AM Best Affirms A- (Excellent) Rating

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

Be Cool, Support Tools for School!

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.

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