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.”
Federated Insurance is a Ward’s 50 Top Performer. Ward Group®, a consulting firm focused on the insurance industry, named Federated Insurance to its list of 50 top performing companies for both property-casualty and life-health. A spot on the Top 50 list is reserved for organizations that have excelled at balancing financial safety, consistency, and performance during the past five years..