Strong growth, record storm claims highlight 2017 for American Family Insurance Group According to American Family Insurance during a record-high storm year, the insurance group ended the year with more than 10.5 million policies in force and achieved solid increases in policyholder equity, premium growth across operating companies, investment gains and customer satisfaction. Bolstered by […]
American Family Insurance Acquires Analytics and Artificial Intelligence Company
American Family Insurance announced the acquisition of Chicago-based data and analytics software company, Networked Insights, to accelerate its digital transformation, including its use of data, advanced analytics and artificial intelligence (AI). According to the insurer, at a time when technology and innovation are transforming the insurance industry, the acquisition allows American Family to build on […]
Collision Repair Education Foundation Awards Over $750,000 in School Grants
The Collision Repair Education Foundation on November 1 awarded over $750,000 in grants to schools teaching collision repair across the U.S. Grants were available in several categories. The Foundation awarded grants worth $1,100 each to 37 schools as part of its Ultimate Collision Education Makeover. The winners included: Academy for Careers & Technology (Mullins, SC) […]
American Family Details 2015 Animal Crash Statistics
According to American Family, the auto insurance company’s customers in its 19 operating states submitted 30,023 claims for animal-vehicle crashes during 2015. The cost of the claims totaled $95,165,788, with the average claim costing $3,279. Wisconsin ($28,986,443), Missouri ($16,880,599) and Minnesota ($14,978,087) reported the highest numbers The chart below details the top 12 states among […]
Largest Auto Insurers Added Market Share in 2015
The largest private passenger auto insurers in the U.S. gained market share in 2015. Growth continues long term trend. Since 2000, the largest private passenger automobile insurers have been growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The […]
American Family Insurance Names New VP of Claims
On heels of repairer uproar surrounding AmFam’s recent switch from Mitchell to Audatex, company names new head of claims. American Family Mutual Insurance Company, the third-largest mutual property and casualty insurer in the nation, has appointed Mark Afable, 49, as vice president of American Family’s claims division effective Monday, November 6. Afable replaces Terese A. […]