Latest American Family Insurance Headlines
All the headlines from our American Family Insurance Topic Page, ordered by recency.
AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years
Mar 6 2025 // After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for the year for all property/casualty lines it writes. The improvement from a 110.8 in 2023 and...
AM Best Revises Outlook to Stable for American Family Mutual and Core Affiliates
Oct 24 2024 // AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+”...
Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B
Sep 12 2024 // Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1...
Green Bay Packers’ Jordan Love Named American Family Insurance Brand Ambassador
Jun 6 2024 // American Family Insurance announced today Jordan Love, Green Bay Packers quarterback, has signed on as the company’s newest brand ambassador. Jordan becomes the latest addition to this group of fearless dreamers, who...
Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans
Jan 4 2024 // If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital. That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted...
American Family Shuts Down Some Systems to Investigate ‘Unusual Activity’
Oct 23 2023 // American Family Insurance shut down “several business systems” after the insurer said it “detected unusual activity in a portion of its network.” In an email to Insurance Journal, the Madison,...
American Family Insurance Confirms Staff Reductions
Oct 13 2023 // American Family has confirmed recent reports of layoffs, saying that it is “working to increase efficiency and manage costs” across its five insurance companies. The insurer did not provide specifics regarding...
People Moves: Yancy President of American Family Group; 16 Promotions at H.W. Kaufman
Nov 16 2022 // Yancy Named President of American Family Group Telisa Yancy, president of American Family Insurance Direct, has been named president of the American Family Insurance Group of companies. Yancy’s new role will begin...
American Family First U.S. Insurer to Join The Climate Pledge
Sep 20 2022 // American Family Insurance has become the first U.S.-based insurance company to sign The Climate Pledge, joining 375 other national and global companies across more than 53 industries and 34 countries in a further...
People Moves: American Family’s McElwee Takes Over at Plymouth Rock as Long-Time Leader Belodoff Retires
Jul 27 2022 // The Plymouth Rock Co., parent company of auto and home insurance providers in the Northeast, announced that Andrew McElwee is its new president and chief operating officer, having taken over responsibility for the...
American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts
Apr 1 2021 // The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO of CONNECT, powered by American Family Insurance, and Telisa Yancy, chief operating...
American Family Rolls Out Rewards Program for Infrequent Drivers in Arizona
Mar 22 2021 // American Family Insurance has partnered with Cambridge Mobile Telematics (CMT), a smartphone telematics company, to create the MilesMyWay auto insurance program that rewards drivers for driving less. The app-based program...
Done Deal: Bold Penguin Is Now a Subsidiary of American Family
Feb 16 2021 // Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring the digital exchange Bold Penguin that serves small businesses. The Bold Penguin technology is used by insurance agents, brokers and other...
American Family Insurance to Acquire Small Business Insurtech Bold Penguin
Jan 14 2021 // Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to...
HGTV’s ‘Property Brothers’ Sign With American Family Insurance as Spokesmen
Nov 30 2020 // American Family Insurance has chosen home renovation duo Drew and Jonathan Scott, the twin stars of HGTV’s “Property Brothers,” as the company’s newest brand ambassadors. The Scott brothers and...
Wisconsin’s American Family Insurance Employees to Get Paid Day Off to Vote
Sep 17 2020 // The American Family Insurance group, based in Madison, Wisconsin, is giving its more than 13,500 employees nationwide a paid day off to vote. The company said employees may choose to take Nov. 3 off to vote in person, but...
American Family Succession Plan: Westrate to Succeed Salzwedel as CEO in 2022
Aug 12 2020 // American Family Insurance group’s succession plan calls for Chair and Chief Executive Officer Jack Salzwedel to continue as chair and CEO until Jan. 1, 2022. American Family Enterprise President Bill Westrate will...
American Family Renames Ameriprise Insurance as Connect
Aug 6 2020 // American Family Insurance has renamed the Ameriprise Auto & Home business that it paid almost $1 billion for in a deal that closed last October. The new name is CONNECT, which is accompanied by the slogan:...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis
May 1 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis
Apr 24 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
