Recent Highlights

“A+ Superior” Rating Affirmed by A.M. Best
08/06/2025

North Star’s AM Best rating of A+ (Superior) has been reaffirmed! We are proud to hold this status with AM Best, the nation’s most widely respected and impartial insurance reporting organization. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations.

North Star Mutual Partners with FHLB Des Moines to Support Cottonwood Community Foundation
07/09/2025

North Star Mutual partners with Federal Home Loan Bank of Des Moines to award $100,000 to the Cottonwood Area Community Foundation through Member Impact Fund. (COTTONWOOD, MN, June 26, 2025) – North Star Mutual Insurance Company, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that Cottonwood […]

“A+” Superior Financial Rating Reaffirmed by A.M. Best
08/07/2024

On August 7, 2024, A.M. Best reaffirmed North Star Mutual’s “A+” (Superior) financial strength rating. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations. North Star has held an A+ (Superior) rating since December 2007.

Boerboom Appointed to North Star Mutual Board of Directors
06/13/2024

Greg Boerboom of Marshall, MN, was appointed to North Star Mutual Insurance Company’s Board of Directors in January of 2024. Boerboom, along with his wife, Paula, and their children Mike, Matt, and Laura, own Boerboom Ag Resources, “A third generation progressive, family farm focusing on raising quality and nutritious pork”. Today’s operations focus on raising […]

A.M. Best “A+ Superior” Rating Affirmed
06/23/2023

North Star’s AM Best rating of A+ (Superior) has been affirmed as of June 23, 2023. We are proud to hold this status with AM Best, the nation’s most widely respected and impartial insurance reporting organization. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations.

North Star Mutual Invests in the Future of Southwest Minnesota State University
02/02/2023

North Star Mutual Insurance Company, of Cottonwood, Minnesota, has announced plans to invest $3 million in the Southwest Minnesota State University Foundation to establish the North Star Mutual School of Business and scholarship program. (COTTONWOOD, MN – Feb. 2, 2023) North Star Mutual Insurance Company, of Cottonwood, Minnesota, has announced plans to invest $3 million […]

2022 Ward’s 50® Announced
07/14/2022

North Star Mutual Named to Ward’s 50® Top Performing Property-Casualty Insurance Companies for the 18th Consecutive Year On July 11, 2022, the Ward Group named North Star Mutual to their list of 2022 Ward’s 50® Top Performing Property-Casualty Insurance Companies for the eighteenth consecutive year. The Ward Group is the leading provider of operational and compensation benchmarking […]

“A+ Superior” Rating Affirmed by A.M. Best
06/20/2022

North Star’s AM Best rating of A+ (Superior) has been reaffirmed! We are proud to hold this status with AM Best, the nation’s most widely respected and impartial insurance reporting organization. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations.

North Star Mutual Honored with Company Award of Excellence
05/16/2022

On May 16, 2022, the Minnesota Independent Insurance Agents and Brokers Association (MIIAB) awarded North Star Mutual with their 2022 Company Award of Excellence. This prestigious award is presented annually to an insurance carrier selected by the MIIAB Board of Directors and supporting member agencies in recognition of excellent support and dedication to the independent […]

Annual Campaign for United Way Concludes
01/19/2022

Each year we are so grateful to support United Way of Southwest Minnesota and their efforts to strengthen our local communities. This year, employees contributed $33,249.49 through payroll pledges, donations, and special events. North Star Mutual Insurance Company made an additional investment of $33,993.49 for a total campaign of $67,242.98. Together, we can make a […]

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