American Family Insurance Mutual Holding Company announced it has reached agreement to acquire Ameriprise Auto & Home (AAH), a De Pere, Wisconsin-based property-casualty insurance provider that primarily sells its products through a partnership with wholesale retailer Costco.
“With our proven track record and strong investments in our people, technology and other innovations, we know what it takes be successful in today’s market. We’re confident we can draw on those qualities, while building on AAH’s strengths, to make this new acquisition another high-performing company within our group”
The acquisition of AAH, a business unit of Ameriprise Financial, is expected to close
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