Farm Bureau Property & Casualty Insurance Company

BestLink

AMB #: 000354 NAIC #: 13773 FEIN #: 420331872

Mailing Address
5400 University Avenue
West Des Moines, Iowa 50266-5997

United States

Web: www.fbfs.com

Phone: 515-225-5400

Fax: 515-453-3306

View Additional Address Information

Administrative Office
5400 University Avenue
West Des Moines, Iowa 50266-5997
United States

Domiciliary Address
5400 University Avenue
West Des Moines, Iowa 50266-5997
United States

AM Best Rating Unit: AMB #: 004233 - Farm Bureau Property & Casualty Group

Assigned to insurance companies that have, in our opinion, an excellent ability to meet their ongoing insurance obligations.

View additional news, reports and products for this company.

Based on AM Best's analysis, 052562 - Farm Bureau Mutual Holding Company is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure.

Best's Credit Ratings

Financial Strength View Definition

Rating (Rating Category):	A (Excellent)
Outlook (or Implication):	Negative
Action:	Affirmed
Effective Date:	August 27, 2024
Initial Rating Date:	June 30, 1946

Long-Term Issuer Credit View Definition

Rating (Rating Category):	a (Excellent)
Outlook (or Implication):	Negative
Action:	Downgraded
Effective Date:	August 27, 2024
Initial Rating Date:	April 28, 2008

Financial Size Category View Definition

Financial Size Category:

XII (USD 1.00 Billion to Less than 1.25 Billion)

u Denotes Under Review Best's Rating

Best's Credit Rating Analyst

Rating Office: A.M. Best Rating Services, Inc.

Financial Analyst II: Lauren Magro

Director: Joseph A. Burtone

Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event.

Disclosure Information

Disclosure Information Form
View AM Best's Rating Disclosure Form

Press Release
AM Best Downgrades Issuer Credit Ratings of Members of Farm Bureau Property & Casualty Group
August 27, 2024

Rating History

AM Best has provided ratings & analysis on this company since 1946.

Financial Strength Rating

Effective Date	Rating
August 27, 2024	A
August 08, 2023	A
July 28, 2022	A
July 08, 2021	A
June 23, 2020	A

Long-Term Issuer Credit Rating

Effective Date	Rating
August 27, 2024	a
August 08, 2023	a+
July 28, 2022	a+
July 08, 2021	a+
June 23, 2020	a+

Related Financial and Analytical Data

The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis.

AMB #	Company Name	Company Description
004233	Farm Bureau Property & Casualty Group (G) Rating Unit	Represents the AM Best Consolidated financials for the Property/Casualty business of this legal entity.

Best's Credit & Financial Reports

Best's Credit Report - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s) for AM Best Rating Unit: AMB #: 004233 - Farm Bureau Property & Casualty Group.

Best's Credit Report - Archive - reports which were released prior to the current Best's Credit Report.

Best's Financial Report - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Best's Financial Report - Archive - reports which were released prior to the current Best's Financial Report.

View additional news, reports and products for this company.

Press Releases

Date	Title


Aug 27, 2024	AM Best Downgrades Issuer Credit Ratings of Members of Farm Bureau Property & Casualty Group
Sep 29, 2017	A.M. Best Upgrades Issuer Credit Rating of Members of Farm Bureau Property & Casualty Group
Aug 09, 2016	A.M. Best Revises Issuer Credit Rating Outlook to Positive for Members of the Farm Bureau Property & Casualty Group
Mar 13, 2008	A.M. Best Withdraws Rating of KFB Insurance Company, Inc.
Jul 08, 2002	A.M. Best Comments on Farm Bureau Mutual's Proposed Merger with Kansas and Nebraska Farm Bureau