A.M. Best affirms Modern Woodmen’s A+ Rating
A.M. Best, an independent insurance industry rating agency, recently affirmed Modern Woodmen of America's financial strength rating. A.M. Best rates Modern Woodmen’s financial stability, security and management performance Superior or A+, which is the second highest of 15 ratings.
Based in Rock Island, Ill., the fraternal financial services organization received the rating based on a comprehensive quantitative and qualitative evaluation of the organization’s balance sheet strength, operating performance and business profile. Insurers in the superior category are considered to have a superior ability to meet their ongoing obligations.
Founded in 1883 as a fraternal benefit society, Modern Woodmen of America celebrates its 125th year of serving members and their communities. The organization offers financial services and fraternal member benefits to individuals and families throughout the United States.