B
First Dakota Indemnity Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.00
Risk Adjusted
Capital Ratio #2
1.60
Loss
Ratio
64.17%
Total
Assets
117.04M
Capital
46.36M
Net
Premiums
45.53M
Net
Income
4.34M
My Lists My Alerts
Weiss Ratings First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 7.50
Investment Safety Index --
Liquidity Index 6.20
Profitability Index 8.90
Reserve Adequacy Index 9.30
Stability Index 6.30
Company Info First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 10351
Phone Number (800) 732-1486
Website www.rascompanies.com
Address 300 Cherapa Place Sioux Falls, SD 57103
Balance Sheet First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 117.04M
Capital and Reserves First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.00
Risk-Adjusted Capital Ratio #2 1.60
1-Year Reserve Development -380.00%
2-Year Reserve Development -450.00%
Capital 46.36M
Premium to Surplus 100.00%
Reserves to Surplus 90.00%
Investments First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 4.13%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 120.00%
Combined Ratio 90.00%
Expense Ratio 20.00%
Loss Ratio 64.17%
Net Premium Growth 10.00%
Other Medical First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 First Dakota Indemnity Co
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 4.34M
Net Premium 45.53M
Health Premium --