Bear River Mutual Insurance Company Recognized as One of the Country’s Top 50
Bear River Mutual Insurance Company was named as one of the nation’s top 50 performing insurance companies by the Ward Group in 2009. The Ward Group is an operational consulting firm and provider of benchmarking and best-practices services to the insurance industry. Bear River was the only Utah-based insurance company included on the list.
Bear River’s financial performance was evaluated over the past five years and compared with that of more than 3,100 property-casualty insurance companies. Those named to the list produced a 14.4 percent return on average equity from 2004 to 2008 compared to 9.9 percent for the property-casualty industry overall.