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AM Best Affirms Ratings for Indiana Farm Bureau Insurance Companies
Jul 24, 2024, 16:20 PM
by
Sam Kambol
AM Best, a global credit rating agency that specializes in the insurance industry, has released its rating analysis of United Farm Family Mutual Insurance Company (UFFM) and United Home Life Insurance Company (UHL). Both companies comprise the Indiana Farm Bureau Group and are domiciled in Indianapolis.
INDIANAPOLIS— AM Best, a global credit rating agency that specializes in the insurance industry, has released its rating analysis of United Farm Family Mutual Insurance Company (UFFM) and United Home Life Insurance Company (UHL). Both companies comprise the Indiana Farm Bureau Group and are domiciled in Indianapolis
AM Best affirmed the financial strength rating of the company’s property and casualty (P&C) company, United Farm Family Mutual Insurance Company (UFFM), as A (Excellent) with a stable outlook for the fourth year in a row.
Additionally, AM Best ‘s financial strength rating for United Home Life Insurance Company (UHL) is rated A (Excellent) with a stable outlook.
"We are pleased that AM Best has affirmed the excellent ratings for our group of companies," said CEO Kevin Murphy. "These affirmations reflect our unwavering commitment to financial strength and stability, which allows us to deliver on our promises to our policyholders."
About Indiana Farm Bureau Insurance:
Indiana Farm Bureau Insurance has served Hoosiers for nearly 90 years. Organized in 1934 by Indiana Farm Bureau, Inc., the company has grown to include insurance products for auto, life, home, business and farm. Health plan benefits, banking and other financial services and products are also available through its local offices and online at www.infarmbureau.com. With a home office in downtown Indianapolis and local offices in all 92 counties, Indiana Farm Bureau Insurance serves Hoosiers with more than 400 agents and approximately 1,200 employees living and working throughout the state. The company is a leader in auto and homeowners insurance and the largest writer of farm insurance in the state.
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