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In September 2018, Ohio National announced an exit from most of the annuity market, and the layoff of approximately 300 of its then 1300 employees, [7] as part of a new focused growth strategy targeting the life insurance market. Ohio National continues to sell life insurance, disability insurance, and immediate annuities, and reaffirmed its ...
The department also determines if services and benefits offered by companies are consistent with insurance policy provisions and Ohio law, reviews and approves more than 6,200 company filings per year for life, accident, health, managed care, and property and casualty policy forms and rates. The Director of Insurance, who is appointed by the ...
Union Central Life Insurance Company was founded in Cincinnati, Ohio, in 1867. It was established as a mutual insurance company. Among its founders were Norman Wait Harris, founder of Harris Bank. [1] In 2005, it formed a mutual insurance holding company the Union Central Mutual Holding Company and converted the life insurance company to a ...
Medical Mutual of Ohio (MMOH) is an American mutual health insurance company. It is the oldest and largest health insurance company based in Cleveland, Ohio , and serves more than 1.6 million customers. [ 2 ]
In 2018, Western & Southern acquired the Gerber Life Insurance Company from Nestle for $1.55 billion, [13] [14] along with a long-term intellectual property license in connection with financial services. [15] In November 2019, Western & Southern Financial Group promoted John Bultema as CEO of Lafayette Life Insurance Co. [16]
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American Income Life Insurance Company (AIL) is an American unionized life insurance company that provides supplemental life insurance to labor unions, credit unions, and associations. The company was founded in 1951 and the executive offices have been located in Waco, Texas, since 1959. American Income Life is licensed in 49 states, the ...
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