Outlooks Revised to Stable for Farm Bureau of Idaho Group Members April 5, 2021
AM Best has revised outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Farm Bureau Mutual Insurance Co. of Idaho and its \ subsidiary, Western Community Insurance Co.
The companies, collectively referred to as Farm Bureau of Idaho Group, are domiciled in Pocatello, Idaho.
The ratings reflect Farm Bureau of Idaho’s balance sheet strength, which AM Best assessed as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.