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Lincoln Reinsurance was the first US reinsurance company; it was sold to Swiss Re in 2001. K&K Insurance Specialties was the first to insure events like NASCAR races; it was sold to AON in 1993. Safeco bought American States, a property/casualty
In a continuing effort to "reduce its exposure to spread-based business," Allstate has entered into a definitive agreement to sell its Lincoln Benefit Life (LBL) business to Resolution Life, a ...
Security Financial Life began in 1895 using the name Security Mutual Life. Lincoln Direct Life began in 1896 using the name The Royal Highlanders. [1] [6] By 2022, Assurity was hosting three podcasts. Tips from the Insurance Pros and Focus on Voluntary Benefits center on the individual and worksite sales markets, respectively. [7]
In 1936 Lincoln Life and Accident Insurance Company, a Muskogee or Oklahoma City, Oklahoma insurance company merged with Income Life of Louisville, Kentucky, under the name of Lincoln Income Life Insurance Company. The company was acquired by Conseco in 1986 and was merged with another of Conseco's companies Bankers National Life Insurance Company.
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SNI bought Consolidated National Life Insurance Co. in 1983. It began insurance operations in 1982 and became a public company in 1985. [citation needed] In 1986 Conseco acquired Lincoln Income Life Insurance Company at $29 per share for $32.3 million. Shearson Lehman Brothers advised Lincoln Income Life Insurance.
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