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Atlas Assurance Company was a British life and fire insurance company established at the beginning of the 19th century in England. [2] Its headquarters were in London, and it had several branches around the world, including Buenos Aires, [3] Manila, Berlin and Washington, D.C. [4] Fire mark for Atlas Assurance Company
In 1991, State Mutual Insurance Company purchased Atlas Life Insurance Company and moved all its operations to Georgia. [2] The Pearson Group acquired the building in 1997 from Tulsa Public Schools. On January 6, 2006, the building was sold by the Pearson Group to Navajo Properties LLC, a company affiliated with investor Maurice Kanbar. [3]
PCMS’ software, Atlas, was launched in 1999 and re-architected in 2020. Atlas is a cloud-based platform designed to handle all core processing needs for small to mid-size property & casualty insurance carriers from; underwriting, claims adjudication, billing & accounting, reporting, along with maintaining communication between key insurance stakeholders via a flexible portal. [5]
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 the United States by 1989.
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.
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Herndon then consolidated his investments into the Atlanta Mutual Insurance Association, adding two other firms, the Royal Mutual Insurance Company, and the National Laborer's Protective Union. [3] In 2008, William A. Clement, Jr. was appointed as President & CEO of the Atlanta Life Financial Group, Inc., and served for three years in that ...
In 1933 this company reinsured the Dixie-Atlas-Republic Insurance Company, Nashville, Tennessee. [citation needed] In 1936 Lincoln Life and Accident Insurance Company, a Muskogee or Oklahoma City, Oklahoma insurance company merged with Income Life of Louisville, Kentucky, under the name of Lincoln Income Life Insurance Company.