Um Best has revised the approach to being negative to stable and A (best) financial power rating (FSR) and long -term credit ratings (long -term ICR) “A” (best) Southern Farm Bureau Castry Insurance Company, Colorado Farm Bureau Insurance Company (Colorado Farm), Colorado Farm Bureau, Bureau of Farm). LA) and Mississippi Farm Bureau accident insurance company (Jackson, MS).
In addition, M. Best has removed from positive implications and the FSR has been upgraded to the Bureau of Insurance Company (Regland, MS) from the long -term ICR and the Arkansas Farm Bureau of Insurance Company (BBB “(fair) in” A “(best), which has been regularly dissolved. These companies are collectively called the Southern Farm Bureau accidental group.
The rating reflects the strength of the balance sheet of the Southern Farm Bureau, which is very strong as the best, as well as its proper operating performance, neutral business profile and proper enterprise risk management.
AM BEST said the revised ideas reflect the better operating performance of the South Farm Bureau during 2024, and the annual date continued until 2025. During this five -year period, the consequences were fluctuated, which were primarily driven by inappropriate trends in the auto market, and increased the increased destruction activity and adjusted to the cortia under its influence.
M -Best said these measures improved the rate and improved the risks, which stopped underwriting profits and a joint proportion of 95.9 % in 2024.
Despite the losses due to weather events, this trend of profit continued from the year from 2025 to the year, showing that the results of the South Farm Bureau are aligning with the diagnosis of its proper operating performance.
The Arkansas Form Bureau Insurance Company ranks upgrade for the Southern Farm Bureau Accidental Insurance Company (Southern Cross) reflects its 100 % insurance quota share contract, which was successfully implemented on August 1, 2025. On the same date, Form Bureau’s Insurance Company, Form Bureau’s Insurance Company, Insurance Company, Insurance Company’s Farm Bureau Mutual Insurance Company, in which the Arcost Company, was replaced, and changed. And the southern accident bought the whole reservoir of this newly formed company.
The Arkansas Farm Bureau is now a full -fledged subsidiary of the southern accident, and 100 % seeds for all premiums, losses and southern accident costs. The Arkansas Form Bureau’s This, the ability to achieve cost savings by distributing and centralizing operational functions from this transaction and the Significant of the Southern Farm Bureau, is better compatible with its overall strategic goals and goals, as well as a major policy holders.
Source: am the best
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