July 9, 2009
Western National Insurance Group Named a Top 50 Company
Western National Insurance Group today announced that it has been named to the 2009 Ward's 50 Benchmark Group of top performing property/casualty companies in the United States. Being named to this group recognizes Western National for achieving outstanding financial results in the areas of safety, consistency, and performance over a five-year period (2004–2008). This is the fourth time in five years that Western National has been named to this list of top performers.
"At a time when the economic news has many thinking that financial stability is the exception rather than the rule, we are pleased to have Ward Group® recognize Western National’s role as an insurance industry leader in financial strength and performance," said Stuart Henderson, president and chief executive officer. "We owe this recognition to the dedicated work of our employees, agents, and other business partners, whose commitment to serving customers with integrity continues to strengthen the financial foundation protecting our policyholders."
Ward Group®, a Cincinnati, Ohio-based consulting firm that specializes in the insurance industry, annually reviews the financial results of over 3,100 Property/Casualty insurance companies, selecting the top 50 performers. This group of 50 companies is referred to as the "Ward's 50".
Western National Insurance Group, headquartered in Edina, Minn., is a super-regional property-and-casualty insurance group writing over $245 million in Direct Premium in nine states. The group consists of three companies (Western National Mutual Insurance Company, Western National Assurance Company, and Pioneer Specialty Insurance Company) serving personal and commercial customers in Minnesota, Nevada, Oregon, South Dakota, Utah, Washington, and Wisconsin, as well as commercial customers in Iowa and North Dakota. All of the group’s products are sold exclusively through professional independent agents.
For further information, contact:
Mary S. Manley
SVP Corporate Affairs & Administration