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As early as 1979, Feldman had sold more life insurance than anyone in history. [3] He sold life insurance policies with a total face value of about $1.5-billion [4] for New York Life from 1942 to his death in 1993. He once held the world record for the most products sold (by value) by a salesman in a career, a year ($100,000,000), and in a ...
George Jacob "G.J." Mecherle [1] (pronounced "Ma-herl") (June 7, 1877 - March 10, 1951) was the founder of State Farm, headquartered in Bloomington, Illinois.Mecherle, a farmer who later became an insurance agent, founded State Farm after becoming dissatisfied with the insurance rates charged to farmers, as those rates included the risks of city drivers as well.
Executive Life Insurance Company (ELIC) was once the largest life insurance company in California. Its financial problems and subsequent insolvency in April 1991 shocked its policyholders and the financial world. [1] At the time, First Executive was the biggest insurer ever to fail, which resulted primarily from money-losing investments in junk ...
5 minutes could get you up to $2M in life insurance coverage — with no medical exam or blood test Though the number of fires this year is similar to last, the area burned in 2023 is almost 20 ...
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'Your insurance decided they didn’t want to pay for that.'" – u/chimichangaluva331 Image credits: Curated Lifestyle/unsplash (Not the actual photo) #16 Official Claims Addressed To Newborn Babies
Equitable Life Assurance Society: United Kingdom: 8 Dec 2000: Insurance: The insurance company's directors unlawfully used money from people holding guaranteed annuity rate policies to subsidise people with current annuity rate policies. After a House of Lords judgment in Equitable Life Assurance Society v Hyman, the Society closed.
The co-founder of the multinational tech company is now one of the richest men in the world and enjoys his life on the Hawaiin island Lanai, where he purchased most of it for $300 million in 2012 ...