Rural Mutual earns two top-performer awards

Rural Mutual Insurance Company (RMIC), based in Wisconsin, has achieved an A+ rating from AM Best for the seventh consecutive year, reflecting its strong financial performance and stability. This rating is derived from historical data up to 2023 and early indicators from 2024. Dan Merk, the company's executive vice president and CEO, emphasized the significance of this recognition amidst a challenging insurance market characterized by inflation and extreme weather events. In addition to the A+ rating, RMIC has been named one of Ward's top 50 property and casualty companies in the U.S. This accolade is particularly noteworthy as it marks the 16th consecutive year the company has been included in this prestigious list, which evaluates nearly 2,900 insurance firms nationwide. The recognition places RMIC in the top two percent of the industry, showcasing its consistent performance over the years. Merk attributes the company's success to the dedication and hard work of its agents, field employees, and home office staff, who have remained committed to providing quality service despite external challenges. This achievement is a testament to the company's resilience and operational excellence in a competitive landscape. Celebrating its 90th anniversary this year, RMIC continues to focus exclusively on the Wisconsin market, where it holds the position of the leading insurer for farms. The company's ongoing success highlights its ability to navigate the complexities of the insurance industry while maintaining a strong commitment to its clients and community.