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USF&G was an American insurance company that existed from 1896 [1] until 1998. It was originally called the United States Fidelity and Guaranty Company. The insurer formed a holding company for its insurance businesses and changed its name to USF&G in July 1981. [2] In January 1998, Saint Paul Companies acquired USF&G for $3.9 billion. [3]
Beginning with its first annuities business written in 1928, the company grew to offer products for mortgage insurance, lifestyle protection, and long-term care insurance. [5] In 1986, Life of Virginia was acquired by Combined Insurance for $557 million. [5] It became Aon in 1987. [5] In 1996, Life of Virginia was acquired by GE Capital. [5] [6]
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
Mortgage protection insurance is an insurance policy that pays off the remainder of your mortgage if you pass away or if you become disabled and can’t work. In that way, it functions similarly ...
At that time, "OM Financial Life Insurance Company" changed its name back to "Fidelity & Guaranty Life Insurance Company". In 2013, the company announced a move of its headquarters to Des Moines, Iowa, citing a lower cost of business and a desire to operate under a similar regulator as rival companies. [13]
In 2008, Haldeman was replaced by Robert L. Reynolds who was named president and chief executive officer of Putnam Investments. [13] In November, Reynolds told the Financial Times that he would restructure the company by merging several equity funds, basing compensation on performance, and laying off 47 workers including managers. [14]
This break allowed homeowners who were paying mortgage insurance the ability to write off the premiums for tax years 2018, 2019, 2020 and 2021 if they itemized their tax deductions. The deduction ...
Fidelity National Financial, Inc. (NYSE: FNF), is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, [ 1 ] Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations.