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American Fidelity Assurance (AFA) is an American private, family-owned life and health insurance company co-founded by C.W. and C.B. Cameron. It provides voluntary supplemental health insurance products (cancer, disability, life, and hospital indemnity) and tax-deferred annuities to education employees, auto dealerships, health care providers, and municipal workers across the United States.
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American Fidelity & Casualty, a sister company covering fleets of trucks and buses, also became the largest insurer of these risks in the United States. [3] In 1980, the company became an insurance carrier when Essex Insurance Company was incorporated and licensed to write excess and surplus lines business.
A.M. Best Affirms Ratings of Atlantic American Corporation and Upgrades Ratings of Bankers Fidelity Life Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial ...
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A credit rating agency issues financial-strength ratings measuring a company's ability to pay back debt by making timely principal and interest payments and the likelihood of default. Traditional companies such as AM Best , Moody's Investors Service , Standard and Poor’s , and Fitch Ratings do rate insurance providers, but typically only ...
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In August 2013, Fidelity & Guaranty Life filed Form S-1 with the U.S. Securities and Exchange Commission expressing its intention to complete an initial public equity offering. [ 17 ] In November 2015, Fidelity announced an agreement to sell the company to the Chinese insurance firm Anbang Insurance for a fee of around $1.57 billion. [ 18 ]