In April, A.M. Best Company, the most widely recognized provider of insurance-industry ratings and financial data, confirmed its A+ rating for Federated Mutual Group and Federated Life. Federated Mutual Group includes Federated Mutual Insurance Company, Federated Service Insurance Company, Federated Reserve Insurance Company, and Granite Re Inc. Federated Mutual Group has maintained this rating for the past 27 years. Federated Life has maintained this rating for the past 45 years.
A.M. Best also assigned Federated Specialty Insurance Company an A rating. Federated Specialty is a specialty insurer focused on U.S. excess- and surplus-lines accounts. Federated Specialty Insurance Company has maintained this same rating since its inception.
Finally, A.M. Best assigned Federated a positive outlook for its Long-Term Issuer Credit Ratings, driven by a group’s sustained trend of favorable underwriting and overall operating results. federatedinsurance.com