For the 21st consecutive quarter, Weiss Ratings has recognized Frankenmuth Insurance with its highest rating of “A” or Excellent rating for financial stability. 

This honor is presented to less than one percent of the nation’s property and casualty insurers, according to Melissa A. Gannon, Vice President of Weiss Ratings.

Gannon states in her recent letter to Frankenmuth Insurance President John S. Benson, every quarter Weiss Ratings evaluates the financial strength of more than 19,000 institutions, including life, health and annuity insurers, property and casualty insurers, banks, and savings and loans. 

Unlike most other rating agencies, Weiss Ratings accepts no compensation of any kind from the companies it rates.   

Gannon further notes, the Weiss Ratings proprietary model uses more rigorous standards than other rating agencies, placing greater emphasis on a company’s future financial solvency and its ability to withstand severe economic adversity.  For this reason, a company receiving Weiss’s highest financial strength rating truly demonstrates itself to be among the industry’s best performers.

“This achievement is a direct result of the efforts of our dedicated employees and loyal Independent Agency partners,” Benson says.  “It is a testament to our daily goal of providing outstanding service to our policyholders and maintaining a very strong financial position.”