Demotech Affirms the Financial Stability Rating® Assigned to Laundry Owners Mutual Liability Insurance Association

Columbus, Ohio, December 17, 2021: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to Laundry Owners Mutual Liability Insurance Association has been affirmed 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 Laundry Owners Mutual Liability Insurance Association

Laundry Owners Mutual Liability Insurance Association (Laundry Owners Mutual) was founded by a group of industrial laundry employers in June 1915. The Company was incorporated in December 1915, and wrote its first policy on January 1, 1916. Laundry Owners Mutual, domiciled in Pennsylvania, is the oldest carrier that writes exclusively Pennsylvania Workers’ Compensation insurance and currently writes a number of different industries. The success and longevity is a result of maintaining the very same principles that the Company was founded upon: trust, honesty and integrity. The philosophy which was built upon and around its policyholder has not changed either: to save premium dollars while supplying unparalleled personalized service to those they insure. 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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