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Protective Life Insurance Company was founded in 1907 and paid its first death claim in 1909. In 1927, Protective merged with Alabama National Insurance Company, and Alabama National's president, Samuel Clabaugh, became the president of the combined companies which continued to do business as Protective.
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway , before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
In January 2016, Protective Life acquired parts of the company for $661 million. [33] [34] In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. [35] [36] In June 2016, the company sold its term life insurance platform to Pacific Life. [37]
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (NYS: PL) ("Protective") today announced that its principal subsidiary, Protective Life Insurance Company ("Protective Life"), has ...
Protective Life Insurance Company Introduces New Guaranteed Universal Life Products Products enhance customization in consumer life insurance BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life ...
Protective Life Insurance Company Introduces Protective Indexed Annuity Unique features offer upside potential with downside protection BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life ...
The Equitable Life Assurance Society was selected to underwrite the association's policies, setting up a worldwide system of low cost group life insurance. Through WAEPA, Equitable sold policies to employees of 40 U.S. agencies, including individuals from the Offices of Strategic Services and War Information, which often sent their men behind ...
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