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You are here: Home / Archives for American Family

State Farm Premiums Written Up Nearly 24% in Second Quarter

September 22, 2023 By CollisionWeek Editor Leave a Comment

S&P Global says the company remains largest auto insurer in the U.S. State Farm Mutual Automobile Insurance Co. remained the largest personal auto insurer in the US during the second quarter amid a record quarter for the sector, according to an S&P Global Market Intelligence analysis. The insurer’s direct premiums written surged nearly 24% — […]

Filed Under: News Tagged With: Allstate, American Family, GEICO, Liberty Mutual Insurance, Net Written Premiums, Progressive, S&P Global Market Intelligence, State Farm, USAA

Mark Afable and Cory Nettles Join the American Family Board

August 15, 2023 By CollisionWeek Editor

American Family’s board of directors has elected two new members, Mark Afable and Cory Nettles. They will begin their service January 1, 2024. “A strong board of directors with broad and diverse experience and backgrounds is essential to fulfilling our purpose as a mutual company,” said Bill Westrate, chair-elect of the board and American Family […]

Filed Under: News Tagged With: American Family, Board of Directors, People

American Family Joins The Climate Pledge

September 20, 2022 By CollisionWeek Editor

American Family Insurance has become the first U.S.-based insurance company to join more than 375+ national and global companies across more than 53 industries and 34 countries in further committing to taking climate action by signing The Climate Pledge. Co- founded by Amazon and Global Optimism in 2019, The Climate Pledge is a commitment to […]

Filed Under: News Tagged With: American Family, Greenhouse Gas Emissions

American Family Insurance Partners with Tractable to Streamline Claims Operations

July 13, 2022 By CollisionWeek Editor

American Family Insurance is partnering with Tractable to apply its artificial intelligence (AI) solutions. Specifically, American Family Insurance Claims Services (AFICS) will be using Tractable as part of its claims subrogation settlement process. American Family is one of the earliest top ten private passenger auto carriers in the US to apply Tractable’s AI to claims, […]

Filed Under: News Tagged With: American Family, Artificial Intelligence, Subrogation, Tractable

American Family Insurance Announce Raise in Minimum Pay to $23 per Hour

February 10, 2022 By CollisionWeek Editor

The increase in minimum wage, the second in two years, will result in raises for more than 2,000 employees at American Family group companies. American Family Insurance group announced it is raising its minimum hourly wage to $23 per hour – its second increase in two years – to draw and retain talent to serve […]

Filed Under: News Tagged With: American Family

GM Plans $6 Billion Revenue Goal for OnStar Insurance by 2030

October 8, 2021 By CollisionWeek Editor

Vehicle manufacturer details goals to market insurance products and transform claims and parts procurement through its ecosystem of dealers and certified repair facilities. General Motors Co. (NYSE: GM) provided a detailed roadmap of how the company plans to double its annual revenue and expand margins to 12 to 14 percent by 2030, as a result […]

Filed Under: Feature Tagged With: American Family, General Motors, OnStar Insurance

American Family Extends Auto Insurance Premium Relief through May but Anticipates Increased Driving and Claims as Vaccines Roll Out

February 19, 2021 By CollisionWeek Editor

Fourth round of relief will issue customers a 5% premium credit for April and May. American Family Insurance announced today it will continue to provide premium relief to personal auto insurance customers due to reduced driving and claims from the COVID-19 pandemic. New and existing customers with personal auto policies will receive a 5% premium […]

Filed Under: News Tagged With: American Family, Coronavirus

American Family Extends 10% Auto Insurance Credits Through March 2021

November 20, 2020 By CollisionWeek Editor

American Family Insurance announced its third round of premium relief for personal auto insurance customers due to decreased driving and claims from COVID-19, increasing the total amount of relief to $500 million since the pandemic began. American Family Insurance announced today its third round of premium relief for personal auto insurance customers due to decreased […]

Filed Under: News Tagged With: American Family, Coronavirus, Premiums

Bill Westrate to Succeed Jack Salzwedel as American Family CEO in 2022

August 13, 2020 By CollisionWeek Editor

American Family Insurance group announced a succession plan for Chair and Chief Executive Officer Jack Salzwedel, reinforcing its commitment to business growth, an innovative and inclusive work culture, and strong involvement in communities where its customers live and work. The plan, which was initiated by Salzwedel two years ago and developed with the board of […]

Filed Under: News Tagged With: American Family, People

Consumer Groups Applaud Allstate And American Family Shelter-In-Place Auto Insurance Refunds

April 7, 2020 By CollisionWeek Editor

Groups urge other auto insurers to do the same. The Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ) applauded insurers Allstate and American Family Insurance for promising premium relief to policyholders totaling $800 million. This reflects a sharp drop in auto insurance claims resulting from far fewer miles driven as millions […]

Filed Under: News Tagged With: Allstate Insurance, American Family, Auto Insurance, Center for Economic Justice, Consumer Federation of America, Coronavirus, Premiums

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