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Union Central Life Insurance Company was founded in Cincinnati, Ohio, in 1867. It was established as a mutual insurance company. Among its founders were Norman Wait Harris, founder of Harris Bank. [1] In 2005, it formed a mutual insurance holding company the Union Central Mutual Holding Company and converted the life insurance company to a ...
Ullico Inc. is a privately held insurance and financial services holding company in the United States.Formerly known as Union Labor Life Insurance Company, it was founded in 1927 [1] by the American Federation of Labor (AFL) and its then president, Samuel Gompers, to offer health and life insurance products specifically to working men and women.
Union Mutual Life Insurance was incorporated in 1848 in Maine. [8] The company issued its first policy, which covered the life of founder and company president Elisha B. Pratt for $5000 (equivalent to $183,120 in 2023), on October 1, 1849. [8]
Fidelity Union Life Insurance Company is an insurance company based in Dallas, Texas. In 2012, it had assets in excess of $19 billion. [1] The high-rise residential building known as Mosaic Dallas originally served as its corporate offices. It was founded in 1925 by Carr Collins, Sr. and William Morriss. [2] [3] It was acquired by Allianz in ...
State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in ...
AIL also developed a college scholarship program for children of union members, and the company contributed to the strike funds of unions engaged in lawful strikes. The company was positioned as the only 100% union insurance company, and termed the phrase, “Be Union-Buy Union." In 1963, AIL's income was about $6 or $7 million. [4]
In 2002, while O'Sullivan was a member of the board of directors of the Union Labor Life Insurance Company (ULLICO), the company was caught up in a share repurchase scandal. In 1999, ULLICO chairman, president and chief executive officer Robert Georgine proposed a stock trading scheme: ULLICO directors could sell falling shares of stock and buy ...
Star Union Dai-ichi Life Insurance is an insurance company with headquarters in Mumbai, India. It was founded in 2007 and began operations in 2009 as a joint venture between Bank of India , Union Bank of India , and Dai-ichi Life , a Japanese life insurance firm. [ 1 ]