Grinnell Mutual named Ward's 50 company

Grinnell Mutual recognized as top 50 property and casualty insurance company

Grinnell Mutual has been recognized by Ward Group as one of its 2019 Top 50 Property and Casualty Performers for the fourth year in a row.

Ward Group analyzed the financial performance of nearly 3,000 property-casualty insurance companies based in the United States and identified the top performances based on objective data and subjective quality measures. Each company must pass primary safety and consistency tests and are measured and scored along five-year average returns on equity, assets, total revenue, growth in revenue, growth in surplus, and combined ratio.

“It is an honor for Grinnell Mutual be recognized by Ward’s as a top 50 property and casualty insurance company for the fourth consecutive year,” said Jeff Menary, president and CEO of Grinnell Mutual. “It’s a testament to the tremendous dedication and work our employees, members, and agents have put into growing our business into the strong and financially secure entity it is today.”

Ward Group is in its 29th year of conducting the analysis.