BUCYRUS, OH – Insurance rating organization A.M. Best has issued its annual rating of Ohio Mutual’s financial strength, reaffirming the company’s financial strength rating (FSR) of “A” (Excellent) for the 28th consecutive year.
The ratings include the three companies that represent Ohio Mutual’s intercompany pool: Ohio-domiciled Ohio Mutual Insurance Company, its wholly owned subsidiary United Ohio Insurance Company, and Maine-domiciled Casco Indemnity Company.
“We are pleased to continue our strong ratings streak with A.M. Best for a 28th consecutive year, which comes right on the heels of our seventh year of recognition on the Ward’s 50,” said Ohio Mutual President & CEO Mark C. Russell. “These two independent confirmations of our operational and financial strength are a testament to the collective efforts of our board of directors, independent agent partners, business partners, associates, and our loyal policyholders.”
In its rating rationale, A.M. Best cited Ohio Mutual’s strong balance sheet, favorable underwriting results, long-standing agency relationships, innovation, and stable outlook.
Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. More information is available at www.ambest.com.
Ohio Mutual Insurance Group, founded in 1901 and based in Bucyrus, OH, partners with morethan 400 independent agencies to distribute quality property and casualty insurance products throughout Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island, and Vermont. Ohio Mutual has maintained a rating of “A / Stable” from A.M. Best Co. for 28 consecutive
years, and has been named to the Ward’s 50 seven times since 2009. Additional company information is available at www.omig.com.