24.06.2016, 17:08
A.M. Best Upgrades Ratings of State Farm Fire & Casualty
OREANDA-NEWS. A.M. Best has upgraded the financial strength rating (FSR) to A++ (Superior) from A+ (Superior) and the issuer credit rating (ICR) to “aa+” from “aa-” of State Farm Fire and Casualty Company (State Farm F&C). The outlook for the ICR has been revised to stable from positive while the outlook for the FSR remains stable. In addition, A.M. Best has affirmed the FSRs of A++ (Superior) and the ICRs of “aa+” of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliate, State Farm County Mutual Insurance Company of Texas (domiciled Dallas, TX); the FSR of A (Excellent) and the ICR of “a+” have been affirmed for State Farm General Insurance Company; the FSR of A- (Excellent) and the ICR of “a-” have been affirmed for State Farm Indemnity Company; the FSR of B++ (Good) and the ICR of “bbb+” have been affirmed for State Farm Lloyds (Dallas, TX) and the FSR of A (Excellent) and the ICR of “a” have been affirmed for Dover Bay Specialty Insurance Company. All companies are headquartered in Bloomington, IL, except where specified. The outlook for each of these ratings is stable.
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