Demotech Affirms the Financial Stability Rating® Assigned to Cascade Farmers Mutual Insurance Company

Columbus, Ohio, September 27, 2021: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Cascade Farmers Mutual Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional 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 Cascade Farmers Mutual Insurance Company

Cascade Farmers Mutual Insurance Company was incorporated in 1913 as a rural county fire company in Eden, MT. Farmers and ranchers in the area couldn’t buy fire protection from other carriers and decided to self insure. As it’s surplus grew, the company expanded it’s coverage area to include all the counties that bordered Cascade County. Today, Cascade Farmers Mutual is a State Mutual and can write anywhere in Montana. No longer a fire only company, the company has a variety of policies available including Farmowners and Homeowners Replacement Cost coverages, as well as basic actual cash value policies that cover rental and seasonal homes for fire, wind, hail and vandalism. Liability coverage can be added to any of these policies to protect policyholders against lawsuits.

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.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit for additional information.

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