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Walz was born in Fremont, Nebraska and graduated from Arlington High School in 1981. [1] She then went on to Midland Lutheran College to earn a B.A. in elementary education in 1994. She married her husband in 1986 and now has 3 children and 4 grandchildren. [1] She is a distant cousin of Minnesota governor Tim Walz. [2]
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Gerber Life is headquartered in White Plains, New York, and has an operation center in Fremont, Michigan. [3] The company has $52 billion of life insurance in force with 3.6 million policies for individuals throughout the United States, Puerto Rico, and Canada. [4] [2] In 2007, Nestlé acquired the company with Gerber Products. [2]
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It changed its name in March 1973 to Fremont General Corporation and served as a holding company. [2] It went public in 1977. The company primarily owned insurance businesses during its early years, including property, casualty and life insurance. Their workers' compensation insurance business was the seventh largest in the United States.
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