Demotech Assigns Financial Stability Rating® to Farmers Mutual of Tennessee

Columbus, Ohio, April 8, 2021: Farmers Mutual of Tennessee has earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc.  This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Farmers Mutual of Tennessee

Farmers Mutual of Tennessee (FMT) was founded on July 12, 1913, when Knox County farmers addressed their underserved insurance needs by forming the company. Over 100 years later, Knoxville-based FMT has grown to provide insurance coverage throughout the state and is one of only two property-casualty insurance companies domiciled in Tennessee that writes business statewide. As a Tennessee-based company, FMT holds firm to the mutual values of ‘neighbors helping neighbors.’ Homeowners, mobile homeowners, rental dwelling, farm, and small church insurance coverage is offered through local, independent insurance agents. FMT provides quality coverage at a fair price to policyholders by maintaining a financially and culturally sound company. FMT is devoted to delivering ethical, honest, and fair service to policyholders, employees, vendors, peers, and community. Visit for more information.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit for additional information.

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