sunday, August 21 @ 10:21:37 -05:00
View Printable | Read More...


1st Quarter Results Provide Cushion for Storm Season icon

For Midwest based P&C Carriers, the winter and fall months typically provide a welcome reprieve from storm activity. There's no hail, less wind, and fewer claims. This year, our seasonal weather was further affected by the back end of a year long El Nino pattern that has represented a dichotomy of sorts across the contiguous United States. This phenomenon has resulted in warmer and dryer air to the North, and...

Posted on Thursday, April 21 @ 19:01:10 -05:00
View Printable | Read More...


Midwest Family Mutual maintains A- (Excellent) Financial Strength Rating icon

Midwest Family Mutual (MFM) had its A- (Excellent) Financial Strength Rating affirmed by AM Best along with a “Stable” Outlook. MFM also maintains its Financial Size Category VII as surplus grew 9% in a year in which written premium revenue grew 8% to $129.6M.

A resounding theme in the rationale for MFM’s Financial Strength Rating is the consistency of our operating results coupled with a continued geographic spread of business....

Posted on Saturday, February 06 @ 13:29:34 -05:00
View Printable | Read More...


Happy New Year from Midwest Family! icon

To All MFM Agents and Insureds:

This past year, new records were set at MFM. Our written premium goal was exceeded with an increase of 7.5% to end at just short of $130M. This past year, we added a marketing presence in the states of Kansas, Missouri, and Indiana. We have significant accounting to complete on our financial results, but right now we estimate our combined ratio to be roughly...

Posted on Tuesday, January 05 @ 16:01:10 -05:00
View Printable | Read More...


back next