Madison,
10
April
2019
|
10:43 PM
America/Chicago

A.M. Best affirms American Family's ‘A’ (Excellent) financial strength rating

Summary

A.M. Best affirms American Family’s ‘A’ (Excellent) financial strength rating for the 17th year in a row and affirms the company’s issuer ‘a+’ credit rating.

A.M. Best affirms our ‘A’ (Excellent) financial strength rating, the third highest of their 15 ratings, for the 17th year in a row. A.M. Best also affirmed our issuer credit rating of ‘a+’ for the second year in a row.

This rating includes The General and Homesite. Main Street America is expected to be added to the enterprise group rating in 2019. The company will evaluate options to add Ameriprise Auto and Home to our enterprise group rating in the future, pending closure of the transaction.

The ‘A’ rating reflects A.M. Best’s opinion of an insurer’s ability to meet its ongoing insurance policy and contract obligations.

  • American Family Insurance Group: A (Excellent) financial strength rating with a stable outlook.
  • American Family Life Insurance Company: A (Excellent) financial strength rating with a stable outlook.

A.M. Best also affirmed the ‘a+’ issuer credit rating of American Family Insurance Group and American Family Life Insurance Company (the fifth highest of 21 ratings). A.M Best’s issuer credit rating reflects their opinion of an insurer’s ability to meet its ongoing financial obligations.

Use this link to access the A.M. Best news release about American Family Insurance Group.

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About American Family Insurance

Madison, Wisconsin-based American Family Insurance group is the nation's 13th-largest property/casualty insurance group and ranks No. 311 on the Fortune 500 list. The company sells American Family-brand products, including auto, homeowners, life, business and farm/ranch insurance, primarily through its exclusive agents in 19 states. American Family affiliates (The General and Homesite) also provide options for consumers who want to manage their insurance matters directly over the internet or by phone. Affiliate Main Street America sells insurance products through independent agents. Web www.amfam.com; Facebook www.facebook.com/amfam; Twitter www.twitter.com/amfam.