Difference between revisions of "American National Insurance Company"
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Revision as of 02:08, 21 October 2018
Lua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailableLua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailable American National Insurance Company (ANICO) is a major American insurance corporation based in Galveston, Texas. The company and its subsidiaries operate in all 50 U.S. states and Puerto Rico.[1]
Contents
Company description
American National was founded in 1905 by Galveston businessman William Lewis Moody, Jr. Today the company offers a wide array of insurance products and services including life insurance, annuities, health insurance, property and casualty insurance, credit insurance, and pension plan services. Through its subsidiary, ANREM, the company founded and developed the large-scale housing development, South Shore Harbour, in League City, Texas.[2]
Although a publicly traded company, the majority of the stock continues to be controlled by the Moody family through the Moody Foundation and Libby Shearn Moody Trust, which are administered by the trust department of the family owned Moody National Bank.[3][4][5][6]
Financial ratings[7]
American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission. In addition, its records are audited by KPMG as well as the major financial rating agencies. The ratings reflect the company's capitalization, operating performance and liquidity. American National was listed in Forbes Magazine in its "100 Most Trustworthy Financial Companies"[8] list for 2009 & 2017.
- A. M. Best Company: A (Excellent)[9]
- Standard and Poor's: A (Excellent)[9]
Subsidiaries[10]
- Farm Family Casualty Insurance Company[3]
- United Farm Family Insurance Company[4]
- Standard Life and Accident Insurance Company[5]
- Garden State Life Insurance Company
- American National Life Insurance Company of Texas
- American National Life Insurance Company of New York[6]
Corporate governance
Board of directors[11]
- Robert L. Moody (Chairman Emeritus)
- Ross R. Moody (Chairman of the Board)
- James E. Pozzi (President and Chief Executive Officer)
- William C. Ansell
- James P. Payne
- Arthur O. Dummer
- Frances A. Moody-Dahlberg
- E.J. "Jere" Pederson
- James D. Yarbrough
Advisory directors[12]
- Irwin M. Herz, Jr.
- R. Eugene Lucas
- E. Douglass McLeod
- Robert L. Moody, Jr.
- Russell S. Moody
Former directors
See also
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- Free State of Galveston
- Galveston, Texas
- Moody Foundation
- Moody Gardens
- Moody National Bank
- National Western Life
References
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- ↑ Lua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailable
- ↑ Lua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailable
- ↑ https://globenewswire.com/news-release/2017/08/01/1065639/0/en/American-National-named-to-Forbes-2017-Most-Trustworthy-Financial-Companies-List.html
- ↑ 9.0 9.1 Lua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailable
- ↑ Affiliated Companies Lua error: Cannot create process: proc_open(): Fork failed: Resource temporarily unavailable
- ↑ [1]
- ↑ [2]
External links
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- Pages with script errors
- Companies in the NASDAQ Financial-100 Index
- Buildings and structures in Galveston, Texas
- 1905 establishments in Texas
- Financial services companies established in 1905
- Companies based in Galveston, Texas
- Companies listed on NASDAQ
- Insurance companies of the United States
- Life insurance companies