A.M. Best Revises Outlook to Stable for Farm Bureau Town & Country Insurance Company...

A.M. Best Revises Outlook to Stable for Farm Bureau Town & Country Insurance Company of Missouri

OLDWICK, N.J.--(Business Wire)--
A.M. Best Co. has revised the outlook to stable from negative and
affirmed the financial strength rating of A- (Excellent) and issuer
credit rating of "a-" of Farm Bureau Town & Country Insurance Company
of Missouri (Town & Country) (Jefferson City, MO).

The ratings reflect Town & Country's strong capitalization and
historic local market presence as one of the leading providers of
personal lines coverages in Missouri. These positive rating factors
are partially offset by the company's historically fluctuating
operating results due to its business concentration, which exposes its
performance to weather-related losses, as well as to changes in the
regulatory and legislative environment.

The outlook is based on Town & Country's generally improved
risk-based capitalization over the past three years driven by improved
underwriting standards, which enabled the company to post favorable
operating results even during periods that witnessed heightened storm
activity producing significant weather-related losses.

For Best's Ratings, an overview of the rating process and rating
methodologies, please visit www.ambest.com/ratings.

Founded in 1899, A.M. Best Company is a global full-service credit
rating organization dedicated to serving the financial and health care
service industries, including insurance companies, banks, hospitals
and health care system providers. For more information, visit
www.ambest.com.

A.M. Best Co.
Analysts:
Neil DasGupta, 908-439-2200, ext 5206
neil.dasgupta@ambest.com
or
Gary Davis, 908-439-2200, ext. 5665
gary.davis@ambest.com
or
Public Relations:
Jim Peavy, 908-439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
rachelle.morrow@ambest.com

Copyright Business Wire 2008