American Family Insurance owns a variety of companies, including Connect, The General, Homesite, and Main Street America. American Family Insurance is the ninth largest auto insurance company in the United States, and the American Family Insurance group includes more than 14 member companies, subsidiaries, and affiliates.
American Family made one of its most recent acquisitions in 2019, purchasing Ameriprise for around $1.05 billion. After the purchase, Ameriprise was renamed Connect, powered by American Family Insurance.
Companies American Family Insurance Owns
The Main Street America Group
The AssureStart Insurance Agency, LLC (AssureStart)
PGC Holding Corps. and its subsidiaries, including The General
New Ventures, LLC
Midvale Life Insurance Company of New York
Midvale Indemnity Company
Homesite Group Incorporated and its subsidiaries (Homesite)
American Standard Insurance Company of Ohio
American Family Insurance Company
American Family Financial Services, Inc.
American Family Brokerage, Inc.
American Family Life Insurance Company
American Standard Insurance Company of Wisconsin
American Family Mutual Insurance Company, S.I.
AmFam, Inc.
For more information about AmFam, check out WalletHub’s complete American Family Insurance review.
American Family is owned by American Family policyholders, since it is a mutual insurance company and its shares are not available to investors on the public market. Among the 10 largest car insurance companies in the U.S., four are mutual insurance companies.
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