Company News

TPM Life Insurance Company Credit Rating Upgraded

Wednesday, June 27th, A.M. Best announced the upgraded Financial Strength Rating (FSR) to A-(Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” for TPM Life Insurance Company (TPM Life) (Lancaster, PA), a wholly owned subsidiary of Am- First Insurance Company (AmFirst) (Oklahoma City, OK).

Posted 06.27.2018

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TPM Life Affirmed B++ (Good) by A.M. Best

On June 15, 2017, A.M. Best Company affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb+” of TPM Life Insurance Company (TPM) (Lancaster, PA), a wholly owned subsidiary of AmFirst. The outlook of these ratings remains stable.

Posted 06.15.2017

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TPM Life rated B++ (Good) by A.M. Best

On May 23, 2016, A.M. Best Company assigned TPM Life a financial strength rating (FSR) of B++ (Good) and an issuer credit rating (ICR) of bbb+. TPM Life had previously not been rated by the agency, but TPM’s acquisition by AmFirst Life Insurance Company (rated A-) has had an immediate positive impact. The rating assignment of TPM is based on the projected premium trend, favorable projected operating margins and its level of risk-adjusted capitalization.

Posted 05.26.2016

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TPM Life acquired by AmFirst Insurance Company

On December 31, 2015, TPM Life Insurance Company (formerly Teacher’s Protective Mutual) was acquired by AmFirst Insurance Company, an Oklahoma domiciled insurance company with administrative offices located in Jackson, Mississippi. The acquisition by the A-rated AmFirst dramatically strengthens TPM’s stability and reach while opening three additional states for AmFirst products.

Posted 05.23.2016

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TPM Life is a proud member of the AmFirst Holdings Group.

PDF Resources

A.M. Best Rating Upgrade Press Release

AmFirst Aquires TPM Life Press Release