Demotech Assigns Financial Stability Rating® to Otsego Mutual Fire Insurance Company

Columbus, Ohio, December 20, 2021: Otsego Mutual Fire Insurance Company has earned a Financial Stability Rating® (FSR) of A” (A Double-Prime), Unsurpassed, from Demotech, Inc.  This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Otsego Mutual Fire Insurance Company

Founded in 1897, Otsego Mutual Fire Insurance Company writes Homeowners and Dwelling Fire insurance through a base of loyal independent agents throughout New York state.  Known as a strong and stable carrier with exceptional service, the Company has been voted by Professional Insurance Agents (PIA) as New York’s Top Overall Carrier in both the 2014 and 2016 PIA Company Performance Surveys.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Visit for more information.

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