B
Dakota Fire Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (6.5 on a scale of 0 to 10). Excellent expense controls. Good overall results on stability tests (6.0) despite excessive premium growth. Strengths include potentially strong support from affiliation with Employers Mutual Casualty Co. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors: 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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (16.8%), fire (13.8%), comm multi (3.6%), product liab. (1.6%), other (64.3%)
Licensed in: ID, MN, MT, ND, SD
Principal Investments: Investment grade bonds (85.3%), preferred stock (2.3%), other (12.4%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Employers Mutual Casualty Co
Investment Rating
--
Company Address
717 Mulberry Street
Des Moines, IA 50309
Phone Number
(515) 280-2511
NAIC Number
10863
Largest Affiliates
B
Des Moines, IA - P&C
C
Des Moines, IA - P&C
B
Des Moines, IA - P&C
B
Des Moines, IA - P&C
B
Des Moines, IA - P&C