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2017 American Family Insurance completes its acquisition of HomeGauge and Networked Insights [14] [15] 2018 American Family completes merger with Florida-based insurance company, Main Street America Insurance [22] 2019 American Family Insurance completes its acquisition of Ameriprise Auto & Home; the subsidiary was renamed Connect in 2020. [23 ...
Main Street America Group Reports Strong 2012 Results Property/Casualty Carrier Achieves 11.9% ROE, $56.7M Net Income, $978M Net Premium, $71M Surplus Growth, 99.9 Combined Ratio JACKSONVILLE, Fla ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Main Street America's local Main Street programs aim to revitalize downtowns and commercial districts through preservation-based economic development and community revitalization. The "Main Street Project" [ 1 ] was begun in 1977 by the National Trust for Historic Preservation with a pilot involving 3 towns: Galesburg, Illinois ; Madison ...
American Strategic Insurance (ASI) was formed in 1997 and led by CEO and President, John Auer. Its initial offering was Florida homeowners insurance. [ 1 ] The company has experienced rapid growth and is now expected to offer coverage nationwide by 2017, establishing its place in the top 15 homeowners insurance providers in the United States. [ 2 ]
In August 2017, the firm announced the acquisition of employee benefits insurance agency Ballard Benefit Works, Inc., based in Howell, Michigan. [ 20 ] In September 2023, it was announced Arthur J. Gallagher & Co. had agreed to acquired the Natick, Massachusetts -headquartered, Eastern Insurance Group, a subsidiary of Eastern Bank .
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2019 – On October 1, 2019, American Family Insurance closed on the purchase of IDS Property Casualty Insurance Company from Ameriprise Financial. 2020 – CONNECT, powered by American Family Insurance debuts. The company has more than 2,000 employees and offers insurance products in 43 states.