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A.M. Best assigns Credit Ratings to CM Select Insurance Company; affirms Church Mutual’s overall financial strength

(MERRILL, Wisconsin) –  On May 17, 2018, CM Select Insurance Company, a wholly owned subsidiary of Church Mutual Insurance Company, earned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” from A.M. Best, one of the oldest and most widely recognized providers of ratings and financial data in the insurance industry. A.M. Best assigned outlooks for CM Select’s financial strength and long-term issue creditor ratings of “stable” and “positive,” respectively.

CM Select’s credit ratings recognize a 100 percent quota share reinsurance agreement between CM Select and Church Mutual. Incorporated on May 4, 2017, CM Select will offer products that are specifically designed to meet the needs of smaller religious organizations.

"This favorable rating and 'positive' outlook are significant because we expect CM Select to strengthen the Church Mutual brand by leveraging our collective experience and resources," said Rich Poirier, president and CEO of Church Mutual. "The rating also is important because it helps customers and prospects make buying decisions."

A.M. Best also reaffirmed the overall Church Mutual family of companies' financial strength rating of "A" (excellent) with a “stable” outlook, and the long-term issuer credit rating of "a," with a “positive” outlook.

The credit ratings reflect Church Mutual’s strong balance sheet strength and risk-adjusted capitalization, as well as operating performance, the organization’s prominent market position within the religious community and recent diversification initiatives in complimentary markets.

According to A.M. Best, “Church Mutual maintains a competitive advantage in its niche market and continues to invest and strengthen its brand through development of new products with effective control of distribution channels through the use of captive agents, independent agents, broker markets, excess and surplus lines and forthcoming e-commerce.”

About A.M. Best

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit

About CM Select

CM Select Insurance Company is a provider of insurance designed specifically to meet the needs of smaller religious organizations of all denominations.  Coverage includes property and liability insurance. For more information, visit

About Church Mutual

Church Mutual Insurance Company, founded in 1897, offers specialized insurance for religious organizations of all denominations, as well as schools, camps, denominational offices and senior living facilities. Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance. In addition to insurance, Church Mutual provides a spectrum of value-added solutions that benefit its customers. Church Mutual holds the following honors:

  • A.M. Best Company "A" (excellent) rating
  • 2017 Ward’s 50 Top Performing Property and Casualty Insurers
  • BenchmarkPortal Top 10 National Customer Service Center
  • 2017 Wisconsin 75 by Deloitte US
  • Futuremakers Partner, by Wisconsin Technical College System


For media inquiries, contact Dawn Bernatz, director of marketing strategy and communications, at (715) 539-4574 or

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Church Mutual Insurance Company, S.I. (a stock insurer)
P.O. Box 357 | 3000 Schuster Lane | Merrill, WI 54452-0357
Telephone (800) 554-2642 or (715) 536-5577

© 2022 Church Mutual Insurance Company, S.I. All rights reserved. Protecting the Greater Good is a registered trademark of Church Mutual Insurance Company, S.I.

Church Mutual is a stock insurer whose policyholders are members of the parent mutual holding company formed on 1/1/20. S.I. = a stock insurer.