Recent Highlights

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 […]

Company Milestones Achieved
12/31/2021

Year-end 2021 marks two significant milestones for North Star Mutual Insurance Company. The company has a new record in written premium, surpassing $500 Million. North Star also recorded assets over $1 Billion for the first time in it’s 100 year history. The company now serves over 365,000 policyholders across the states of Minnesota, Iowa, North Dakota, […]

Meyer Appointed to North Star Mutual Board of Directors
10/20/2021

Karen Meyer, of Wheaton, IL, was appointed to North Star Mutual Insurance Company’s board of directors in October 2021. Meyer is newly retired from General Reinsurance Corporation, where she worked for almost 32 years, most recently as a treaty account executive and SVP on Gen Re’s Mutual Practice team. In addition to managing all lines […]

North Star Receives Ward’s Top 50 Achievement
07/20/2021

North Star Mutual Named to Ward’s 50® Top Performing Property-Casualty Insurance Companies for the 17th Consecutive Year On July 20, 2021, the Ward Group named North Star Mutual to their list of 2021 Ward’s 50® Top Performing Property-Casualty Insurance Companies for the seventeenth consecutive year. The Ward Group is the leading provider of operational and […]

“A+ Superior” Rating Affirmed by A.M. Best
05/13/2021

A.M. Best reaffirmed North Star’s financial strength rating of A+ Superior with a stable outlook. This rating is an indication of soundness, permanency, and financial stability from the most highly respected and impartial insurance reporting organization in the nation. Only about 10% of all U.S. property-casualty insurance companies currently receive a rating of A+ or […]

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