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Primerica is the parent company of National Benefit Life Insurance Company, Primerica Life, Peach Re, and Vidalia Re. [7] [10] Primerica acquired e-Telequote in July 2021. [11] [12] The company that would become Primerica was founded in 1981. Primerica had its initial public offering in 2010.
World Financial Group ( WFG) is a multi-level marketing [4] financial and insurance services company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico. [5] [6] It is wholly owned by Dutch life ...
Cited on Wikipedia, a 2012 source for the MLM claim about Primerica comes from Ryan Chittum, in the Columbia Journalism Review. The only spot in his piece mentioning Primerica says, “1988: Weill buys Primerica, a sketchy multilevel-marketing (pyramid style) firm that sells term life insurance.”.
In 1998, Primerica had net income of $398 million (on net sales of $1.65 billion), nearly double its 1994 $209 million net income (on net sales of $1.28 billion). Speaking of his approach in business, Plumeri said: I am an emotional person with a lot of drive, and that has caused some problems in my career.
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The New York Department of Insurance has fined National Benefit Life, a subsidiary of Primerica Life Insurance Co. and a member of the Travelers group, $500,000 for submitting false pre-licensing certificates of education for 80 of its agents. "N.Y. imposes $500,000 fine on Primerica Life subsidiary" King, Carole.
Sam Goody is a music and entertainment retailer in the United States and United Kingdom, operated by The Musicland Group, Inc. It was purchased by Best Buy in 2000, sold to Sun Capital Partners in 2003, and filed for bankruptcy in 2006, closing most of its stores.
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