As a mutual insurance company, State Mutual does not have stockholders. The company is owned by and run for the benefit of its policyholders. The Company has assets in excess of $267 million, of which $29 million are surplus.
Standard Analytical Services, Inc.
Standard Analytical Services, Inc., an independent industry analyst, gives State Mutual a favorable comparison to the industry's leading twenty-five insurance companies as determined by asset size. The comparison is in the report below:
Download the 2018 report from Standard Analytical Service, Inc. here.