A.M. Best announced it has affirmed Safety National's A (Excellent) financial strength rating and improved its outlook to stable. The rating agency stated the action reflects the company's "solid profitability levels, which continue to outperform the peer composite, and A.M. Best's expectation for additional surplus growth achieved through strong earnings over the near term."

"We are pleased A.M. Best has acknowledged Safety National's financial strength with this positive rating action," said Safety National President Mark Wilhelm.

A.M. Best went on to state that the affirmation and stable outlook reflect the group's strong operating performance, solid capitalization, and established market leadership within the excess workers' compensation market.

Safety National currently stands in solid financial condition and has experienced strong growth throughout 2009. The company currently has more than $2 billion in assets and a policyholders' surplus exceeding $600 million.

The full A.M. Best press release regarding Safety National's rating can be viewed here.

About Safety National:

Safety National - A.M. Best Rating "A" (Excellent), Financial Size Category X - is a versatile alternative market insurance provider offering a broad range of alternative risk funding products through independent insurance agents and brokers. Founded in 1942, Safety National is the leading provider of Excess Workers' Compensation coverage to self-insured employers and groups nationwide and has provided that type of coverage longer than any other company in the U.S. In addition, Safety National offers Large Casualty programs, including Large Deductible Workers' Compensation and Commercial Auto and General Liability; Assumed Workers' Compensation Reinsurance; Loss Portfolio Transfers (LPT); Texas non-subscriber coverage (TEXcess); Self-insurance Bonds and other alternative risk programs. The company is licensed to provide workers' compensation insurance in all 50 states, the District of Columbia and Canada. Safety National is a wholly owned subsidiary of Delphi Financial Group Inc. (NYSE: DFG), a $6 billion insurance holding company.