Harford Mutual Insurance Group has been named to the Ward’s 50 ® list of top-performing property-casualty insurance companies for 2021. The company was recognized for outstanding financial results in the areas of safety, consistency, and performance over a consecutive five-year period.
“This is an incredible achievement, recognizing our outstanding financial results over the most recent five-year period, highlighted by 2019 and 2020 representing the best years in our storied 178-year history,” said Steven Linkous, President and CEO of Harford Mutual Insurance Group. “The culmination of our results and joining this most elite group are products of an amazing team, wonderful agency partners, and a steadfast Board of Directors executing a strategic vision grounded upon the principles of mutuality.”
Every year, Ward Group, a consulting firm specializing in the insurance industry and a leading provider of industry benchmarking, analyzes the financial performance of nearly 3,000 property-casualty insurers and identifies the top 50 in the United States.
Each company named has passed all safety and consistency tests and achieved superior performance over the five years analyzed. The Ward’s 50 top performers were able to grow revenue, stay profitable, and strengthen surplus position at a greater rate than the total industry.
For further details and a complete list of the 2021 Ward’s 50® companies, visit Ward’s 50 Property-Casualty Companies (aon.com).
About Harford Mutual Insurance Group
Harford Mutual Insurance Group, founded in 1842 in Harford County, Maryland, provides commercial property and casualty insurance products and services to a regional market. The company ended 2020 with over $261 million in direct written premium sold through nearly 500 independent agents in Delaware, Maryland, New Jersey, Pennsylvania, North Carolina, South Carolina, Georgia, Tennessee, Virginia, and Washington DC. Harford Mutual contributed more than $1 million dollars in community support in 2020. Harford Mutual is rated A (Excellent) by A.M. Best, the leading credit rating organization dedicated to serving the global insurance industry. For more information, visit www.HarfordMutual.com.