A.M. Best recognizes Grange for 50 years of financial strength

Posted on October 10, 2023

Columbus, OH – For more than 50 years, Grange Insurance Company has continued to be a financially strong company, according to A.M. Best, a global credit rating agency that specializes in the insurance industry. Grange was included in the annual A.M. Best’s Review ‘Standing the Test of Time’ list, which features property and casualty carriers that have maintained a Best’s Financial Strength Rating of “A” (Excellent) or higher for at least 50 years.

“We continue to build on our foundation of financial strength, even during these unprecedented times,” said Grange President and CEO John Ammendola. “Grange’s recognition by A.M. Best for ‘Standing the Test of Time’ reinforces our enduring sound financial management and our commitment to delivering on our promise of providing peace of mind and protection to our customers.”

A.M. Best reaffirmed Grange’s financial strength rating (FSR) of “A” (Excellent) with a stable outlook for all of its P&C companies in 2023. The FSR is the most important component of A.M. Best’s rating because it indicates a company’s ability to pay its policyholders’ claims.

A.M. Best determines its ratings through its Best's Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best's rating process and contains the rating criteria employed in the rating process.

About Grange Insurance

Grange Insurance Company, with $3.1 billion in assets and more than $1.4 billion in annual revenue, is an insurance provider based in Columbus, Ohio. Through its network of independent agents, Grange offers auto, home and business insurance protection. Established in 1935, the Grange Insurance Company and its affiliate Integrity Insurance Company serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin. Learn more about Grange Insurance.