In its first year of eligibility, Nodak Mutual Insurance Company has been recognized as one of the top 50 performing insurance companies by Ward Group, a leading provider of benchmarking and best practices services to the insurance industry.

Ward Group annually analyzes over 3,000 property/casualty insurance companies domiciled in the United States. Each of Ward's 50® companies have passed all safety and consistency screens and achieved superior performance over the five years analyzed.

"This award is an honor and significant accomplishment for Nodak Mutual Insurance Company," says Executive Vice President and CEO Jim Alexander. "To be recognized as a top 50 company in the United States highlights the hard work and dedication our employees and agents have to Nodak Mutual."

The primary objective of the Ward's 50® is to compare their performance as a group with the rest of the property and casualty insurance industry. Alexander says this recognition solidifies Nodak Mutual Insurance Company's place as an insurance leader not only in the state - but the nation.

"This confirms what we know, that Nodak Mutual Insurance Company is a financially strong, efficient company that has outperformed more than 99 percent of the other companies in the country," Alexander says.

Nodak Mutual, rated A- (Excellent) by A.M. Best, is the largest domestic property/casualty insurer in the state of North Dakota. It has a statewide force of over 70 agents and serves more than 27,000 North Dakota policyholders.