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Primerica is the parent company of National Benefit Life Insurance Company, Primerica Life, Peach Re, and Vidalia Re. [8] [11] Primerica acquired e-Telequote in July 2021. [12] [13] The company that would become Primerica was founded in 1981. Primerica had its initial public offering in 2010. [14] [15] Primerica's headquarters are located in ...
World Financial Group offices in Johns Creek, Georgia. World Financial Group (WFG) is a multi-level marketing [4] financial and insurance services company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico.
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In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
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Commercial Credit purchased Primerica in 1988, for $1.5 billion ($3,864,378,165 today). In 1992, they paid $722 million ($1,567,614,892 today) to buy a 27% share of Travelers Insurance and in 1993 acquired Shearson (which included the legacy business of E.F. Hutton ) from American Express .
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