Crum & Forster Achieves Prestigious A+ Financial Strength Rating by AM Best

Crum & Forster Achieves A+ Financial Strength Rating

Crum & Forster (CF) Insurance Group has received a remarkable upgrade in its Financial Strength Rating (FSR) to A+ (Superior) from AM Best, an independent credit rating agency dedicated to the insurance industry. This significant advancement reflects CF's strong financial health, innovative approaches, and solid operational performance.

The upgrade, announced on September 4, 2025, recognizes CF's exceptional balance sheet and its well-executed risk management strategies. AM Best commended the group for its robust growth trajectory, which has been fueled by both organic expansion and an impressive track record of underwriting results while minimizing volatility. This recognition not only benefits CF but also enhances its standing within the larger Fairfax Financial Holdings Limited group, of which it is a part.

Arleen Paladino, CFO of Crum & Forster, expressed her pride in the achievement, attributing the success to the collective effort of CF's employees, who demonstrate unwavering commitment and teamwork. Paladino articulated, "This upgrade to A+ (Superior) reflects the dedication and teamwork of our employees, who go the extra mile every day for our clients and partners." The organizational culture at CF emphasizes collaboration and excellence, aiming to provide innovative insurance solutions to its clientele.

Moreover, AM Best also affirmed the ratings for the Monitor Life Insurance Company of New York, a subsidiary of CF, maintaining its strong ratings. This affirmation signifies Monitor Life's stable financial position and positive outlook as it continues to expand its array of products across the nation.

Crum & Forster has established itself as a veteran fixture in the insurance industry since it was founded in 1822. One of the oldest insurance companies in the United States, CF today operates through a network of independent agents, brokers, and wholesalers. With gross written premiums totaling $5.7 billion in 2024, CF's reputation for offering specialized property, casualty, and health insurance products only continues to grow.

As an industry leader, Crum & Forster is dedicated to building a forward-thinking insurance model, ensuring that it adapts to the challenges of modernity while retaining its foundational values of integrity and excellence. The recent upgrade shines a spotlight on CF's innovative capacity, encouraging further development while assuring clients of its financial soundness and reliability.

For more information on Crum & Forster's offerings and ongoing projects, visit CF's official website. You can also follow them on LinkedIn, X, and Instagram. The CF logo, Crum & Forster, and CF are registered trademarks of United States Fire Insurance Company.