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American Financial Corp. (AFC) engages in the property and casualty insurance business, and in the sale of retirement annuities, life, and supplemental health insurance products. AFC's property and casualty insurance business writes specialized commercial products that include areas, such as inland and ocean marine, California workers' compensation, agricultural-related coverages, executive and professional liability, fidelity and surety bonds, collateral protection, and umbrella and excess coverages. The company markets its specialty group operations through independent property and casualty insurance agents and brokers. The company was incorporated in 1955 and has its principal executive office in Cincinnati, Ohio. American Financial Group, Inc. owns all of the common stock of AFC. As of April 3, 1999, American Financial Corp operates as a subsidiary of American Financial Group Inc.
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