AMERICAN NATIONAL INSURANCE COMPANY (NASDAQ:ANAT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On August24, 2017, American National Insurance Company (the “Company”) filed a Current Report on Form
8-K (the “Original Report”) announcing that John J. Dunn, Jr., former Executive Vice President, Chief Financial Officer and Treasurer, is no longer with the Company, and that the Board of Directors has appointed Timothy A. Walsh as the Company’s Executive Vice President, CFO, Treasurer and ML and P&C Operations. The Company is filing this amendment to the Original Report to update information regarding Mr.Dunn’s severance payment. On September26, 2017, in connection with Mr.Dunn’s execution of a general release and waiver of claims and his agreement to certain confidentiality and other restrictions, the Company agreed to pay Mr.Dunn a final severance amount of $230,000, less applicable tax withholdings.
About AMERICAN NATIONAL INSURANCE COMPANY (NASDAQ:ANAT)
American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. Its family of companies includes six life insurance companies, eight property and casualty insurance companies, and various non-insurance subsidiaries. Its business segments include Life, which offers products, such as Whole Life, Term Life, Universal Life, Variable Universal Life and Credit Life Insurance; Annuity, including products, such as Deferred Annuity, Single Premium Immediate Annuity and Variable Annuity; Health, including, such as Medicare Supplement, Supplemental Insurance, Stop-Loss, Credit Disability and Medical Expense; Property and Casualty, which offers products, such as Personal Lines, Commercial Lines and Credit-Related Property Insurance products, and Corporate and Other, which consists of its invested assets that are not used to support insurance activities, and non-insurance subsidiaries.