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1999 – The company is actively selling insurance products in 35 states. 2000 – The company moves to a new headquarters in De Pere, Wisconsin. 2005 – Ameriprise Financial, Inc., becomes an independent, publicly owned company. IDS Property Casualty Insurance Company begins doing business as Ameriprise Auto & Home Insurance.
Ameriprise Financial, Inc. is an American diversified financial services company and bank holding company based in Minneapolis, Minnesota. [1] It provides financial planning products and services, including wealth management , asset management , insurance , annuities , and estate planning .
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Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
American Family Insurance was founded on October 3, 1927, [5] when insurance salesman Herman Wittwer opened the doors of Farmers Mutual Insurance Company (not to be confused with the Farmers Insurance Group) in Madison, Wisconsin. At the time, the company's product was auto insurance and its target market was farmers.
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