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Fitch affirms American Family Mutual Insurance, units

Fitch Ratings affirmed the A+ insurer financial strength ratings of American Family Mutual Insurance Co. S.I. and its subsidiaries, American Family Insurance Co., American Standard Insurance Co. of Ohio, American Standard Insurance Co. of Wisconsin, American Family Life Insurance Co. and Midvale Indemnity Co.

The outlook is stable.

The affirmation of the companies' ratings reflects their very strong capitalization and business profiles, strong underwriting and sufficient reserve position, Fitch said.