Demotech Affirms the Financial Stability Rating® Assigned to Woodville Mutual

Columbus, Ohio, November 1, 2018: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Woodville Mutual has been affirmed by Demotech, Inc.  This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Woodville Mutual

Woodville Mutual originated as the German Farmers Mutual Protective Association in 1859. The German Farmers Mutual Protective Cyclone Association was incorporated in Woodville in 1909. The two associations were consolidated as Woodville Mutual in 1960. Woodville Mutual and Wayne Mutual have created combination Farmowners and Homeowners Policies which are marketed through Woodville Mutual’s Independent Agents. This insurance contract separates the property and liability sections of the combination policy between Woodville and Wayne respectfully. Woodville Mutual’s Corporate Goals are: 1) Corporate financial security for the benefit of their Policyholders, Agents, and Employees; 2) Growth of Policyholder Surplus; 3) positive underwriting results; 4) Maintenance of a solid, conservative Investment Portfolio.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Visit for more information.

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