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AETNA ANNOUNCES INSURANCE MARKETING AGREEMENT WITH HUNTINGTON BANK.


HARTFORD, Conn.--(BUSINESS WIRE)--August 15, 1995--Aetna Life Insurance and Annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
 Company (ALIAC) and its Financial Institutions Marketing Group announced that it has reached a selling agreement with Huntington Insurance Agency Inc., which is a subsidiary of Huntington Bancshares Huntington Bancshares Inc. (NASDAQ: HBAN) is a $53 billion Midwestern bank holding company headquartered in Columbus, Ohio.[1] It is the 24th largest American bank. , Inc. Under this contract, Huntington Insurance will initially sell ALIAC life insurance products in Michigan.

Huntington Bancshares, with assets approaching $18 billion, is based in Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816.  and operates banking offices in Michigan, Indiana, Ohio, Pennsylvania, Florida, Kentucky and West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures


Area, 24,181 sq mi (62,629 sq km). Pop.
.

"We are delighted that Huntington Insurance has selected ALIAC and look forward to helping them meet the insurance and investment needs of their customers," said David M. Sanderford, ALIAC's Vice President/Financial Institutions Marketing.

"We are happy to be joining forces with Aetna," said William Browning William Brown (or Browne) may refer to (some of whom were also called 'Bill'): Politicians
  • William Brown (congressman) (1779-1833), U.S. Representative from Kentucky, 1819–1821
  • William J. Brown (Indiana) (1805-1857), U.S.
, President of Huntington Insurance. "The Aetna name is very well known and respected thorughout our market areas in the Midwest, and I am confident in our ability to achieve success with this new and important business relationship." Ken DiFrancesca, Regional Director/Financial Institutions Marketing for ALIAC, will coordinate the relationship between Huntington Insurance and ALIAC. Elaine Widmer, who serves as a Regional Vice President for ALIAC's Life Insurance Business Unit, will also play a key role with the new program at Huntington Insurance.

ALIAC, with assets of nearly $21 billion, is a wholy-owned subsidiary of Aetna Life and Casualty Company. Aetna is one of the nation's largest stockholder-owned insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 companies, with consolidated assets of $95 billion.

CONTACT: Aetna Life Insurance and Annuity Company

Andrew Schwartz, 203/275-3767

or

Huntington Insurance Agency

William Browning, 513/762-1831
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 15, 1995
Words:264
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