AM Best Revises Outlooks to Negative for Members of Southern Farm Bureau Casualty Group
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of Colorado Farm Bureau Insurance Company (Colorado Farm Bureau) (Ridgeland, MS), Southern Farm Bureau Casualty Insurance Company (Ridgeland, MS) and Louisiana Farm Bureau Casualty Insurance Company (Baton Rouge, LA), and Mississippi Farm Bureau Casualty Insurance Company (Jackson, MI).
- AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of Colorado Farm Bureau Insurance Company (Colorado Farm Bureau) (Ridgeland, MS), Southern Farm Bureau Casualty Insurance Company (Ridgeland, MS) and Louisiana Farm Bureau Casualty Insurance Company (Baton Rouge, LA), and Mississippi Farm Bureau Casualty Insurance Company (Jackson, MI).
- These companies are collectively referred to as Southern Farm Bureau.
- The Credit Ratings (ratings) reflect Southern Farm Bureaus balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
- AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.