C
First Dakota Indemnity Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good liquidity (6.0 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2021. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (8.6). Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Work comp (100.0%)
Licensed in: All states except AK, CA, DC, HI, ME, ND, NH, NY, OH, OR, TX, VT, WA, WY
Principal Investments: Investment grade bonds (68.1%), common stock (13.0%), preferred stock (2.2%), non investment grade bonds (0.3%), other (16.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
First Dakota Indemnity Co
Investment Rating
--
Company Address
300 Cherapa Place
Sioux Falls, SD 57103
Phone Number
(800) 732-1486 5002
NAIC Number
10351
Largest Affiliates
C
C
Portland, ME - P&C
C
Sioux Falls, SD - P&C
C
Portland, ME - P&C