Acuity announced that AM Best has affirmed the insurer’s Financial Strength Rating of A+ (Superior) with a Stable outlook. This marks the 23rd consecutive year Acuity has earned an A+ Financial Strength Rating.

The affirmation of Acuity’s A+ Financial Strength Rating from AM Best follows a year in which Acuity surpassed $3 billion in revenue for the first time in its nearly 100-year history, reached an all-time high of $7.8 billion assets (GAAP), and grew policyholders’ surplus by over 11% to $3.2 billion (Statutory). The insurer also earned a combined ratio of 98.1 (Statutory).  

Acuity’s impressive growth continues to span personal and commercial lines, reinforcing the company’s dedication to expansion while sustaining long-term success. With a steadfast commitment to stability, growth, and customer-focused service, Acuity continues to set the standard for excellence in the insurance industry.

In reaffirming Acuity’s A+ rating, AM Best noted the insurer’s strength across several areas of measurement:

• Balance Sheet – Strongest level of risk-adjusted capitalization, strong liquidity and cash flow, and fair and reasonable reserving practices.
• Operating Performance – Strong, profitable long-term results that outperform the peer composite and consistently strong investment income that supports operating results.
• Business Profile – Highly diversified mix of business; broad and strong agency relationships that consistently provide high returns.
• Enterprise Risk Management – Strong risk assessment culture and risk management controls, along with a highly risk-aware and engaged management team.

Acuity also has an A+ Financial Strength Rating from Standard & Poor's (S&P), offering independent agents and customers the financial security of two superior ratings and ranking Acuity in the top 19 carriers nationally based on financial strength ratings.

Acuity Insurance is a leading provider of insurance solutions, delivering exceptional coverage and customer service to individuals and businesses in 32 states. Headquartered in Sheboygan, Wisconsin, Acuity employs over 1,700 people.