Dryden Mutual’s financial data goes on public record with three organizations. One is the oldest private public financial rating company in the United States. The others are public organizations charged with monitoring insurance activities in New York State.
New York State Department of Financial Services
Superintendent of Insurance
One State Street
New York, NY 10004-1511
National Association of Insurance Commissioners (NAIC)
2301 McGee Street
Kansas City, MO 64108-2604
A.M. Best & Company
Oldwick, NJ 08858
Dryden Mutual’s insurance operation is periodically audited by the New York State Insurance Department, and all such audits become a matter of public record. Policyholder premiums are required by law to fund these audits and the overall operations of the New York State Insurance Department. In addition, Dryden Mutual pays private auditing firms to perform annual statutory audits. These firms are among the top public auditing firms with insurance practices in upstate New York. All annual statutory audit reports are submitted to the board of directors as well as to the three public and private monitoring organizations listed above.