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Liquidation is the last resort. It’s only used when rehabilitation or other corrective measures fail to stabilize the company’s finances. ... Colorado Bankers Life Insurance Co., Bankers Life ...
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance , annuity and supplemental health insurance products to more than four million customers in the United States .
The Bankers Life and Casualty Company was established in 1932 as a mutual life insurance company in Chicago, Illinois. [6] In contrast to most other life insurance companies, whose costs included salaries for accountants, sales agents, officers, and actuaries, Bankers Life minimized its overhead as a means of undercutting the monthly insurance premiums of its competitors.
John D. MacArthur, former president, chairman of the board, and chief executive officer of Bankers Life [20] Michael McCallister , chief executive officer of Humana from 2000 to 2012 [ 21 ] William W. McGuire , chief executive officer of UnitedHealth until he stepped down along with director William G. Spears following a U.S. Securities and ...
Following his increased activity in the insurance industry in 2014, Lindberg began spending significantly more money on his private life than he had previously done. He purchased homes in Idaho and the Florida Keys, as well as making the largest-ever purchase for a private home in Raleigh, North Carolina. [47]
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
Mortgage bankers are often confused with mortgage brokers, but they’re very different. A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders.
MacArthur made his fortune in the mail-order insurance business. [3] He acquired the Bankers Life and Casualty Company, an insurance company defeated by the Great Depression, in 1935 after borrowing $2,500, [3] [4] then went on to build a business empire by acquiring many small insurance corporations.