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The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway , before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
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.
Protective to Acquire MONY and Reinsure Certain Policies of MLOA for $1.06 Billion BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (NYS: PL) ("Protective") today announced that its ...
Protective Completes Acquisition of MONY and Reinsurance of Certain Policies of MLOA BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (NYS: PL) ("Protective") today announced that ...
Additionally, Mony's president and CEO, Samuel J. Foti (who joined the company in 1988 from the Metropolitan Life Insurance Company), [2] may get as much as $16.4 million; the chief investment officer, Kenneth M. Levine (who joined MONY in 1972), [2] as much as $12.7 million; and the chief financial officer, Richard Daddario, as much as $9.13 ...
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