CompSource Mutual Receives AM Best Rating Recognition

AM Best has reaffirmed the Financial Strength Rating (FSR) of A (Excellent) for CompSource Mutual Insurance Company, maintaining a Stable outlook. As a leading insurance credit rating agency, AM Best’s endorsement underscores CompSource Mutual’s position as Oklahoma’s foremost provider of workers’ compensation insurance.

This rating renewal is a testament to AM Best’s ongoing confidence in CompSource Mutual’s operational performance, robust business profile, effective enterprise risk management, and its capability to fulfill financial commitments consistently.

Several key factors contribute to these ratings:

• **Balance Sheet Strength:** CompSource Mutual boasts a Best’s Capital Adequacy Ratio (BCAR) that falls within the strongest category, with expectations to maintain this level in the near future.
• **Operating Performance:** The company’s five-year return on revenue (RoR) and return on equity (RoE) metrics are notably favorable when compared to the broader workers’ compensation composite.
• **Outlook:** CompSource Mutual is projected to sustain its overall balance sheet strength assessment, reflecting its solid financial foundation.

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AM Best