AM Best Revises Outlooks to Stable for American Federated Life Insurance Company; Affirms Credit Ratings of American Federated Insurance Company
Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” (Fair) of American Federated Insurance Company (AFIC).
- Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” (Fair) of American Federated Insurance Company (AFIC).
- Both companies are known collectively as American Federated Insurance Companies and are domiciled in Flowood, MS.
- The ratings also reflect drag from the parent holding company, First Tower Finance Company LLC (First Tower Finance).
- The American Federated Insurance Companies are indirect, wholly owned subsidiaries of First Tower Finance, a multiline specialty finance company.