OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of State Farm Florida Insurance Company (SFFIC) (Winter Haven, FL). The outlook of the FSR has been revised to positive from stable while the outlook for the Long-Term ICR remains positive. The ratings reflect SFFIC’s balance sheet strength, which A.M. Best categorizes as adequate, as well as its adequate op
