FHM Insurance Company is Rated A- By A.M. Best - Insurance News | InsuranceNewsNet

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September 28, 2010
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FHM Insurance Company is Rated A- By A.M. Best

A.M. Best Rating Confirms FHM is Secure and in Excellent Financial Condition to Meet Insurance Obligations

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FHM Insurance Company announced that it has been rated A- with a stable outlook by A.M. Best Company.

The rating of A- with a stable outlook confirms the company’s strong financial position and that it is in excellent financial condition to meet its insurance obligations.

“FHM is extremely delighted that A.M. Best has recognized our financial strength and upgraded us to A- stable,” said Bill Bond, Jr., President of FHM. “Since our founding in 1954, FHM has adhered to a philosophy of providing our policyholders with the highest quality workers’ compensation program at the lowest price. This upgrade recognizes that we have achieved our goals of financial strength and stability especially in light of these uncertain economic times.”

FHM Insurance Company is one of the southeast’s oldest workers’ compensation companies. Started in 1954 by a group of hoteliers, FHM has led the industry with cutting-edge cost containment, as well as safety and fraud programs to keep claims costs down, make premiums affordable and ensure workers receive proper care.

“FHM’s rating of A- will now open doors to new markets that were not available to us prior because of corporate ratings requirements,” continued Mr. Bond. “We are also very appreciative of our many long-term agents and policyholders who have placed their trust in FHM over the years and have had confidence in our company. Our future goals are to maintain our financial strength and continue to grow throughout the southeast.”

Founded in 1954, FHM Insurance Company, Inc. is dedicated to a philosophy of "A Policy To Do More." FHM leads the industry in delivering the “lowest ultimate cost” in workers’ compensation through cutting-edge cost containment, loss, fraud and safety programs. In addition, FHM utilizes state-of-the-art technology to give policyholders and agents immediate access to the information they need to more effectively manage their workers’ compensation programs. FHM is licensed in Florida, Georgia, Alabama, North Carolina, South Carolina, Kentucky and Virginia. For more information, visit www.fhmic.com.

For FHM Insurance Company, Inc.
Patterson Marketing Group
Patricia Patterson, 727-934-5320
[email protected]

Source: FHM Insurance Company, Inc.

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