FMH Ag Risk Ins Co
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with small operating losses during 2025. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.0) including excessive premium growth and negative cash flow from operations for 2025.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, CT, HI, ME, MI, NH, NY, RI, VT
Principal Investments:
Investment grade bonds (43.2%), cash (3.6%), other (53.2%)
Corporate Info
Group Affiliation
Farmers Mutual Hail Ins Co of Iowa
Investment Rating
--
Company Address
6785 Westown Parkway
West Des Moines, IA 50266
West Des Moines, IA 50266
Phone Number
(515) 724-5007
NAIC Number
36781
Website
Largest Affiliates