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Union Mutual Life Insurance was incorporated in 1848 in Maine. [8] The company issued its first policy, which covered the life of founder and company president Elisha B. Pratt for $5000 (equivalent to $183,120 in 2023), on October 1, 1849. [8] Union Mutual's principal office at the time was located in Boston, Massachusetts, where Pratt resided.
The "CUNA" in the company's name originally stood for "Credit Union National Association". [7] TruStage Financial Group is the marketing name for CMFG Life Insurance Company, its subsidiaries, and affiliates. TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society.
American Income Life Insurance Company (AIL) is an American unionized life insurance company that provides supplemental life insurance to labor unions, credit unions, and associations. The company was founded in 1951 and the executive offices have been located in Waco, Texas, since 1959. American Income Life is licensed in 49 states, the ...
In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
Ullico Inc. is a privately held insurance and financial services holding company in the United States.Formerly known as Union Labor Life Insurance Company, it was founded in 1927 [1] by the American Federation of Labor (AFL) and its then president, Samuel Gompers, to offer health and life insurance products specifically to working men and women.
National Income Life Insurance Company (NILICO) is an American insurance company providing supplemental life insurance to members of labor unions, credit unions, and associations. The company is based in Rochester, New York and is a subsidiary of American Income Life Insurance Company which is a subsidiary of Globe Life .
Union Central Life Insurance Company was founded in Cincinnati, Ohio, in 1867. It was established as a mutual insurance company. Among its founders were Norman Wait Harris, founder of Harris Bank. [1] In 2005, it formed a mutual insurance holding company the Union Central Mutual Holding Company and converted the life insurance company to a ...
The Acacia Life Insurance Company was established in 1867 as a mutual insurance company, owned by its policyowners. Its headquarters were in Washington, D.C., United States. In 1997, it formed a mutual insurance holding company, Acacia Mutual Holding Company of Washington, D.C. In that process, Acacia Life became a stock life insurance company ...