The Main Street America Group, based in Florida, has completed the process of bringing Minnesota-domiciled insurance carrier, Austin Mutual Insurance Co., into the group as an affiliate. The transaction has been approved by the State of Minnesota Insurance Commissioner’s Office …
Super-regional property/casualty insurance carrier The Main Street America Group announced that Minnesota-based Austin Mutual Insurance Co. will affiliate with Main Street America. The affiliation agreement, which has been approved by the boards of directors of both companies, is subject to …
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B++ (Good) and issuer credit rating to “bb” from “bbb” of Austin Mutual Insurance Co. (Austin Mutual) of Maple Grove, Minn. The outlook for both ratings is …
Minnesota-based Austin Mutual Insurance Co. has promoted Kody Kirkendall to director of commercial lines underwriting. Kirkendall will continue to oversee the agribusiness division underwriting and will add Austin Mutual’s other commercial lines of business to his jurisdiction. Kirkendall joined Cooperative …
