On August 7, 2024, A.M. Best reaffirmed North Star Mutual’s “A+” (Superior) financial strength rating. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations. North Star has held an A+ (Superior) rating since December 2007.

Greg Boerboom of Marshall, MN, was appointed to North Star Mutual Insurance Company’s Board of Directors in January of 2024. Boerboom, along with his wife, Paula, and their children Mike, Matt, and Laura, own Boerboom Ag Resources, “A third generation progressive, family farm focusing on raising quality and nutritious pork”. Today’s operations focus on raising […]

North Star’s AM Best rating of A+ (Superior) has been affirmed as of June 23, 2023. We are proud to hold this status with AM Best, the nation’s most widely respected and impartial insurance reporting organization. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations.

North Star Mutual Insurance Company, of Cottonwood, Minnesota, has announced plans to invest $3 million in the Southwest Minnesota State University Foundation to establish the North Star Mutual School of Business and scholarship program. (COTTONWOOD, MN – Feb. 2, 2023) North Star Mutual Insurance Company, of Cottonwood, Minnesota, has announced plans to invest $3 million […]

North Star Mutual Named to Ward’s 50® Top Performing Property-Casualty Insurance Companies for the 18th Consecutive Year On July 11, 2022, the Ward Group named North Star Mutual to their list of 2022 Ward’s 50® Top Performing Property-Casualty Insurance Companies for the eighteenth consecutive year. The Ward Group is the leading provider of operational and compensation benchmarking […]

North Star’s AM Best rating of A+ (Superior) has been reaffirmed! We are proud to hold this status with AM Best, the nation’s most widely respected and impartial insurance reporting organization. The rating, which is based on several performance factors, indicates a company’s soundness, financial stability, and ability to meet ongoing insurance obligations.

On May 16, 2022, the Minnesota Independent Insurance Agents and Brokers Association (MIIAB) awarded North Star Mutual with their 2022 Company Award of Excellence. This prestigious award is presented annually to an insurance carrier selected by the MIIAB Board of Directors and supporting member agencies in recognition of excellent support and dedication to the independent […]

Each year we are so grateful to support United Way of Southwest Minnesota and their efforts to strengthen our local communities. This year, employees contributed $33,249.49 through payroll pledges, donations, and special events. North Star Mutual Insurance Company made an additional investment of $33,993.49 for a total campaign of $67,242.98. Together, we can make a […]

Year-end 2021 marks two significant milestones for North Star Mutual Insurance Company. The company has a new record in written premium, surpassing $500 Million. North Star also recorded assets over $1 Billion for the first time in it’s 100 year history. The company now serves over 365,000 policyholders across the states of Minnesota, Iowa, North Dakota, […]

Karen Meyer, of Wheaton, IL, was appointed to North Star Mutual Insurance Company’s board of directors in October 2021. Meyer is newly retired from General Reinsurance Corporation, where she worked for almost 32 years, most recently as a treaty account executive and SVP on Gen Re’s Mutual Practice team. In addition to managing all lines […]