Demotech Affirms the Financial Stability Rating® Assigned to Northwest GF Mutual Insurance Company

Columbus, Ohio, November 7, 2018: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Northwest GF Mutual Insurance Company 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 Northwest GF Mutual Insurance Company

Northwest GF was started in 1897 as Evangelical Lutheran Mutual Insurance Company. In an era in which loss or damage to property could result in the loss of a means to make a living, the early German pioneers of Eureka South Dakota in recognizing the need for some form of protection, established their own mutual insurance company. After the drafting of its articles of incorporation, the company’s name was formally changed to Northwest German Farmers and then subsequently in 1961 to Northwest GF Mutual Insurance Company (NWGF). Northwest GF has been providing North and South Dakota policyholders with an array of personal lines and farm products for over 117 years. The company’s folksy personal service approach to doing business has created a family of agents and policyholders who remain very loyal in supporting this unique company domiciled on the South Dakota prairie.

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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