Safety National Increases A.M. Best Financial Size Category

Safety National, the market leader in providing specialized workers’ compensation solutions for self-insured employers, announced today that its A.M. Best Financial Strength Rating of “A” (Excellent), Financial Size Category (FSC) X, has changed to “A” (Excellent), FSC XI, which designates carriers with a policyholders’ surplus between $750 million and $1 billion.

“This is a great accomplishment for Safety National, coming just two years after we last increased our FSC,” said Safety National CEO Mark Wilhelm. “The increase to FSC XI not only opens the door to new business opportunities for us, but is an important validation of the hard work our company and its employees have put into building our policyholders’ surplus to this level.”

“Our surplus growth can be attributed to solid combined ratios and underwriting results as well as good investment returns since 2008,” said Wilhelm. “This coincides with our long history of growth which includes a 14 percent compound growth rate since 1960.”

About Safety National:

Safety National is a versatile alternative market insurance provider offering a broad range of risk funding products through independent insurance agents and brokers. Founded in 1942, Safety National is the leading provider of Excess Workers’ Compensation coverage to self-insured employers and groups nationwide and has provided that type of coverage longer than any other company in the U.S. In addition, Safety National offers its Large Casualty Program, which includes Large Deductible Workers’ Compensation, Commercial Auto and General Liability coverage; Assumed Reinsurance; Loss Portfolio Transfers (LPT); Texas non-subscriber coverage (TEXcess); Self-insurance Bonds and other alternative risk programs. The company is licensed to provide workers’ compensation insurance in all 50 states, the District of Columbia and Canada. Safety National is a wholly owned subsidiary of Delphi Financial Group Inc. (NYSE: DFG) and is rated “A” (Excellent), Financial Size Category XI, by A.M. Best.

For more information, please visit www.safetynational.com.

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