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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.
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.
Ratings for insurance companies matter because they highlight the financial stability of an insurer and help people gauge if the company will be able to provide them with the money they need in ...
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 ...
1961 American Standard began sales. 1962 Company began to offer farm owners insurance. 1963 Policyholders gave final approval to change the company's name to American Family Mutual Insurance Company. 1969 American Family Financial Services opened. 1975 Commercial Lines was introduced. American Family became the fifth-largest mutual auto insurer ...
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