Flemington, NJ, June 22, 2018 --(PR.com
)-- “AM Best completed their annual review of our operations and we are pleased they have recognized us with an upgraded Issuer Credit Rating,” said Scott St. Angel, President and CEO. “Our Financial Strength rating was recently upgraded in 2015 and this additional upgrade further underscores the success of our efforts to enhance our financial security for the benefit of our Policyholders. We look forward to continuing our tradition of providing quality insurance products, unparalleled customer service and security that our Policyholders can count on, as they have for over 160 years.”
A Best’s Issuer Credit Rating (ICR) is an independent opinion of an entity’s ability to meet its ongoing financial obligations. The rating is based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.
About Farmers Insurance Company of Flemington
Farmers Insurance Company of Flemington is a full service Mutual property and casualty insurance company focused exclusively on the New Jersey market. Established in 1856, Farmers of Flemington markets its personal and commercial insurance products through a network of professional Independent Insurance Agents who provide service, advice and advocacy to its Policyholders. The Company is rated B++ (Secure) by the A.M. Best Company. More information is available on the company’s website at www.farmersofflemington.com.
About Mutual Insurance:
Mutual companies are unique because they are established to serve the insurance needs of Policyholders without also having to produce investment returns for stockholders. The Policyholder – often referred to as a “member” – is the sole focus of a mutual insurance company.