SFM Mutual Insurance Co. announced today that its Financial Strength Rating of “A- (Excellent)” and Long-Term Issuer Credit Rating of “a-” have been reaffirmed by AM Best Rating Services, Inc.

The organization performed a detailed analysis of SFM’s balance sheet, operating performance, business profile, innovation initiatives and enterprise risk management. AM Best reaffirmed SFM’s standing, which has been at “A- (Excellent)” since 2020.

Before publicly disclosing the rating in April 2026, AM Best conducted an in-depth review of SFM’s finances and operations, and the organization concluded that SFM maintains the strongest level of risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR) scores.

“In our annual review with AM Best, we were thrilled to once again demonstrate how our commitment to service delivers strong financial results,” said President and CEO Terry Miller. “We consider AM Best’s assessment to be an excellent indicator of SFM’s long-term financial strength and stability.”

About AM Best

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com .