Farm Bureau Insurance Company of Idaho, the largest property-casualty insurance company headquartered in the Gem State, are proud to announce that they have been named as one of the top 50 performing insurance companies in the United States by Ward’s.
The Ward Group is the leading provider of benchmarking and best practice studies for insurance companies. Each year, the Ward Group analyzes nearly 3,000 property-casualty insurance companies to identify the top performers. To make Ward’s Top 50 list, a company must pass rigorous financial stability tests and demonstrate an ability to grow while maintaining strong capital positions and underwriting results. Each company named to the 2024 top 50 list achieved outstanding financial results over the five-year period between 2019 – 2023. This year’s awards were announced at a public ceremony on July 11.
“We are honored to be named as one of Ward’s Top 50 property-casualty insurers,” said Todd Argall, President and CEO of Farm Bureau Insurance Company of Idaho. “It is a testament to the remarkable efforts of our dedicated colleagues and agents that we have earned this prestigious award. It is only because of the outstanding contributions they make each day to provide financial peace of mind to Idaho’s families, farms, and businesses that we are in this leadership position.”
Commenting on what the award signifies to policyholders, Argall added, “The Ward’s Top 50 award means that Farm Bureau Insurance Company of Idaho is financially secure and one of the most efficiently operated insurance companies in the country. This recognition also confirms our ability to fulfill our promises to protect what matters most to our customers, and to be there for them when they need us.”
To view the Ward’s Top 50 list for 2024, visit: https://ward.aon.com/ward-benchmarking/wards50/property-casualty
Idaho Farm Bureau Insurance, the largest writer of farm and ranch insurance in Idaho and the largest personal lines insurance company headquartered in the Gem State, today announced a partnership with Washington Farm Bureau Federation, a respected advocate for the agricultural community in Washington state. This collaboration will leverage Idaho Farm Bureau Insurance’s expertise to deliver a wide range of specialized insurance products to Washington Farm Bureau members.
“We are thrilled to join forces with our Washington Farm Bureau neighbors,” said Todd Argall, Executive Vice President and CEO of Idaho Farm Bureau Insurance companies. “We will have Farm Bureau agents in Washington and plan to begin sales in 2024. Although our commitment to Idaho is growing and unwavering, this partnership with Washington creates new opportunities to utilize our fantastic team to serve the broader Northwest community and agricultural sector. We look forward to building lasting relationships with Washington’s families, farmers, ranchers, and business owners by protecting what matters most to them.”
“We’re excited to announce this new partnership with Idaho Farm Bureau Insurance and offer our endorsement for their highly rated insurance products and services to our members,” said Washington Farm Bureau President Rosella Mosby. “Not only will these services be offered by a company that carries the Farm Bureau name, but also one who knows agriculture and shares our passion for strengthening agriculture’s future.”
Commenting on the partnership, Bryan Searle, President of Idaho Farm Bureau Insurance companies, said, “Idaho Farm Bureau Insurance has built a strong reputation for empowering its customers with the products and services they need to secure their operations and families. The Idaho Farm Bureau Insurance family is proud of this proven track record and will bring this same level of dedication and expertise to Washington Farm Bureau members.”
