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Grinnell Mutual Ratings and Company Information
Best Insurance Reports: A
Url of page where rating was collected:
Grinnell Mutual and Grinnell Select Insurance have earned A ratings from A.M. Best for the last 23 years
Type of Insurance Company: Mutual
Name of Parent Company:
Grinnell Select Insurance
Company History: The Iowa Farmers Mutual Insurance Association was founded in 1909. The company began to expand into other states in 1930 and entered into the auto insurance business. In 1963, the company changed its name to Grinnell Mutual Reinsurance Company. Now Grinnell is the largest primary reinsurer of mutual farm companies in North America and the 123rd largest property-casualty insurer in the US. Grinnell Mutual employs over 700 people.
Principle Sales Methods: Independent agents and Internet
Auto Business: Ginnell Mutual offers standard auto, elite driver, and sport vehicle insurance.
Homeowners Business: Grinnell Mutual sells Homeowners, Renters and Mobile home coverages, along with a variety of equipment breakdown coverages.
Special Business: Grinnell Mutual sells a spectrum of Commercial policies, including Business and Farm Owners insurance and Reinsurance in the Midwest.
Company Financial Status:
Assets & Premiums: 2013:
Premiums: $78.322 million
Assets: $858.609 million
Lines of Insurance:
States licensed to sell insurance in:
IL, IN, IA, MN, MO, NE, ND, OH, OK, PA, SD, WI