Austin Mutual Insurance Co. News

Crop Insurer to Reimburse Some North Dakota Policyholders

A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm announced an agreement with Austin Mutual Insurance Co. …

Main Street America Expands Commercial Products to Austin Mutual Agents in Oregon

The Main Street America Group has introduced its commercial product line, featuring its flagship main line business owners policy (Main Line BOP), to independent agents who represent the super-regional property/casualty insurance carrier’s Austin Mutual Insurance Co. in Oregon. This launch …

Main Street America to Drop Some Spring Valley Policies in Minnesota

Main Street America announced it will stop writing new Spring Valley Mutual Co. personal lines and farm business in Minnesota as of Aug. 15, 2013, and non-renew existing policies effective Oct. 1, 2013. Non-renewal notices will begin going out to …

A.M. Best Upgrades Ratings of Minnesota’s Austin Mutual Insurance

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from B (Fair) and the issuer credit rating to “a+” from “bb+” of Austin Mutual Insurance Co. (Austin) in Maple Grove, Minn. The outlook for both ratings has …