A
North Star Mutual Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
4.21
Risk Adjusted
Capital Ratio #2
2.96
Loss
Ratio
54.27%
Total
Assets
1.49B
Capital
831.50M
Net
Premiums
850.13M
Net
Income
138.85M
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Weiss Ratings North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Rating A
Capitalization Index 9.90
Investment Safety Index --
Liquidity Index 6.20
Profitability Index 5.90
Reserve Adequacy Index 8.00
Stability Index 8.20
Company Info North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Industry P&C
NAIC Number 14850
Phone Number (507) 423-6262
Website www.northstarmutual.com
Address 269 Barstad Road, South Cottonwood, MN 56229
Balance Sheet North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Total Assets 1.49B
Capital and Reserves North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Risk-Adjusted Capital Ratio #1 4.21
Risk-Adjusted Capital Ratio #2 2.96
1-Year Reserve Development -0.91%
2-Year Reserve Development 0.01%
Capital 831.50M
Premium to Surplus 102.24%
Reserves to Surplus 22.69%
Investments North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.34%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Medical Loss Ratio --
Cash From Underwriting 129.67%
Combined Ratio 81.01%
Expense Ratio 26.74%
Loss Ratio 54.27%
Net Premium Growth 9.44%
Other Medical North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Net Income 138.85M
Net Premium 850.13M
Health Premium --