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Company NewsSFM ranks No. 1 in response on claims BLOOMINGTON, Minn., January 18, 2012— For the 13th consecutive year, SFM ranked No. 1 among large insurers for prompt action on lost-time claims, according to the Minnesota Department of Labor and Industry's recently released Prompt First Action Report for the 12-month period ending June 30, 2011. SFM, which handled 1,888 lost-time claims during the 12-month period, ranked No. 1 in prompt action among Minnesota insurers with more than 1,000 claims. The annual state report tracks insurers' timeliness in paying or denying lost-time claims within the statutory 14-day period starting from the employer's knowledge of the injury. SFM's high performance reflects its responsiveness on claims from when they are reported to their resolution, ultimately helping control claim costs.
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