American Family Insurance is a Fortune 500 company with revenues for 2008 alone reaching over $6.7 billion. It is a private mutual company that focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products.

American Family Insurance – Quick Stats

Type – Mutual
Industry – Insurance & Finance
Founded – 1927
Headquarters- Madison, Wisconsin, USA
Key people- David Anderson, CEO
Products- Auto, Home, Life, Health and Commercial Insurance
Revenue – $6.742 billion USD (2008)
Net income – $24.447 million USD (2006)
Website – American Family Insurance – www.amfam.com

The American Family Insurance Group is based in Madison, Wisconsin, and has regional offices in Eden Prairie, Minnesota, Saint Joseph, Missouri, Denver, Colorado and Columbus, Ohio

American Family Insurance was founded on October 3, 1927, by insurance salesman Herman Wittwer who who named the company Farmers Mutual Insurance Company in Madison, Wisconsin. The only initial product was auto insurance.

In 1997, American Family became the 10th-largest property/casualty insurer in the nation with assets surpassing the $8 billion mark. In 2003, American Family donated $10,000,000.00 towards construction of the future UW Children’s Hospital, to be named American Family Children’s Hospital.

One can find American Family Insurance agents in Oregon, Cincinnati, Chicago and several others.

Subsidiaries

These include

• American Family Mutual Insurance Company (AFMIC),
• American Standard Insurance Company (ASIC)
• American Family Life Insurance Company (AFLIC)
• American Family Brokerage, Inc. (AFB)
• American Family Insurance Company of Ohio (AFICO; Ohio subsidiary, companion to American Family Mutual Insurance Company)
• American Standard Insurance Company of Ohio (ASICO; Ohio subsidiary; companion to American Standard Insurance Company of Wisconsin)
• American Family Securities, LLC (AFS)
• Amfam.com Inc.(AMFAM)

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