Farm Bureau Insurance Company of Idaho, the largest property-casualty insurance company headquartered in the Gem State, are proud to announce that they have been named as one of the top 50 performing insurance companies in the United States by Ward’s.
The Ward Group is the leading provider of benchmarking and best practice studies for insurance companies. Each year, the Ward Group analyzes nearly 3,000 property-casualty insurance companies to identify the top performers. To make Ward’s Top 50 list, a company must pass rigorous financial stability tests and demonstrate an ability to grow while maintaining strong capital positions and underwriting results. Each company named to the 2024 top 50 list achieved outstanding financial results over the five-year period between 2019 – 2023. This year’s awards were announced at a public ceremony on July 11.
“We are honored to be named as one of Ward’s Top 50 property-casualty insurers,” said Todd Argall, President and CEO of Farm Bureau Insurance Company of Idaho. “It is a testament to the remarkable efforts of our dedicated colleagues and agents that we have earned this prestigious award. It is only because of the outstanding contributions they make each day to provide financial peace of mind to Idaho’s families, farms, and businesses that we are in this leadership position.”
Commenting on what the award signifies to policyholders, Argall added, “The Ward’s Top 50 award means that Farm Bureau Insurance Company of Idaho is financially secure and one of the most efficiently operated insurance companies in the country. This recognition also confirms our ability to fulfill our promises to protect what matters most to our customers, and to be there for them when they need us.”
To view the Ward’s Top 50 list for 2024, visit: https://ward.aon.com/ward-benchmarking/wards50/property-casualty