December 20, 2012

A.M. Best Affirms “A” Financial Strength Rating for Western National Insurance Group

(Minneapolis, Minn.) Western National Insurance Group (WNIG) of Edina, Minn., today announced that A.M. Best Company has affirmed the group’s “A” (Excellent) financial strength rating and “a” issuer credit rating, effective December 19, 2012. The group’s outlook for all ratings is stable.

This affirmation reflects the group’s strong capitalization, operating performance, and business profile, according to A.M. Best. It applies to Western National Mutual Insurance Company and the following wholly owned subsidiaries: Western National Assurance Company, Western Home Insurance Company, Pioneer Specialty Insurance Company, Umialik Insurance Company, and Arizona Automobile Insurance Company.

Additionally, A.M. Best announced two changes regarding its ratings to WNIG subsidiary companies: an upgrade to American Freedom Insurance Company’s financial strength rating to “A” (Excellent) from “A-” (Excellent) and its issuer credit rating to “a” from “a-”; and a withdrawal of the ratings for Titan P & C Insurance Company due to the company’s legal merger into Western National Mutual Insurance Company in October 2012.

“We are pleased to have our full group of companies recognized as excellent, ‘A’ grade providers of financial strength and stability,” said Stuart Henderson, President and CEO of Western National Insurance Group. “Our strong capitalization and consistent profitability are the result of a solid business strategy and of the continued hard work of our employees and business partners. We look forward to building on our positive performance in these areas in the years to come, for the continued financial protection of our group’s policyholders.”

Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the insurance industry. The company is the world’s oldest and most authoritative insurance rating and information source.

Western National Insurance Group, headquartered in Edina, Minn., is a super-regional group of nine active companies writing over $350 million of premium on over $290 million of Policyholder Surplus. The Group serves the property-and-casualty insurance needs of individuals, families, and businesses exclusively through professional independent agents in 17 states in the Midwestern, Northwestern, and Southwestern U.S.

For further information, please contact: Steve Norman, Director of Communications, at (952) 921–5680 or (800) 862–6070 Ext. 7680, or by email at