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Protective Life Insurance Company was founded in 1907 and paid its first death claim in 1909. In 1927, Protective merged with Alabama National Insurance Company, and Alabama National's president, Samuel Clabaugh, became the president of the combined companies which continued to do business as Protective.
A.M. Best Comments on Protective Life Corporation's Planned Acquisition of MONY Life Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has commented that the ratings of Protective ...
In January 2016, Protective Life acquired parts of the company for $661 million. [33] [34] In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. [35] [36] In June 2016, the company sold its term life insurance platform to Pacific Life. [37]
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In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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United Investors Life Insurance Company (UILIC) was an American life insurance company based in Birmingham, Alabama. It provided individual life insurance and annuity products . The Company became a wholly owned subsidiary of Protective Life Corporation in 2010 and was eventually merged with its parent company.
Protective Life Insurance Company Introduces Protective Indexed Annuity Unique features offer upside potential with downside protection BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life ...