AM Best Upgrades Issuer Credit Ratings of South Carolina Farm Bureau Group Members

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of “B++” of South Carolina Farm Bureau Mutual Insurance Company and Palmetto Casualty Insurance Company (together known as South Carolina Farm Bureau Group). The outlook of these Credit Ratings (ratings) remains stable. Both companies are domiciled in Cayce-West Columbia, SC. These ratings reflect South Carolina Farm Bureau Group’s balance sheet