SFM Safe Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9). Fair overall results on stability tests (3.7) including excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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:
Work comp (100.0%)
Licensed in:
GA, IA, IN, KS, MN, NE, SD, TN
Principal Investments:
Investment grade bonds (95.8%), other (4.2%)
Corporate Info
Group Affiliation
SFM Mutual Ins Co
Investment Rating
--
Company Address
3500 American Boulevard, West
Bloomington, MN 55431
Bloomington, MN 55431
Phone Number
(952) 838-4200
NAIC Number
15702
Website
Largest Affiliates