Demotech Affirms the Financial Stability Rating® Assigned to MutualAid eXchange

Columbus, Ohio, October 19, 2018: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to MutualAid eXchange 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 MutualAid eXchange

MutualAid eXchange (MAX) was formed on January 1, 2001 as a Kansas domiciled reciprocal exchange.  MAX is located in Overland Park, Kansas and is licensed to write property and casualty insurance in 18 Midwest and Mid-Atlantic states.  MAX provides Homeowners and Farmowners insurance in 15 states and in 5 provinces in Canada through MAX Canada Insurance Company, a wholly owned subsidiary.  MAX is managed by MII Management Group, Inc. (MIIMG), its wholly owned attorney-in-fact.   MIIMG owns a U.S. insurance agency (MAX Insurance Agency, Inc.), and an Ontario insurance brokerage (Mutual Aid Insurance Brokers Company), that offer insurance products from other carriers for risks that don’t fit MAX’s underwriting criteria and in lines of business that MAX does not write.  Visit for more information.

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.

# # #