A.M. Best Affirms A (Excellent) Rating for Farm Bureau Mutual Group

DES MOINES, Iowa--(Business Wire)--
A.M. Best Company has announced that it has affirmed its A (Excellent) financial
strength rating and stable outlook for Farm Bureau Mutual Insurance Company and
Western Agricultural Insurance Company.

"This is exceptionally good news in view of these very challenging times," said
Bruce Trost, Executive Vice President, Farm Bureau Mutual Group. Farm Bureau
Mutual Insurance Company`s A.M. Best Financial Strength rating has been A
(Excellent) since 1943.

Farm Bureau Mutual Insurance Company and Western Agricultural Insurance Company
both continue to deliver excellent results. "In spite of a challenging economy
and the worst storm season in our companies` history in 2008, we again
outperformed the property-casualty insurance industry," Trost added.

In 2008, direct written premium for the property-casualty insurance industry
totaled about $489 billion, a decrease from 2007*. For that same period, direct
written premium for Farm Bureau Mutual Group totaled more than $1.1 billion**,
an 11 percent increase over the companies` 2007 totals.

"Our property-casualty companies provide great service and an excellent value to
our member clients," Trost said. "We are healthy and growing and positioned well
for the future."

About Farm Bureau Financial Services

Through an exclusive agent force, the property-casualty companies affiliated
with the Farm Bureau Financial Services brand underwrite, market and distribute
insurance products and services to individuals and small businesses across a
multi-state marketing territory. For more information about products and
services, contact your local Farm Bureau office or log on to fbfs.com.

*Source: SNL Financial LC, P & C Industry, P & C Financial Highlights, 2004 -
12/31/08

** Farm Bureau Mutual Group financials based on information reported in the 2008
statutory statements.

Farm Bureau Mutual Group is rated A (Excellent) by A.M. Best Company for their
financial strength and ability to meet their obligations to policyholders. An A
rating is the third highest of A.M. Best`s 16 individual ratings.

Farm Bureau Financial Services
Nancy Doll, 515-226-6215
ndoll@fbfs.com

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