North Star Mutual

Pete Hellie, CPCU, AINS

Pete Hellie, CPCU, AINS

North Star Mutual President & CEO

Company Head Quarters
Cottonwood, Minnesota


A.M. Best Rating
“A+” (Superior)

“A Personable Company Keeping You on Course”

North Star Mutual is a Minnesota based regional insurance carrier specializing in Farm, Home, Auto and Small Business insurance. The company, formed in 1920, writes approximately $585 million in premium and insures over 375,000 policyholders across eight states. All business is written through a network of more than 2,000 independent agency partners located throughout the operating territory.

“North Star Mutual uses the Independent Agent exclusively in our distribution system,” said Pete Hellie, President. “We highly value these partnerships with our agents. They play an important role in serving as the risk management consultant for their customers and initial frontline underwriters for North Star.”

Uniquely located in the small farming community of Cottonwood, North Star prides itself on its rural values and personable service. The company is the top Farm writer in Minnesota, working in partnership with township mutuals across the state. North Star has been a recognized leader in the agricultural insurance market and has had a historic emphasis on insuring farm and rural properties in the Upper Midwest.

The company passed two major milestones recently – $500 million in written premium and $1 billion in assets. “We want to thank our agents for continued trust and support of North Star Mutual,” said Hellie, “we are very blessed to be in this strong financial position. I also must mention our staff and their dedication. I am very proud of our team and their continued resilience.” North Star has resumed working on-site at their corporate office and plans to continue to hold in-person agents meetings and advisory councils to stay current on issues important to agents.

North Star is proud of its financial stability and strong commitment to serving agents and policyholders. The company is rated A+ Superior by A.M. Best and in 2022, was selected as a Wards Top 50 Property/Casualty Insurance Company for the 18th consecutive year. North Star looks forward to working closely with its agency partners and the Minnesota Big I in the years to come.