A.M. Best Affirms "A" Rating for 18th Consecutive Year

(?)

These ratings are given to insurance companies who not only have excellent financial stability, but demonstrate the ability to meet the contractual needs of their policyholders.

(?)

We are proud to share the news that A.M. Best has affirmed our current Financial Strength Rating (FSR) of "A" (Excellent) with a stable outlook for the 18th consecutive year!

Our "A" rating categorizes Preferred Mutual as a top performing company, and showcases our strong past and stable future. A.M. Best also affirmed our Issuer Credit Rating (ICR) of "a+", and recognized our balance sheet strength by categorizing it as "strongest".  These ratings are given to insurance companies who not only have excellent financial stability, but also are able to meet the contractual needs of their policyholders.

A.M. Best (www.ambest.com), founded in 1899, is the world’s oldest and most authoritative insurance rating and information source. This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page.

About Preferred Mutual

Preferred Mutual Insurance Company provides property and casualty insurance coverage to more than 232,000 individual and business customers through a network of over 500 independent agents throughout New York, New Jersey, Massachusetts and New Hampshire. In business since 1896, Preferred Mutual is rated “A” by A.M. Best Company and is headquartered in New Berlin, New York.