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KFB receives superior rating

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By The Staff

Kentucky Farm Bureau Mutual Insurance Co. again received A.M. Best Co.’s superior rating for its financial strength.

A.M. Best graded the insurance company at A+ for the fifth consecutive year for 2008 performance, despite declines in investment income because of weak economic conditions and $140 million in underwriting losses resulting from record payouts of $227.4 million to policyholders from damages during a year of severe winter, summer and fall storms.

Kentucky Farm Bureau ended 2008 with more than 1.2 million policies in force and $1.6 billion in assets.


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The Spencer Magnet | circulation@spencermagnet.com | 502-477-2239
P.O. Box 219, 100 W Main Street, Taylorsville, KY 40071
Office Hours are 9:00 a.m. to 5:00 p.m., Monday through Friday