UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 28, 1997
FARM FAMILY HOLDINGS, INC.
A Delaware Corporation Commission File No. 1-11941 IRS No. 14-1789227
344 Route 9W, Glenmont, New York 12077-2910
Registrant's telephone number: (518) 431-5000
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Item 5. Other Events
On May 28, 1997, Farm Family Holdings, Inc. issued a press release
announcing that the A.M. Best rating of the company's subsidiary was upgraded to
A (Excellent).
Item 7. Financial Statements and Exhibits
The following exhibits are filed as part of this report:
Exhibit Index
Exhibit 99 - Press Release
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FARM FAMILY HOLDINGS, INC.
(Registrant)
May 28, 1997 /s/ Philip P. Weber
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(Date) Philip P. Weber
President and CEO
<PAGE>
News Release
Contact:
For Release: IMMEDIATE Timothy A. Walsh
Executive Vice President -
Finance & Treasurer
(518) 431-5410
A.M. Best Rating of Farm Family Holdings' Subsidiary Upgraded to A (Excellent)
Glenmont, New York - May 28, 1997 -- Farm Family Holdings, Inc. (NYSE: FFH)
today announced that A.M. Best has upgraded the rating of its subsidiary, Farm
Family Casualty Insurance Company, to A (Excellent) from A- (Excellent). The
upgrade reflects Farm Family Casualty's improved capitalization, profitable
operating performance and favorable loss reserve development.
Philip P. Weber, President & CEO of Farm Family Holdings, Inc. said, "We are
pleased with A.M. Best's rating action. In addition to the capital infusion from
our initial public offering, Farm Family Casualty continues to be strengthened
by profitable operating results."
Farm Family Casualty Insurance Company is a specialized, regional property and
casualty insurer of farms and agricultural related businesses, as well as
residents and businesses of rural and suburban communities.
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