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Massachusetts Mutual Life Insurance Company (MassMutual) began operation on May 15, 1851 in Springfield, Massachusetts.It was founded by George W. Rice, who subscribed for a guarantee capital of $100,000.
AssuredPartners NL (formerly Assured Neace Lukens) is an insurance brokerage firm founded in 2011 by John Neace and Joe Lukens. [1] With headquarters in Louisville, Kentucky, [2] the company has more than 500 licensed agents and more than 850 employees [3] operating in 38 states and 2 countries.
The H.B. Rice Insurance Building is a historic building located in Paintsville, Kentucky, United States. [1] The building was constructed in 1890 by Harvey Burns Rice, who in 1908, opened an insurance company in the building. [2] It was added to the National Register of Historic Places on January 29, 1989. [1]
The McCarran–Ferguson Act, 15 U.S.C. §§ 1011-1015, is a United States federal law that exempts the business of insurance from most federal regulation, including federal antitrust laws to a limited extent.
In 1998, Clayton, Dubilier & Rice organized SIRVA to acquire North American Van Lines, Inc, one of the largest U.S. moving services companies by numbers of shipments, from Norfolk Southern Corporation. In 1999, the new firm acquired the Allied and Pickfords businesses from NFC plc, and was renamed Allied Worldwide. Several other acquisitions ...
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Highmark was created in 1977 and in the 1990s by the consolidation of two Pennsylvania licensees of the Blue Cross and Blue Shield Association — Pennsylvania Blue Shield (now Highmark Blue Shield) based in suburban Harrisburg, and Blue Cross of Western Pennsylvania based in downtown Pittsburgh (now Highmark Blue Cross/Blue Shield).
JC Flowers & Co. LLC and Protective Life Corp began to purchase the company but the deal was canceled for undisclosed reasons. [37] During the COVID-19 pandemic, in 2020, Primerica paid out $1.7 billion in death claims. This was a 15.8% increase over 2019. [38] The financial services company ended 2021 with $900 billion in active term life ...