Accident Fund Insurance Company of America, founded in 1912 and headquartered in Lansing, Michigan, is dedicated to providing workers' compensation insurance solutions across the United States. The company specializes in innovative risk management services and comprehensive coverage options for businesses, aiming to ensure the safety and well-being of employees while protecting employers from financial liabilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AFICOA 8.50% 2032-08-01 USDAccident Fund Insurance Company of America | United States | 2032-08-01 | 8.500 | 8.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Accident Fund has a notable history in bond issuance, having started in the early 2000s with a focus on funding operational expenses and expanding service offerings. Their significant issuance in 2008 raised $200 million to enhance capital reserves, reflecting a strategy to strengthen financial stability amidst economic fluctuations. Currently, the company offers bonds with competitive yields compared to the industry average, featuring provisions that allow for early redemption under certain conditions. Recent news includes their successful issuance in 2021, which aimed to improve liquidity during the pandemic recovery period, demonstrating the company's proactive approach to navigating market challenges.