American Family completes Main Street America Insurance bonds renewal rights transaction

American Family completes Main Street America Insurance bonds renewal rights transaction

American Family today announced it has completed the Main Street America Insurance bonds renewal rights transaction with Nationwide. The initial agreementwas announced in February of 2026.

The transaction is structured as a renewal rights agreement, meaning Nationwide will quote and transition business as existing bonds and fidelity policies come up for renewal and new bonds (contract and commercial surety and fidelity) are requested.

This transaction enables American Family to place greater focus on its core businesses.

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About American Family Insurance
American Family Insurance based in Madison, Wis., has been serving customers since 1927. We inspire, protect and restore dreams through our insurance products, exceptional service from our agency owners and employees, community investments and creative partnerships. American Family Insurance is the nation's 12th-largest property/casualty insurance company, ranking No. 202 on the Fortune 500 list. American Family has a current 'a+' credit rating through AM Best, and has distinction as a "Standing the Test of Time" company, which is represented by having an AM Best financial strength rating of 'A' or better for at least 75 years. The company offers American Family-brand products through a network of exclusive agency owners as well as nationwide through key strategic partnerships. American Family Insurance also includes Homesite and Main Street America Insurance. The company has approximately 10,500 employees nationwide.