STAR Mutual RRG Withdraws from AM Best Rating Program

Knoxville, TN — June 29, 2026

STAR Mutual Risk Retention Group has withdrawn from AM Best's interactive rating program. This was our decision, made at our initiative. 

Built for a Different Speed

STAR Mutual entered the commercial auto market five years ago with a clear purpose: to serve transportation businesses—owner-operators, small fleets, contractors—with quality, speed, and fair pricing. We use proprietary technology as the foundation of fair underwriting, pricing, and risk management.

This technology improves materially, continuously. What we operate with today is a meaningfully different instrument than what we had twelve months ago. 

The growth reflects genuine market demand—an insurance carrier that could actually serve commercial auto clients with speed, appetite, and technology that makes the process work. Today STAR Mutual serves thousands of transportation businesses across 40 states, writing coverage for multiple commercial auto classes. We are proud of what we have built for our members and their servicing agents.

Why We Are Moving On

AM Best issued a downgrade action on June 25, 2026, moving our Financial Strength Rating to “B-” (Fair). We reviewed that assessment carefully and determined that withdrawing from the program was the right decision for STAR Mutual RRG.

We want to be direct about why. AM Best is a respected institution and we valued the interactive rating relationship. The framework measures carriers across broad industry benchmarks—built around large multi-line companies writing both personal and commercial lines, while STAR Mutual is a specialized commercial transportation insurance carrier.

We reached this decision respectfully and candidly, and we have left the door open to re-engage with AM Best in the future.

The forming years of a fast-growing carrier require continuous investment in underwriting discipline, risk controls, and capital structure. We have made those investments strategically and consistently. 

The improvements in risk selection, underwriting controls, and capital position we have built over the years are real, measurable, and continuing. In 2026, our surplus growth is outpacing premium growth—a direct reflection of that discipline and a marker of the financial trajectory we are on.

Our Financial Foundation

STAR Mutual's financial foundation rests on multiple pillars of independent support.

We hold a Financial Stability Rating of "A" (Exceptional) from Demotech, Inc., reaffirmed June 19, 2026. Our reserves are reviewed quarterly by management and semi-annually by independent actuaries. Current reserve levels reflect our assessment of all known exposures, including the 2025 period cited. Our policyholders' claims are backed by eight highly reputable reinsurance partners holding “A+” (Superior) ratings and providing capacity well in excess of our current premiums.

STAR Mutual operates with lean, efficient infrastructure—delivering higher value to our members by keeping operational costs disciplined. 

We built STAR Mutual to serve a market that needed a better option. Five years in, thousands of transportation businesses and their agents trust us with their coverage. We are confident in our financial foundation, confident in where we are headed, and committed to continuing to earn that trust.

About STAR Mutual Risk Retention Group

STAR Mutual Risk Retention Group provides commercial auto liability insurance to transportation businesses, owner-operators, and contractors through appointed independent agents across 40 states. Built on proprietary underwriting technology and a commitment to long-term risk alignment, STAR Mutual delivers stable coverage for operators committed to safety. 

Contact Information:

STAR Mutual RRG
Email: info@starrrg.com
Phone: (855) 569-7827