Demotech Upgrades the Financial Stability Rating® Assigned to Upland Mutual Insurance, Inc.

Columbus, Ohio, January 10, 2022: The Financial Stability Rating® (FSR) assigned to Upland Mutual Insurance, Inc. has been upgraded to A’ (A Prime), Unsurpassed, by 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 Upland Mutual Insurance, Inc.

Upland Mutual Insurance, Inc. was established in 1896 to provide Fire and Lightning Insurance to local farmers in the community of Upland, Kansas.  Today their products are distributed through more than 165 Independent Insurance Agencies and include Private Passenger Auto, Homeowner, Mobile Homeowner, Farmowner, Dwelling Fire and Farm Property.  Upland Mutual’s mission is to provide cost-effective financial security and exceptional customer service to traditional and niche Kansas markets.  Visit for more information.

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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