Farmers of Salem News

Farmers of Salem in New Jersey Appoints Doherty as New CEO

Farmers Mutual Fire Insurance Company of Salem County (Farmers of Salem) in New Jersey appointed James R. Doherty to succeed Kent W. Jones as president and chief executive officer effective July 7,2014.

Ratings Roundup: Park, Farmers of Salem, Auto-Owners, DTRIC

A.M. Best Co. has downgraded the financial strength rating to ‘C++’ (Marginal) from ‘B-‘ (Fair) and issuer credit rating to “b” from “bb-” of New York’s Park Insurance Company, and has assigned a negative outlook to the ratings. Best said …