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The Bankers Life and Casualty Company was established in 1932 as a mutual life insurance company in Chicago, Illinois. [6] In contrast to most other life insurance companies, whose costs included salaries for accountants, sales agents, officers, and actuaries, Bankers Life minimized its overhead as a means of undercutting the monthly insurance premiums of its competitors.
PFG was first founded under the name Bankers Life Insurance Company. [2] Bankers Life Insurance Company was founded by wealthy Des Moines bankers, including Edward Temple, Simon Casady, and Phineas M. Casady. [3] The bank was founded in 1879 with Temple as president and Phineas Casady as vice president. [4]
CNO Financial Group is the parent company of seven insurance companies, including Bankers Life and Casualty Company and Colonial Penn Life Insurance Company. [5] They also own 40/86 Advisors, an investment management company and Washington National Insurance Company.
Bankers Life and Casualty Company [27] Berkshire Hathaway [28] Brotherhood Mutual Insurance Company [29] Burns & Wilcox; CareSource [30] Chubb Corp [31] Citizens Property Insurance Corporation [32] CNA Financial [33] CNO Financial Group [34] Colonial Life & Accident Insurance Company [35] Combined Insurance [36] Commerce Insurance Group ...
Mortgage bankers are often confused with mortgage brokers, but they’re very different. A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders.
[5] [6] Integon underwent a number of changes in ownership and business emphases and struggled during the mid-1990s [citation needed], which included the 1994 purchase of Bankers and Shippers Insurance Company, headquartered in Burlington, North Carolina. [7] In June 1997, GMAC announced they were acquiring Integon in a deal valued at $550 ...
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