American National Moves Jobs to League City

- American National Insurance told employees it will vacate One Moody Plaza in Galveston by June 30, moving remaining staff to League City and Houston. - The company said about 150 employees still work in Galveston, down from several hundred, and museum artifacts will be relocated to new offices. - The move reverses Brookfield’s 2022 pledge to keep Galveston headquarters, deepening worries about downtown’s landmark tower. (galvnews.com)

American National Insurance is leaving its longtime Galveston headquarters and moving its remaining island employees to League City and Houston by June 30. (galvnews.com) A company letter said about 150 employees still work in Galveston, and they will be reassigned to offices in League City and downtown Houston. The headquarters building is One Moody Plaza, the 20-story tower that has defined the city skyline for decades. (galvnews.com) American National said the move will not affect customer service and that historical artifacts from its private museum inside the tower will be preserved and displayed in the new offices. The company did not announce a new use for the Galveston building. (galvnews.com) The exit closes a chapter that stretches back to 1905, when American National was founded in Galveston by William Lewis Moody Jr. The company still says on its website that it was founded in Galveston and is headquartered there. (americannational.com) (galvnews.com) The move also undercuts what Brookfield Reinsurance said when it bought American National for about $5.1 billion in May 2022. At the time, Brookfield said American National would maintain its headquarters in Galveston while keeping a presence in League City. (bnt.brookfield.com) American National had already been building up outside the island. In August 2023, it opened a corporate office in Houston’s Three Allen Center with about 30 employees and said it had more than 1,500 employees in Texas. (americannational.com) For Galveston, the loss is bigger than one office shuffle. One Moody Plaza has been one of the city’s signature buildings since 1972, and the tower’s future now becomes a downtown redevelopment question as much as a corporate one. (galvnews.com) (skyscraperpage.com) By June 30, the insurance company’s name may still be tied to Galveston history, but its day-to-day operations will be centered off the island. (galvnews.com)

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