CUNA Mutual Group said financial ratings agency A.M. Best has affirmed its financial strength rating at “A” and has returned the company’s outlook to stable.
The “A” or “Excellent” rating applies to the principal companies of CUNA Mutual – CUNA Mutual Insurance Society, a life and health insurer, and CUMIS Insurance Society Inc., a property and casualty subsidiary.
A.M. Best also affirmed the “A-‘’ (Excellent) financial strength ratings of Producers Agriculture Insurance Co. and Producers Lloyds Insurance Co. with a stable outlook. A.M. Best noted ProAg’s historical operating profitability and strong agency relations in affirming these ratings, according to CUNA Mutual.
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