American Family Insurance

    property casualty auto insurance

    Headquarters: 6000 American Pkwy., Madison, WI 53783-0001
    http://www.amfam.com/

    2009 Premiums Written: $5.5 billion

    2009 Annual Revenues: $6.36 billion

    Key Officers: David R. Anderson, Chairman and Chief Executive Officer; Jack C. Salzwedel, President, Chief Operating Officer, Director; Daniel R. Schultz, Chief Financial Officer and Treasurer

    Started in 1927 as Farmers Mutual Automobile Insurance Company, American Family Insurance focuses on property-casualty and auto insurance, but also offers commercial, life, health, and homeowners insurance as well as retirement-planning products.

    American Family Insurance has roots in rural areas and small towns, and started with three employees and 346 policyholders; however, the company has grown to encompass cities and surrounding suburbs. Today, the company has $16.3 billion in assets under management, and $4.8 billion in policyholder equity.

    In 2003, American Family Insurance announced a $10 million gift to create the American Family Children’s Hospital at the University of Wisconsin Hospital. From that initial gift, the amount grew by several millions more through employee, agent and additional corporate donations. The hospital opened in September 2007.

    In 2007 and 2008, American Family Insurance employees donated close to $1 million to United Way.

    The American Family Insurance Group is made up of American Family Mutual Insurance Company; American Standard Insurance Company of Wisconsin; American Family Life Insurance Company; American Family Financial Services, Inc.; American Family Brokerage, Inc.; American Family Insurance Company (Ohio subsidiary, companion to American Family Mutual Insurance Company); American Standard Insurance Company of Ohio (Ohio subsidiary; companion to American Standard Insurance Company of Wisconsin); Amfam, Inc.; and American Family Securities, LLC.

    Sources: amfam.com, insurancenewsnet.com


    Compiled by Life Quotes, Inc. staff

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