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    Home ยป AM Best Affirms Credit Rating of FCCI Insurance Company
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    AM Best Affirms Credit Rating of FCCI Insurance Company

    insurancejournalnewsBy insurancejournalnewsJune 16, 2025No Comments2 Mins Read
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    AM Best Affirms Credit Rating of FCCI Insurance Company

    SARASOTA, Fla., June 16, 2025 – AM Best has affirmed the Financial Strength Rating of A (Excellent) for FCCI Insurance Company and its subsidiary insurers within FCCI Insurance Group (FCCI). The stable outlook assigned to this Credit Rating reflects FCCI’s strong balance sheet, operating performance, and effective enterprise risk management.

    “We are pleased that AM Best continues to recognize our financial strength and commitment to long-term stability,” said Cina Welch, President & CEO of FCCI Insurance Group. “This rating reinforces our ability to deliver on the promises we make to our policyholders, agents, and partners.”

    FCCI Insurance Group includes insurer subsidiaries Brierfield Insurance Company, FCCI Specialty Insurance Company, Monroe Guaranty Insurance Company, and National Trust Insurance Company. As part of a planned wind down, FCCI Commercial Insurance Company and FCCI Advantage Insurance Company surrendered their Florida certificates of authority and are no longer part of the AM Best rating process. Their business was fully absorbed within FCCI Insurance Group’s other admitted carriers years ago, with no disruption to agency partners, claimants, and policyholders.

    About AM Best

    AM Best is a global credit rating agency specializing in the insurance industry. Headquartered in the United States, the company operates in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City.

    About FCCI

    FCCI Insurance Group provides commercial property and casualty insurance, risk control services, and surety bonds through more than 3,800 independent agents across 20 states and Washington, D.C. The company insures over 12,000 policyholders across various industries and has $3.3 billion in assets and $1.2 billion in direct written premium.

    FCCI holds an A (Excellent) rating from A.M. Best Company and maintains regional and branch offices in Florida, Georgia, Indiana, Mississippi, Texas, and Virginia.

    AM Best financial rating insurance
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