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In 1967, Pilot Life Insurance Co. and Jefferson Standard became Jefferson-Pilot Corporation. 800 Pilot Life employees moved into the Jefferson Standard Building and its 20-story addition in 1990. [2] [3] In 2008, Kisco Senior Living bought the Pilot Life buildings for $9.9 million. In January 2015, Kisco announced Pilot at Sedgefield, an ...
One year later Jefferson-Pilot assumed the company's life and annuity responsibilities and provided $250 million in related support. [8] Bankers Trust Company purchased nearly $225 million in real estate holdings from KCL. [9] Two Lexington media outlets, (WVLK-590 AM radio and WKYT-27 television), as well as WYMT-TV in Hazard, were also sold.
Following the acquisition of Jefferson-Pilot Corporation in March 2006, Lincoln Financial acquired group life, disability, and dental insurance divisions. Jefferson-Pilot Corporation was a Fortune 500 company based in Greensboro, North Carolina, founded in 1986 from the merger of Jefferson Standard Insurance (founded 1907 by Charles W. Gold and ...
Beneficiaries can claim life insurance policies at any time, but filing a claim as soon as possible is recommended to avoid potential delays. Life insurance provides peace of mind, ensuring loved ...
In the 1987 case Pilot Life Insurance Co. vs. Dedeaux, the Supreme Court ruled that people with employer-provided coverage do not have a right to sue their insurer for damages but rather only for ...
The media company began in 1945 as Jefferson Standard Broadcasting Company, Inc., which became Jefferson-Pilot Communications in 1968. The company was a media-centered division of the Jefferson Standard Insurance Company of Greensboro, North Carolina, which later merged with Pilot Life Insurance Company to form Jefferson-Pilot.
As Pilot Life challenged a disability insurance claim denial, the equitable remedies that are provided by ERISA might still have been available to Mr. Dedeaux despite this ruling, as ERISA provides several equitable Injunctive remedies to challenge denials of benefit claims, such mandating that the wrongfully denied benefit be provided.
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