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Birmingham: 2013 The company formed to purchase mid-market radio stations being divested by Cox Radio in 2013. P A United Investors Life Insurance Company: Financials Life insurance Birmingham: 1961 Life insurance and annuities P A VT Mobile Aerospace Engineering: Industrials Aerospace Mobile: 1990 P A Vulcan Materials Company: Basic materials ...
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance , annuity and supplemental health insurance products to more than four million customers in the United States .
As of 2023, Birmingham has two Fortune 500 public companies: Regions Financial Corporation and Vulcan Materials Company. [1] Multiple other Birmingham companies rank in the top 1000. Private companies with revenue over one billion
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.
In the first quarter of 1998, 81 percent of United Investors Life was acquired by affiliate company, Liberty National Life Insurance Company. The remaining 19 percent was contributed by Torchmark to Liberty National in 2006. [4] In December 2010, Torchmark sold United Investors Life to Birmingham, Alabama-based Protective Life Corporation.
The company's primary subsidiary, Protective Life Insurance Company, was established in 1907 and now markets its products and services in all 50 states. As of December 31, 2023, the corporation has more than 3,800 employees, annual revenues of $6.6 billion and assets of $118.4 billion.
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