American National Insurance Company () is a major
American insurance corporation based in
Galveston, Texas. The company and its subsidiaries operate in all 50 U.S. states, the District of Columbia,
Puerto Rico, and
American Samoa.
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.
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.
Financial ratings
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...
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