Demotech Assigns Financial Stability Rating® to Farm Bureau New Horizons Insurance Company of Missouri

Jul 02, 2012, 13:04 ET from Demotech, Inc.

COLUMBUS, Ohio, July 2, 2012 /PRNewswire/ -- Farm Bureau New Horizons Insurance Company of Missouri has earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc.  This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.


FSRs summarize Demotech's opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Farm Bureau New Horizons Insurance Company of Missouri

Farm Bureau New Horizons Insurance Company of Missouri (New Horizons) was established in 2005 to expand the insurance offerings of the Missouri Farm Bureau Family of Companies.  Wholly-owned by the Missouri Farm Bureau Federation, New Horizons provides property insurance and reinsurance to members throughout Missouri.  Headquartered in Jefferson City, Missouri, New Horizons is supported by a network of over 220 exclusive agents in 141 services centers across Missouri.  For more information, visit

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech's philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  This philosophy was the catalyst for the Demotech Company Classification System, which was published in Insurance Journal, in order to stratify and categorize insurers into operational categories.  Visit for more information.

SOURCE Demotech, Inc.