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John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock , a prominent American Patriot . In 2004, Canadian multinational life insurance company Manulife Financial acquired John Hancock and operates it as an independent subsidiary.
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
She was the first female to lead Manulife Canada and John Hancock Financial. [11] [12] Harrison serves as President and Chairman of the boards for John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York. [13]
Phone support is available for account management and password reset help, Mon-Fri: 8am-12am ET; Sat: 8am-10pm ET. For additional hours of operation for different services visit our support options page for contact info.
The move by the 156-year-old insurer, owned by Canada's Manulife Financial Corp , marks a major shift for the company, which unveiled its first interactive life insurance policy in 2015.
On September 29, 2003, Manulife announced its intent to acquire the Boston-based insurance company John Hancock Financial (including a Canadian subsidiary, Maritime Life) for $10.4 billion in a stock-for-stock merger. [23] The merged entity would initially be led by John Hancock's CEO David F. D'Alessandro, but he would step down in June 2004.