State Farm Auto Gets ‘AAA’

Duff & Phelps Credit Rating Co. (DCR) assigned an initial claims paying ability rating of “AAA” to State Farm Mutual Automobile Insurance Company (State Farm Auto). The rating outlook is stable. The rating reflects the superior market share, strong capitalization, superior expense structure and commitment to loss reserve adequacy of the State Farm Group (State Farm), of which State Farm Auto is the parent organization.

Topics Auto