AM Best Affirms A-, Excellent Financial Strength Rating of Farmers Insurance Company of Flemington
Flemington, NJ, September 12, 2023 — Farmers Insurance Company of Flemington announced today that its Financial Strength Rating (FSR) of A- Excellent has been affirmed by AM Best Rating Services, the world’s oldest and most authoritative insurance rating and information source. The company’s Issuer Credit Rating (ICR) of a-, Excellent was also affirmed and the outlook for both ratings is Stable.
“We are pleased we were able to maintain our A- Excellent rating in the face of a very challenging economy marked by record inflation and rising reinsurance costs,” said Scott St. Angel, President & CEO of Farmers. “As a Mutual company our only focus is protecting and serving the interests of our Policyholders. The affirmation of our rating assures our Policyholders that we will be there when they need us — just as we have been since 1856.”
A Best’s Financial Strength Rating (FSR) is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. The AM Best rating is assigned after a comprehensive review and analysis of the company’s balance sheet, operating performance, business profile and enterprise risk management capabilities.
About Farmers Insurance Company of Flemington
Founded in 1856, Farmers of Flemington is among the oldest and most reliable, and most respected insurance companies in New Jersey. With over 165 years of experience and an A-, Excellent financial strength rating from AM Best, our Policyholders can count on Farmers of Flemington to be there when they need us. For more information, visit us online at www.farmersofflemington.com
The Annual United Way Tools for School Drive is Underway!
Farmers Insurance Company of Flemington is collecting school supplies and donations to support Tools for School and provide needed assistance to children in Hunterdon County that could not otherwise afford these essential supplies. Last year, the United Way of Hunterdon County helped 800+ students from pre-K through 12th grade by providing school supplies and backpacks to help them start the school year with the tools they need to succeed.
In addition to donating backpacks and other supplies, we have set up a collection bin in our office at 23 Royal Road, Flemington where generous doners can drop off supplies M-F 8am – 4pm. We hope you will consider donating supplies to help the kids who need it most in our local community.
A list of the items that are needed is available here. Thank you!!
For more information about Tools for School, click here.
About Farmers of Flemington
Farmers Insurance Company of Flemington is a Mutual Property and Casualty insurance company that has been protecting New Jersey homes and businesses while supporting our community since 1856. The company writes a broad line of quality insurance products, has a 99% claims satisfaction rating, and is rated A-, Excellent by AM Best. More information is available on Farmers’ website at www.farmersofflemington.com.
The Drew McLachlan Memorial Fund is hosting its 4th annual golf outing fundraiser on August 21, 2023 at the Raritan Valley Country Club. Having donated over $100,000 to causes including: Overlook Cancer Center, Somerville High School Scholarships, Somerset County YMCA, and Somerville Recreation Programs, the Fund is dedicated to helping the talented thrive and the cancer fighters survive.
Farmers of Flemington is pleased to return as a sponsor this year and we encourage everyone in the community to help support The Drew McLachlan Memorial Fund by signing up for the outing or making a donation. To sign up for a foursome or request sponsorship information, please visit www.birdease.com/thedrewfund.
To learn more, visit: https://www.facebook.com/drewfund/
About Farmers of Flemington
Farmers Insurance Company of Flemington is a Mutual Property and Casualty insurance company that has been protecting New Jersey homes and businesses while supporting our community since 1856. We offer quality personal and commercial insurance products backed by our 99% claims satisfaction rating and an A-, Excellent financial strength rating from AM Best. More information is available on our website at www.farmersofflemington.com.
The Clinton Elks Lodge will be holding their 19th Annual Music Fest on Saturday, June 10, 2023 to raise money for special needs children and Elks’ Camp Moore “Miracle on the Mountain,” a camp paid for by the NJ Elks Lodges. Farmers Insurance Company of Flemington is very pleased to sponsor this fun community event.
Camp Moore gives the children a sense of independence; all children get a one-on-one counselor for the week, who has special training in their disabilities. The counselors come from all over the world and spend their summers at the camp. The kids can enjoy the arts & crafts room, nature and game rooms, outdoor pool, picnics and many more activities.
Please come out and support the Elks while you enjoy a fun afternoon of great music, food and drink! We hope to see you there!!
To learn more about Music Fest, click here to visit the event page on Facebook.
About the Clinton Elks Lodge
The Clinton Elks Lodge 2434 (On Sidney Road Rt 617 in Pittstown) is open to the public. We hold events to raise money for Special Needs Children and Disabled Veterans throughout the year with the help of volunteers. For more information about the Elks, visit http://www.clintonelks.net.
About Farmers of Flemington
Founded in 1856, Farmers Insurance Company of Flemington is a Mutual Property and Casualty insurance company that has been protecting New Jersey homes and businesses while supporting our community for over 167 years. The company is rated A-, Excellent by AM Best. More information is available on the company’s website at www.farmersofflemington.com.