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ailife.com. 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 University of Texas at Austin. Occupation (s) Founder of American Income Life Insurance Company. Founder of the Bernard and Audre Rapoport Foundation. Bernard Rapoport (July 17, 1917 – April 5, 2012) [1] was an American entrepreneur, philanthropist, author, and the founder of American Income Life Insurance Company.
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.
In 1994, TMK acquired American Income Life Insurance Company; [3] In 1998, TMK spun off Waddell and Reed Financial, a mutual fund subsidiary. [5] In 2006, TMK began moving its headquarters from Birmingham, AL to McKinney, TX. [2] In 2010, TMK sold United Investors Life Insurance Company (UIL) to Protective Life Corporation. [6]
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Co nsolidated N ational Se curity Co rporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States.
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [ 6 ] As of 2023, AIG employed 25,200 people. [ 2 ] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled ...
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