February 2007 (LANSING, MICHIGAN) – Accident Fund Group has again earned an “A” (Excellent) rating from A.M. Best Company. A.M. Best attributed the positive rating to historically favorable earnings due to solid underwriting performance. Other strengths include:

• Strong earning performance in 2006.
• Enhanced operating synergies provided by Accident Fund’s parent company, Blue Cross Blue Shield of Michigan.
• Excellent capital position and leadership position within Michigan’s workers compensation marketplace.

This is the sixth year in a row that Accident Fund Insurance Company of America earned an “A” (Excellent) rating and the second year where the rating includes Accident Fund’s subsidiaries: Accident Fund National Insurance Company, Accident Fund General Insurance Company and United Wisconsin Insurance Company—doing business as United Heartland. Together all four companies operate as Accident Fund Group.

“A.M. Best’s recent announcement serves as confirmation that Accident Fund Group remains financially strong,” said Elizabeth R. Haar, Accident Fund president & CEO. “Our agent partners are the foundation of that strength and we are proud of our shared success.”

A.M. Best Company is a worldwide insurance rating and information agency and is one of the largest and most-respected resources in the insurance industry.

Headquartered in Lansing, Michigan, Accident Fund Insurance Company of America is the 14th largest writer of workers compensation insurance in the United States. The company also provides third party administration services and disability management. Founded in 1912, Accident Fund is rated “A” (Excellent) by A.M. Best and is a member of Ward’s 50 top property/casualty carriers. Accident Fund is the parent of Wisconsin-based United Heartland, which also writes workers compensation insurance.
 

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