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 -06:00
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