American Family Mutual Insurance Co. News

AM Best Revises Outlook to Stable for American Family Mutual and Core Affiliates

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+” (Excellent) of American Family Mutual Insurance …

Minnesota Fines 2 Insurers for Refusing to Pay Auto Accident Claims

Minnesota Commerce Commissioner Mike Rothman has fined two insurance companies for violating state consumer protection laws by refusing to pay auto accident claims for damage caused by drivers they insured. In recent consent orders with the Commerce Department, American Family …

American Family Insurance Seeks Change in Corporate Structure

American Family Mutual Insurance Co., headquartered in Madison, Wis., announced the filing of a plan to create a mutual holding company that it says would provide more flexibility to pursue customer-driven initiatives while preserving the company’s founding principle of policyholder …