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Article: DCR Reaffirms State Farm Life's 'AAA' Claims Paying Ability Ratings
- Article from:
- PR Newswire
- Article date:
- February 13, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, Feb. 13 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has reaffirmed the 'AAA' (Triple-A) claims paying ability ratings of State Farm Life Insurance Company and State Farm Life & Accident Assurance Company (State Farm Life).
The ratings reflect State Farm Life's superior distribution advantages as a major strategic business in the State Farm Group, overwhelming capitalization, excellent asset quality, and consistently strong profitability.
Both State Farm Life companies are wholly owned subsidiaries of State Farm Mutual Automobile Insurance Company, the lead company of the State Farm Group (State Farm) and the nation's largest ...