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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 ...
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 ...
The company reached a billion dollars of life insurance in force in 1951 and passed $7 billion in 1984. Pilot Life was also growing steadily when Jefferson Standard purchased controlling interest in the company in 1945. "The two companies joined forces under the new holding company, Jefferson-Pilot Corporation, in 1968.
Faked deaths: In this type of life insurance scam, the insured pretends to have died in order to collect the death benefit, either for themselves or a beneficiary. This fraudulent activity often ...
The final reason life insurance isn’t a scam is an unfortunate reality: some people die unexpectedly. These tragedies occur regardless of the person’s financial preparedness and can devastate ...
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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.
A new type of insurance scam, the STOLI, preying on the elderly, has begun to spread from the geriatric heartlands of Arizona and Florida. The Stranger-originated life insurance (STOLI) scam works ...