B
MW Family Advantage Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall results on stability tests (5.4 on a scale of 0 to 10) despite. Fair reserve development (4.9) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors: Excellent profitability index (8.9) with operating gains in each of the last five years. Excellent expense controls. 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. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (100.0%)
Licensed in: All states except AK, AL, CA, CT, DC, DE, FL, GA, HI, LA, MA, MD, MS, NC, NJ, NY, RI, SC, VA
Principal Investments: Investment grade bonds (59.2%), other (40.8%)
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
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Corporate Info
Group Affiliation
Midwest Family Mutual Ins Co
Investment Rating
--
Company Address
12130 Meredith Drive
Urbandale, IA 50323
Phone Number
(515) 842-0010
NAIC Number
16262
Largest Affiliates
B
Urbandale, IA - P&C