Rating Date
June 2026
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Good overall profitability index (6.0 on a scale of 0 to 10) despite operating losses during 2022. Excellent expense controls. Good overall results on stability tests (4.9) including. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (96.0%), other (4.0%)
Licensed in:
SD
Principal Investments:
Investment grade bonds (65.3%), cash (19.5%), preferred stock (7.1%), other (8.1%)
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
Goodville Mutual Ins Group
Investment Rating
--
Company Address
120 Calumet Avenue, SE
De Smet, SD 57231
De Smet, SD 57231
Phone Number
(605) 854-3732
NAIC Number
38539
Website
Largest Affiliates