July 19, 2006
Western National Named to 2006 Ward's Top 50 Benchmark Group of Property/Casualty Insurance Companies
Western National Insurance Group has been named to the 2006 Ward's 50 group of top performing property/casualty companies in the United States. This recognizes Western National for achieving outstanding financial results in the areas of safety, consistency and performance over a five year period (2001 - 2005). This is the second consecutive year that the company has been named to the list of top performers.
The Ward Group, a management consulting firm specializing in the insurance industry, annually reviews the financial performance of over 3,000 Property/Casualty insurance companies, selecting the top 50 performers. This group of 50 companies is referred to as " Ward's 50 Benchmark Group" for the year.
"Our focus is on the business fundamentals of fair price, top notch customer service, and building and maintaining great relationships, " said President & CEO, Stu Henderson. "It is gratifying to see that this approach can result in such superior financial performance. We are very proud of the achievements of our employees and business partners, and thank them for their service to our policyholders."
Western National Insurance Group consists of five regional Property and Casualty Insurance companies with annual direct written premium in excess of $240 million and total assets of over $450 million. Western National Mutual Insurance Company (with headquarters in Edina, Minnesota) currently offers insurance products in Minnesota, South Dakota, North Dakota, Iowa, and Wisconsin. Western National Assurance Company (with offices in Seattle, Washington) currently offers insurance products in the states of Washington and Oregon. Farmer's Home Mutual Insurance Company and Western Home Insurance Company are also based in Edina, and write personal lines in Minnesota, Washington, Nevada and Utah. All of the companies distribute their insurance products solely via the Independent Agency system.
For further information, contact:
Mary S. Manley
SVP Corporate Affairs & Administration