News Archive
MFM posts good to great first quarter results!! icon

To all MFM Agencies: Our results were good to great in the first quarter. Our loss results were good in that we produced a combined ratio of 93 in the first quarter. Though a good result to date, we always are little apprehensive this time of year as we approach the traditional Midwest storm season which will commence over the next 3-4 months. Right now many of us here in the Midwest are still digging out from another 2-3 feet of snow from hopefully our last winter storm. But as a very experienced property adjustor told me years a go: if it's snowing, it's not hailing!

Our sales were great in the first quarter. Our business plan growth target is 8% for 2018 but so far we are growing premiums by 15% year to date. Sales of new commercial lines accounts and new First Class Portfolio personal lines accounts have been brisk and far exceed our planned sales expectations. Thank you for your business!

We are now active in Oregon as our 20th active State. I want to extend a big welcome to our new Agencies in Oregon. By mid year we should also be active in Washington as our 21ST active State.

We have a good start to begin the year. Always know we appreciate your business and your confidence in us. The MFM Mission: We serve our Agents first to serve Policyholders best!

Have a great spring! Best Regards!

Ronald Boyd, CPCU
President and CEO
Midwest Family Mutual
Suite 305, 4401 Westown Parkway

Posted on Monday, April 30 @ 08:22:29 -05:00
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Happy New Year as we say good bye to a wonderful 2017!! icon

To all Midwest Family Agencies: Happy New Year!!! This past year was another record setting year for Midwest Family. Our premiums grew 9.8% to 157M up from 143M last year. Our Combined Ratio was 92.3 making 2017 our 5th consecutive year of Underwriting gains. Surplus will be a record 69M up 9.3% from 2016. Our claims people serviced an estimated 8000 claims this past year including a number of Midwest...

Posted on Wednesday, December 27 @ 11:01:37 -05:00
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A very stormy Summer!! But it was also a financially successful one! icon

To all Midwest Family Agencies: Hail is a four letter word. Tornado should be a four letter word but maybe wind is its close substitute. In May through July, we experienced some of the worst summer weather our Company has ever experienced. Also this weather was everywhere in the Midwest. In all of our Midwest States we experienced some wind or hail losses. The summer made us better appreciate our...

Posted on Wednesday, September 06 @ 15:32:04 -05:00
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First quarter results are excellent! icon

To all MFM Agencies: Our first quarter of 2017 is off to a very good start. Losses are lower and sales are higher...a great scenario to start the year. Our written premiums are up 11.4% compared to the same quarter a year ago. New sales have been brisk in all lines of business and in all states. Losses were well under control with modest winter weather. Increasing our writings in...

Posted on Sunday, April 30 @ 20:53:09 -05:00
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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
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