Excellent business retention, calm weather, and consistently high agency force productivity in 2015 contributed to Farm Bureau Insurance of Tennessee maintaining its positive gains for a third consecutive year.

Farm Bureau Insurance’s property and casualty operations saw automobile business retention rise to 96.8 percent, while homeowner and farmowner retention remained high. The life company regained its position as the number one writer of life insurance in Tennessee. Dividends to shareholders and increased stock valuations were announced at the Farm Bureau Insurance annual meeting in Franklin.


 

Riding a wave of profitability initiatives, favorable weather trends, and warm personal relationships with customers and business associates, Farm Bureau Insurance of Tennessee posted a second consecutive year of excellent results in 2014. 

Farm Bureau Insurance’s property and casualty operations saw solid gains and continues to cover more automobiles and properties in Tennessee than any other insurer. The life company maintained a consistent trend of outperforming the industry. Dividends to shareholders of both companies and increased stock valuations were announced at the Farm Bureau Insurance annual meeting in Franklin, Tenn.