NEW BERLIN, NY (July 14, 2021) — Preferred Mutual Insurance Company’s (“Preferred Mutual”) current Financial Strength Rating (FSR) and Issuer Credit Rating (ICR) have been affirmed by A.M. Best as “A” (Excellent)
and “A+,” respectively, effective May 2021.
These ratings are given to insurance companies that have excellent financial stability and can meet the contractual needs of their policyholders. Preferred has consistently held the ‘A’ rating for 19 consecutive years.
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.
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