Federated Mutual Insurance Company and Federated Life Insurance Company are rated A+ (Superior) by A.M. Best Company.
A.M. Best Company is the oldest insurance rating service and has been rating companies since 1906. It is devoted to issuing in-depth reports and financial-strength ratings about insurance organizations.
Best’s rating evaluation is based on financial strength, business profile, and operating performance. Only seven percent of commercial property and casualty insurers receive a Superior rating from A.M. Best Company. For the latest rating, access www.ambest.com.
According to A.M. Best:
“…positive rating factors are driven by management’s expertise within targeted niche industries and in providing a variety of services to its policyholders, including extensive loss control, whole account management, tailored insurance products, and the facilitation of estate and business succession planning.”
Federated Life Insurance Company is proud to announce that once again it has earned an “A” (“Excellent”) rating for financial strength from Weiss Ratings, the nation’s leading independent provider of ratings and analyses of financial services companies, mutual funds, and stocks. Less than two percent of the nation’s life and health insurers meet Weiss Ratings’ criteria for exceptional financial strength.
Melissa Gannon, Vice President of Weiss Ratings, wrote, “This rating recognizes Federated Life Insurance Company as an outstanding insurer, offering excellent financial stability for its customers, vendors, and employees.”
Annually, Ward Group analyzes the financial performance of nearly 3,000 property-casualty insurance companies and nearly 800 life-health insurance companies and identifies the top performers in each segment. Federated Insurance has been named a Ward's 50 company for both property and casualty and life-health.