American Family Mutual News

After Joplin Tornado, Town Looked Like a War Zone, Adjusters Say

“One of the eeriest things was … the lack of noise. There were no birds. There was no sound. There was no vegetation. There was nothing. There were no dogs. There were no cars. It was just mounds of rubble,” …

S&P Further Downgrades Ratings of Mariah Re Notes

Standard & Poor’s Ratings Services announced that it has lowered its rating on Mariah Re Ltd.’s Series 2010-1 notes to ‘CC(sf)’ from ‘CCC(sf)’ and removed the rating from CreditWatch, where it was placed with negative implications on Oct. 4, 2011. …

American Family Mutual Insurance to Pay $1M to Arizona Homeowners

The Arizona Department of Insurance announced that American Family Mutual Insurance Co. will be paying approximately $1.1 million to more than 5,000 homeowner claimants. In the course of investigating a complaint, the ADOI found that American Family Mutual, the third-largest …