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AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Most of Its Subsidiaries – Benzinga

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AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX). In addition, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of HiRoad Assurance Company (HiRoad). AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” of Dover Bay Specialty Insurance Company (Dover Bay). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, FL). The outlook of these Credit Ratings (ratings) is stable. AM Best has also affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of State Farm General Insurance Company. The outlook of the FSR is stable while the outlook of the Long-Term ICR is negative. In addition, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of State Farm Indemnity Company (State Farm…



Read More: https://www.benzinga.com/pressreleases/20/08/b17086099/am-best-affirms-credit-ratings-of-state-farm-mutual-automobile-insurance-company-and-most-of-its-s

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Source: https://www.benzinga.com/pressreleases/20/08/b17086099/am-best-affirms-credit-ratings-of-state-farm-mutual-automobile-insurance-company-and-most-of-its-s

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