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In the early years, the company focused on offering term insurance to individuals as an alternative to whole life products. Jackson was an early adopter of the independent distribution model, eliminating its captive agency sales force in 1970 to sell products through independent agents. By 1984, Jackson had grown to $1 billion in assets.
The Atlanta Life Financial Group was founded by Alonzo Herndon in Atlanta, Georgia. Born into slavery, he started in Atlanta as a young barber, eventually owning three shops. He became Atlanta's richest African American and a highly successful businessman. For many years, the life insurance company was one of the most prominent African-American ...
Each state guaranty association is governed by state law; most associations cover up to at least $300,000 for life insurance death benefits, $100,000 in cash surrender value for life insurance, $250,000 in withdrawal and cash values for annuities, and up to $500,000 in health insurance policy benefits (depending on the type of health insurance ...
One Georgia Center was built in 1968, originally as the headquarters for the Life of Georgia Insurance Company. While initially planned as a 29-story building, upon completion the building topped out at 24 stories, with a construction cost of $13.5 million.
Once known as the "Medical Information Bureau" MIB was founded in 1902 by a group of life insurance companies with a desire to create an industry wide database of life insurance and other products. The goal was to share information as a way to protect applicants, insurers, and policyholders from omissions and fraud that prevented the sound and ...
Aflac Incorporated / ˈ æ f l æ k / (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States. [3] It was founded in 1955 and is based in Columbus, Georgia.