A.M. Best® Favorably Rates Federated Mutual Group and Federated Life Insurance

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A.M. Best Company, the most widely recognized provider of insurance industry ratings and financial data, confirmed its A+ (Superior) rating for Federated Mutual Group and for Federated Life® in April 2025. The companies within Federated Mutual Group include Federated Mutual Insurance Company, Federated Service Insurance Company, Federated Reserve Insurance Company, and Granite Re, Inc. Federated Mutual Group has maintained this rating for the last 27 years. Federated Life has maintained this rating for the last 45 years. 

A.M. Best also assigned Federated Specialty Insurance Company an A (Excellent) rating in April 2025. Federated Specialty is a specialty insurer focusing on U.S. excess and surplus lines accounts. These ratings reflect Federated Specialty’s strategic importance to its parent company, along with its common ownership and management, and the implicit and explicit support provided to Federated Specialty by Federated Mutual®. Federated Specialty Insurance Company has maintained this rating since its inception.  

In addition, A.M. Best assigned Federated a positive outlook for the Long-Term Issuer Credit Ratings (Long-Term ICR), which is driven by a group’s sustained trend of favorable underwriting and overall operating results. 

A.M. Best Company assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Their credit ratings are independent, indicative and interactive, and summarize their opinion on an insurance company’s ability to pay claims, debts, and other financial obligations in a timely manner.  

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About Federated Insurance 

Founded in 1904, Federated Insurance is a national insurance and risk management organization that serves the property, casualty, and life insurance needs of clients in select industries. The organization has more than 500 recommendations from local, state, regional, and national associations and buying groups.