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Who bought out independent life insurance?

By Olivia Norman |

The American General Corporation
The American General Corporation agreed yesterday to acquire Independent Insurance Group Inc. for $27.50 a share, or $362 million.

Which life insurance company is reliable?

Compare the Best Life Insurance Companies

CompanyAM Best RatingPolicies Offered
New York Life Best Term PoliciesA++Term, whole, and universal
Mutual of Omaha Best for No Medical ExamsA+Term, whole, universal, children’s, and accidental death
USAA Best for MilitaryA++Term and permanent

Who Bought United States Life Insurance Company?

the American General Corporation
It was acquired by the American General Corporation in 1997 and became a member of the American General Financial Group (AGFG).

Who is the independence American life insurance company?

Independence American Insurance Company (Independence American) is a member of the Independence Holding Company (NYSE: IHC) Group, including Madison National Life Insurance Company, Inc. and Standard Security Life Insurance Company of New York. We have been in business since 1973,…

Where is the independent life and Accident Insurance Company?

THE INDEPENDENT LIFE AND ACCIDENT INSURANCE COMPANY ONE INDEPENDENT DRIVE JACKSONVILLE, FL 32276 Address 2929 ALLEN PARKWAY HOUSTON, TX 77019 ONE INDEPENDENT DR JACKSONVILLE, FL 32750 2929 ALLEN PARKWAY HOUSTON, TX 77019 AMERICAN GENERAL CENTER NASHVILLE, TN AMERICAN GENERAL CENTER NASHVILLE, TN 37250 AMERICAN GENERAL CENTER NASHVILLE, TN 37250

Who are the owners of American independence Corp?

American Independence Corp. (AMIC) is an insurance holding company specializing in managed care. Headquartered in New York, AMIC has been affiliated with Independence Holding Company since 2002. Currently, IHC owns approximately 90 percent of AMIC’s stock, and IHC’s senior management provides management expertise to AMIC.

What kind of insurance does independence insurance write?

Independence American Insurance Company is domiciled in Delaware and licensed to write property and/or casualty insurance in all 50 states and the District of Columbia. Its products include short-term medical, hospital indemnity, fixed indemnity limited benefit, group and individual dental, and pet insurance.