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6000 American Pkwy. Madison, WI 53783-0001 WI Tel. 608-249-2111 Fax 608-243-4921 |
Type: Private - Mutual Company
On the web:
http://www.amfam.com
Employees:
8,482
Employee growth: 3.0%
Even confirmed bachelors can get insured through American Family Insurance. The company specializes in property/casualty insurance, but also offers life, health, and homeowners coverage, as well as investment and retirement-planning products. The company operates in nearly 20 states, primarily in the Midwest and Western US. It is among the largest US mutual companies that concentrates on auto insurance (State Farm is the biggest). American Family Insurance also provides coverage for apartment owners, restaurants, contractors, and other businesses. Through the company's consumer finance division, agents can also offer their customers home equity and personal lines of credit.
Key numbers for fiscal year ending December, 2007:
Sales: $6,867.9M
One year growth: 1.2%
Net income: $82.4M
Income growth: 237.2%
Officers:
Chairman and CEO: David R. Anderson
President, COO, and Director: Jack C. Salzwedel
CFO and Treasurer: Daniel R. Schultz
Competitors:
Allstate
Nationwide
State Farm
