Ameriprise Auto & Home Insurance

CONNECT, powered by American Family Insurance, is new name, brand of the former Ameriprise Auto & Home

Retrieved on: 
Tuesday, August 4, 2020

CONNECT , powered by American Family Insurance, is officially the new brand name of the property-casualty insurance company formerly known as Ameriprise Auto & Home Insurance.

Key Points: 
  • CONNECT , powered by American Family Insurance, is officially the new brand name of the property-casualty insurance company formerly known as Ameriprise Auto & Home Insurance.
  • State insurance regulators recently approved the legal names of the De Pere, Wisconsin-based company and its subsidiaries, which will together be known as CONNECT, powered by American Family Insurance.
  • This is another milestone for CONNECT as we integrate into the American Family Insurance group, said Jessie Stauffacher, CONNECT chief executive officer.
  • CONNECT, powered by American Family Insurance, will serve as the brand name of products underwritten by two companies: American Family Connect Property and Casualty Insurance Company and American Family Connect Insurance Company.

American Family Insurance Institute Supports 12 Mission-Driven Startups

Retrieved on: 
Monday, July 27, 2020

The American Family Insurance Institute for Corporate and Social Impact (the Institute) recently completed its first full year of venture capital investing, with more than $11 million invested in startups focused on social good.

Key Points: 
  • The American Family Insurance Institute for Corporate and Social Impact (the Institute) recently completed its first full year of venture capital investing, with more than $11 million invested in startups focused on social good.
  • Learn more about the Institute on social media: @AmFamInstitute
    Based in Madison, Wisconsin, American Family Insurance has been serving customers since 1927.
  • American Family Insurance group is the nations 13th-largest property/casualty insurance group, ranking No.
  • The American Family Insurance group also includes CONNECT , powered by American Family Insurance, The General , Homesite and Main Street America .

Ameriprise Financial Welcomes Advisors from Morgan Stanley and Wells Fargo with $259 Million in Assets

Retrieved on: 
Thursday, July 9, 2020

Two teams of financial advisors with $259 million in combined client assets have joined the employee channel of Ameriprise Financial (NYSE: AMP).

Key Points: 
  • Two teams of financial advisors with $259 million in combined client assets have joined the employee channel of Ameriprise Financial (NYSE: AMP).
  • Glen Wilk, who manages $104 million in client assets, was also attracted to how Ameriprise treats and supports advisors and clients.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/careers .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of American Family Connect Property and Casualty Insurance Company and Its Subsidiary

Retrieved on: 
Friday, June 26, 2020

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ of American Family Connect Property and Casualty Insurance Company (formerly known as IDS Property Casualty Insurance Company) and its wholly owned, fully reinsured subsidiary, American Family Connect Insurance Company (formerly known as Ameriprise Insurance Company).

Key Points: 
  • AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ of American Family Connect Property and Casualty Insurance Company (formerly known as IDS Property Casualty Insurance Company) and its wholly owned, fully reinsured subsidiary, American Family Connect Insurance Company (formerly known as Ameriprise Insurance Company).
  • The rating action reflects the role these companies will have as members of American Family Insurance Group.
  • Explicit support is provided to the companies through their participation in an inter-company reinsurance program with American Family Mutual Insurance Company, S.I.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

After Three Decades Serving Clients, Father-Son Team Joins Ameriprise Financial with $234 Million in Assets

Retrieved on: 
Tuesday, February 4, 2020

The team manages $234 million in assets and joined from Summit Brokerage Services.

Key Points: 
  • The team manages $234 million in assets and joined from Summit Brokerage Services.
  • The advisors had high expectations that they would be able to continue their business as usual on day one at Ameriprise.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit joinameriprise.com .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.

American Family Insurance group companies raise minimum pay to $20 per hour

Retrieved on: 
Friday, January 24, 2020

The raise in minimum wage will result in raises for nearly 1,700 employees at American Family group companies.

Key Points: 
  • The raise in minimum wage will result in raises for nearly 1,700 employees at American Family group companies.
  • The increase applies to all companies within the American Family Insurance group, including American Family Insurance, based in Madison, Wisconsin; Homesite Group, Boston; The General, Nashville, Tennessee; Main Street America, Jacksonville, Florida; and other companies.
  • It also applies to American Family Connect Property and Casualty Insurance Company, the proposed new legal name of a De Pere, Wisconsin-based insurer (Ameriprise Auto & Home Insurance) American Family Insurance group acquired last October.
  • Madison, Wisconsin-based American Family Insurance group is the nation's 13th-largest property/casualty insurance group and ranks No.

Ameriprise Financial Welcomes Family-run Independent Broker-dealer With $177 Million in Assets Under Management

Retrieved on: 
Thursday, January 23, 2020

The team, led by veteran advisor Joan Seidel, moved to Ameriprise to leverage the firms technology tools and resources to serve clients.

Key Points: 
  • The team, led by veteran advisor Joan Seidel, moved to Ameriprise to leverage the firms technology tools and resources to serve clients.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit joinameriprise.com .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.
  • For more information, or to find an Ameriprise financial advisor, visit ameriprise.com .

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of American Family Connect Property and Casualty Insurance Company and Its Subsidiary

Retrieved on: 
Thursday, November 21, 2019

AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ of American Family Connect Property and Casualty Insurance Company (formerly known as IDS Property Casualty Insurance Company) and its wholly owned, fully reinsured subsidiary, American Family Connect Insurance Company (formerly known as Ameriprise Insurance Company).

Key Points: 
  • AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ of American Family Connect Property and Casualty Insurance Company (formerly known as IDS Property Casualty Insurance Company) and its wholly owned, fully reinsured subsidiary, American Family Connect Insurance Company (formerly known as Ameriprise Insurance Company).
  • These Credit Ratings (ratings) were placed under review with developing implications on April 3, 2019, following an announcement that Ameriprise Financial, Inc. had entered into an agreement to sell Ameriprise P&C Companies to American Family Insurance Mutual Holding Company (American Family Insurance).
  • At that time, AM Best indicated that the ratings would remain under review until the transaction was completed and an assessment of Ameriprise P&C Companies role within American Family Insurance could be determined.
  • Additional time is necessary to gauge the depth and breadth of support provided by American Family Insurance to Ameriprise P&C Companies.

Ameriprise Financial Welcomes First American Financial in Marlton, N.J.

Retrieved on: 
Thursday, November 14, 2019

Today Ameriprise Financial, Inc. (NYSE: AMP) announced that First American Financial, a team of experienced financial advisors, has joined its franchise channel in Marlton, N.J. from LPL Financial.

Key Points: 
  • Today Ameriprise Financial, Inc. (NYSE: AMP) announced that First American Financial, a team of experienced financial advisors, has joined its franchise channel in Marlton, N.J. from LPL Financial.
  • The team manages approximately $158 million in assets and joined Ameriprise from LPL Financial.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit joinameriprise.com .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.

Ameriprise Financial Welcomes Stiles, Miller & Clark Group in Lansing, MI

Retrieved on: 
Monday, October 21, 2019

Miller has almost 33 years of experience serving clients; Stiles has 17 years; and Clark has 13 years of experience.

Key Points: 
  • Miller has almost 33 years of experience serving clients; Stiles has 17 years; and Clark has 13 years of experience.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit joinameriprise.com .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.
  • For more information, or to find an Ameriprise financial advisor, visit ameriprise.com .