American Family Insurance News

Done Deal: Bold Penguin Is Now a Subsidiary of American Family

Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring the digital exchange Bold Penguin that serves small businesses. The Bold Penguin technology is used by insurance agents, brokers and other distributors to match, quote and bind policies from …

Moment of Change: How the Insurance Industry Can Bridge the Diversity Gap, Be an Ally

The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial injustice and inequities across the country. Individuals and businesses responded by vowing to better support communities of color. Experts on …

American Family Insurance to Acquire Small Business Insurtech Bold Penguin

Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to match, quote and bind policies from a range of insurers. …

HGTV’s ‘Property Brothers’ Sign With American Family Insurance as Spokesmen

American Family Insurance has chosen home renovation duo Drew and Jonathan Scott, the twin stars of HGTV’s “Property Brothers,” as the company’s newest brand ambassadors. The Scott brothers and American Family “share a passion for the places we call home. …

Wisconsin’s American Family Insurance Employees to Get Paid Day Off to Vote

The American Family Insurance group, based in Madison, Wisconsin, is giving its more than 13,500 employees nationwide a paid day off to vote. The company said employees may choose to take Nov. 3 off to vote in person, but because …

American Family Succession Plan: Westrate to Succeed Salzwedel as CEO in 2022

American Family Insurance group’s succession plan calls for Chair and Chief Executive Officer Jack Salzwedel to continue as chair and CEO until Jan. 1, 2022. American Family Enterprise President Bill Westrate will serve as CEO-elect starting January 2021 and will …

GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses

More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15 percent credit …

Wisconsin’s American Family to Return $200M to Auto Insurance Customers

Madison, Wisconsin-based American Family Insurance says it will return approximately $200 million to its auto insurance customers as the COVID-19 pandemic has dramatically altered driving habits and created financial uncertainty for individuals and families across the country The premium relief …

Insurer Closed Missouri Office for 1 Day After Likely Employee Contact with Virus

Last Friday, American Family Insurance Co. closed a regional office out of concern that an employee may have been exposed to an airline passenger on a March 4 domestic flight who later tested positive for COVID-19. According to American Family, …

Wisconsin’s American Family Insurance Raising Minimum Pay to $20 Per Hour

Madison, Wisconsin-based American Family Insurance and its group of companies are raising their minimum hourly wage to $20 per hour. This rate increase, implemented with the intent to attract and retain talent and create a positive impact on employees and …