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Company news

Letter from the President

Customers who are treated right tend to stick around for more, and we strive every day to make sure our partners have the best possible experience with SFM.

SFM Foundation and Maguire Agency send care packages to scholarship recipients

The SFM Foundation and Maguire Agency recently sent 13 finals week care packages to SFM Foundation scholarship recipients as part of a recent effort to increase student engagement and outreach.

SFM releases 2020 annual review

SFM’s 2020 financial results illustrate a trend of positive outcomes for the company and the policyholders we serve.

SFM promotes Allen to new business development position

SFM has promoted Cody Allen to a newly established Business Development Specialist role. This position will focus on growth in existing business areas and new market opportunities.

AM Best reaffirms SFM’s Financial Strength Rating of A- (Excellent)

SFM is pleased to announce that its Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” have been reaffirmed by AM Best Rating Services, Inc.

SFM Foundation to host annual golf fundraisers in Minnesota, Iowa

SFM Foundation will be hosting their annual golf fundraisers in Minnesota and Iowa in June 2021. Register to attend or sponsor the events.

SFM Foundation scholarship applications accepted until March 31

SFM Foundation will be accepting scholarship applications for the 2021-2022 academic year until March 31, 2021.

SFM Foundation featured on KARE 11

SFM Foundation was featured on Kare11's "Communities that Kare" segment, showcasing the impact scholarships have made on families.

Minnesota, Iowa governors proclaim Nov. 9-13 Kids' Chance Awareness Week

Minnesota Governor Tim Walz and Iowa Governor Kim Reynolds both proclaimed November 9-13, 2020 Kids' Chance Awareness Week. Help the SFM Foundation celebrate Kids' Chance Awareness Week by taking part in their virtual fall fundraising event the same week.

SFM Foundation virtual fall fundraising event set for November 9-13

The SFM Foundation is hosting a virtual fall fundraising event the week of November 9-13. Bid on items in their virtual silent auction. Proceeds fund SFM Foundation scholarships. Learn more at sfmfoundation.com/events.

SFM Foundation awards 2020-2021 scholarships

The SFM Foundation awarded 14 post-secondary scholarships for the 2020-2021 academic school year. The 2020 recipients will receive scholarship dollars over the course of the next four to five years, collectively totaling $250,000.

SFM leaders receive promotions, new responsibilities

SFM announced new job titles and responsibilities for several of the organization’s senior leaders.

SFM rolls out online portal for injured workers

Injured workers covered by SFM now have 24/7 digital access to their claim information through SFM’s website through a new online portal.

SFM Foundation cancels 2020 golf fundraisers

The SFM Foundation/Kids’ Chance board and many volunteers have made the difficult decision to cancel the organization’s popular golf outings for 2020 due to COVID-19. The 2021 event dates have been announced.

Star Tribune names SFM a Top Workplace for 2020

SFM ranked ninth among medium-sized employers in the Star Tribune's Top 150 Workplaces in Minnesota for 2020 based on anonymous surveys of employees.

SFM CEO message on COVID-19

Message from SFM President & CEO Terry Miller on COVID-19 and SFM's preparedness.

SFM receives Financial Strength Rating of A- (Excellent) from AM Best

SFM Mutual Insurance Co. has received a Financial Strength Rating of “A- (Excellent)” and a Long-Term Issuer Credit Rating of “a-“ from AM Best Rating Services, Inc. The rating was announced in a press release issued by A.M. Best on March 2, 2020.

Jirak named Large Accounts Leader

SFM recently promoted Ryan Jirak to Large Accounts Leader. He will replace Craig Stroinski, who is scheduled to retire in April 2020.

SFM supports over 75 charities within the last year

SFM supported more than 75 community organizations in 2019 through direct donations, sponsorships and employee matches.

SFM Foundation golf outing named top local charity tournament

SFM Foundation's Golfing for Scholarships event ranks #8 of top 25 metro-area golf tournaments in 2019 as published in the Minneapolis/St. Paul Business Journal.

Minnesota, Iowa governors proclaim Nov. 11-17 Kids' Chance Awareness Week

Minnesota Governor Tim Walz and Iowa Governor Kim Reynolds both proclaimed Novemeber 11-17, 2019 Kids' Chance Awareness Week.

SFM wins Hennepin County wellness award

SFM recently received the 2018-2019 Wellness by Design Award from Hennepin County for their commitment to employee wellness.

SFM Foundation fall fundraising event raises record amount

SFM Foundation's 2019 fall fundraising event grossed over $41,000 for its scholarship fund, a new record for the organization's fall event. 

SFM Foundation to hold fall fundraising event

The SFM Foundation is pleased to announce its fall fundraiser November 7. The event will feature wine tasting, craft beer samples and appetizers — along with a silent auction, raffles and light shopping. All money raised supports the Foundation’s scholarship program for families whose lives have been impacted by workplace accidents.

SFM Foundation's golf tournaments raise nearly $300,000

Now in its eleventh consecutive year, SFM Foundation's Golfing for Scholarships events raised nearly $300,000 for the Foundation's scholarship fund.

SFM recognized as breastfeeding supportive employer

SFM was recently recognized by the City of Bloomington as one of eight local employers who are supportive of breastfeeding mothers. 

CEO Terry Miller featured in Demotech Difference magazine

An interview with SFM President and CEO Terry Miller was featured in the Summer 2019 edition of the Demotech Difference magazine.

Apple Valley eSTEM students complete SFM internships

Two Apple Valley High School eSTEM participants recently completed summer internships at SFM.

SFM licensed in four additional states

SFM is now licensed in the states of Pennsylvania, Kentucky, Utah and Idaho, bringing our coverage territory to 22 states.

SFM Foundation announces leadership changes

The SFM Foundation’s Board of Directors announced that Linda Williams would be the new President and Lindsay Henningsgaard would be the new Executive Director of the charitable organization.

Kathy Bray announced as SFM’s VP and General Counsel

SFM Mutual Insurance Co. has named Kathy Bray as its new Vice President and General Counsel. This appointment went into effect on April 29.

SFM gives to over 50 charities within the last year

We donate to many charities throughout the year in the communities where our employees live and our policyholders do business. Last year we gave to over 50 organizations.

Chad Hagedorn announced as SFM’s CIO

SFM has named Chad Hagedorn as its new Chief Information Officer. This appointment went into effect on March 1.

David Kaiser announced as SFM’s COO

SFM has named David Kaiser to the position of Chief Operating Officer and Senior Vice President.

Goodrich named CompRehab President and Chief Operating Officer

SFM selected Stacie Goodrich to lead its vocational rehabilitation subsidiary, CompRehab, to replace longtime President and COO Tim Collin.

SFM Foundation launches new website

The SFM Foundation released an enhanced version of its website. The new site offers a fresh design featuring photos of scholarship recipients and their families, provides an improved mobile experience, illustrates the Foundation’s mission, and showcases the impact it has made in the last 10 years.

SFM Board names Miller President and Chief Executive Officer

The SFM Mutual Insurance Co. Board of Directors has named Terry Miller President and Chief Executive Officer of the organization. Miller succeeds long-time CEO Bob Lund, who concludes a remarkable 12 year tenure as SFM's leader.

SFM Foundation becomes a Kids’ Chance affiliate

SFM Foundation is now an affiliate in Minnesota and Iowa of Kids' Chance of America, a national nonprofit organization that shares the Foundation's mission of making college attainable for the children of injured workers.

Star Tribune names SFM a Top Workplace for 2015

SFM ranked fourth among medium-sized employers in the Star Tribune's Top 150 Workplaces in Minnesota for 2015.

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