AM Best has affirmed the A- (Excellent) Financial Strength Rating of Fire Districts of New York Mutual Insurance Co., Inc. (FDM). The rating action, effective Sept. 30, 2026, marks the sixth consecutive year FDM has held an A- (Excellent) Financial Strength Rating. The outlook is Stable. AM Best’s Financial Strength Rating is an independent opinion
Below are important dates and deadlines for fire districts in New York State as you all begin the 2027 budget process. On or before September 29 September 30 – October 5 On or before October 15 Any day in the third week of October October 20 – November 4 On or before November 4 On
2027 Fire Districts Budgets: Dates & Deadlines Read More »
Fire Districts of New York Mutual Insurance Co., Inc. (FDM) has once again earned an “A-” (Excellent) Financial Strength Rating (FSR) and an “a-” Long-Term Issuer Credit Rating (ICR) from AM Best. The reaffirmation, effective Oct. 8, 2025, marks the fifth consecutive year that FDM has maintained its Excellent rating — continuing a legacy of
FDM Maintains “Excellent” A- Rating From AM Best for 5th Consecutive Year Read More »
As the fire season heats up and calls for service remain constant, it’s a perfect time to shine a spotlight on the vital, yet often unsung, insurance coverage that protects a very special group of New Yorkers: our volunteer firefighters. Here at FDM, we’ve had the honor of proudly insuring New York State’s volunteer firefighters
Protecting Those Who Protect Us: Understanding VFBL & Workers’ Compensation Read More »
The American Relief Act (H.R. 10545) has been making headlines, but what does it actually mean for New York’s first responders, particularly our fire departments? While the Act primarily focuses on disaster relief and agriculture, there are some important provisions that offer short-term support to those on the front lines of emergencies. Keeping the Lights
American Relief Act: Short-Term Relief for New York’s Bravest Read More »
Great news for New York’s first responders! The Social Security Fairness Act (H.R. 82) has been signed into law, bringing significant and well-deserved benefits to our firefighters, police officers, and other public servants. This new law eliminates two unfair provisions that have historically reduced the Social Security benefits of those who dedicated their careers to
A Win for New York’s Bravest: The Social Security Fairness Act Read More »
Do you know what to do when someone gets hurt? It can be overwhelming and stressful when one of your own experiences a serious injury; the process will go MUCH smoother if you’re prepared and informed. That’s why FDM’s very own EVP & COO, Roy Denny, joined the Association of Fire Districts of the State
FDM’S Roy Denny On AFDSNY’s Coffee With Commissioners Read More »
Fire Districts of New York Mutual Insurance Co., Inc. (FDM) has earned the prestigious Demotech Stakeholder Team Accomplishment Recognition (STAR) Award in the State Specialist category. This award marks the first time that FDM has earned this honor. “We are thrilled to be one of the select companies receiving this recognition for our ability to
Fire Districts of New York Mutual Insurance Co., Inc. (FDM) has maintained its AM Best “A-” rating in the Financial Strength and Long-Term Issuer Credit Rating categories for the fourth consecutive year. “AM Best has assigned a Financial Strength Rating of ‘A-’ (Excellent) and a Long-Term Issuer Credit Rating of ‘A-’ (Excellent) to FDM. The
Taking good care of your volunteers and employees and maximizing your department’s finances are critical to your success. It is important to understand the “Pros and Cons” of whether to choose a self-insurance program or insurance through Fire Districts of NY Mutual Insurance Co., Inc. (FDM) for Volunteer Firefighters’ Benefits Law (VFBL) and Workers’ Compensation
Self Insurance Vs. FDM: What are the Advantages? Read More »
