Corporate changes: the consolidation of the life/health industry continued in 2001. (Life/Health).The pace of consolidation picked up in the life/health industry in 2001, as the number of mergers nearly doubled from the year before. Twenty-nine mergers took place in 2001, up from 17 mergers in 2000. This trend is further supported by the number of life/health insurers changing their names to reflect affiliations. This year's corporate changes study, based on filings and A.M. Best Co. data, shows 25 name changes in 2001, which held steady from the prior year's 24. Seven companies ceased operations in 2001, and six insurers redomesticated. All changes occurred in 2001, unless otherwise noted. Mergers and Retirements Arbor Life Insurance Co., Phoenix, was dissolved. Bankers American Life Assurance Co., Syracuse, N.Y, was merged into First Fords Insurance Co. Bankers United Life Assurance Co., Cedar Rapids Cedar Rapids, city (1990 pop. 108,751), seat of Linn co., E central Iowa, on the Cedar River; inc. as a city 1856. The second largest city in Iowa, it is named for the surging rapids in the river. , Iowa, was merged into Life Investors Insurance Company of America, effective in December. Berkshire Life Insurance Co., Pittsfield, Mass., was merged into Guardian Life Insurance Company of America The Guardian Life Insurance Company of America (GLICOA) is a Fortune 1000 company founded in 1860 in New York, New York. It is the fourth largest mutual life insurance company in the United States of America. . Chapparal Life Insurance Co., Phoenix, was dissolved, effective in March. CLA CLA, n.pr See acid, conjugated linoleic. Assurance Co., Des Moines, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, , was merged into Indianapolis Life Insurance Co. CNA (Certified NetWare Administrator) See Novell certification. Group Life Assurance Co., Chicago, was merged into American Continental Life Insurance Co. Concordia Life Insurance Co., Toronto, was merged into Empire Life Insurance Co. in 2002. Electric Mutual Benefit Association, Salt Lake City, was dissolved, effective in March. Fortune Life Insurance Co., Phoenix, was dissolved. Free Sons of Israel, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , merged into Workmen's Benefit Fund of the USA. Frontier National Life Insurance Co., Cleveland, was merged into Conseco Health Insurance Co. General Life Insurance Company of America, Edwardsville, Ill., was merged into General Life Insurance Co. Grand Pacific Life Insurance Co. Ltd., Honolulu, was merged into Sterling Investors Life Insurance Co. GuideOne America Life Insurance Co., Phoenix, was merged into GuideOne Life Insurance Co. Harris Methodist Health Insurance Co., Arlington, Texas Arlington is a city in Tarrant County, Texas (USA) within the Dallas-Fort Worth-Arlington metropolitan area. According to a U.S Census Bureau release, as of July 1, 2006 Arlington has an estimated population of 367,197. , was dissolved. Health Net Life Insurance Co., Woodland Hills, Calif., was merged into Foundation Health Systems Life & Health Insurance Co. Humana Insurance Co., Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo., was merged into Employers Health Insurance Co. Imperial General Life Insurance Co., St. Louis, was merged into American Founders Life Insurance Co. Imperial Life Assurance Company of Canada, Levis, Quebec, was merged into Desjardins-Laurentian Life Assurance Co., effective in December. Kansas Farm Bureau Life Insurance Co., Manhattan, Kan., was merged into Farm Bureau Life Insurance Co. MFC (Microsoft Foundation Class) An application framework for writing Microsoft C/C++ and Visual C++ applications. See application framework. MFC - Microsoft Foundation Class Insurance Co. Ltd., Scarborough, Ontario This article is about the Toronto borough and former Canadian municipality. For other places, see Scarborough. Scarborough is the area that forms the eastern part of the City of Toronto, Ontario, Canada. , was merged into Manulife. Milwaukee Life Insurance Co., Brookfield, Wis., was merged into NGL NGL - A dialect of IGL. American Life Insurance Co. Nacolah Life Insurance Co., Chicago, was merged into North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Company for Life & Health Insurance. North West Life Assurance Company of America, Bellingham, Wash., was merged into Reassure America Life Insurance Co. Paul Revere Revere, city (1990 pop. 42,786), Suffolk co., E Mass., a residential suburb of Boston, on Massachusetts Bay; settled c.1630, set off from Chelsea and named for Paul Revere 1871, inc. as a city 1914. Protective Life Insurance Co., Wilmington, Del., was merged into Paul Revere Life Insurance Co. Paula Assurance Co., Pasadena, Calif., was liquidated. Pierce National Life Insurance Co., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , was merged into Fortis Benefits Insurance Co., effective in July. Swiss Re Life & Health America Inc., Armonk, N.Y., was merged into Life Reassurance Corporation of America. Teton National Insurance Co., Lone Tree, Colo., was merged into American Founders Life Insurance Co. TexasRe Life Insurance Co., Dallas, was merged into Life Reassurance Corporation of America, effective in January. United Presidential Life Insurance Co., Kokomo, Ind., was merged into Conseco Life Insurance Co. Universal Assurors Life Insurance Co., West Des Moines, Iowa West Des Moines is a city in Polk, Dallas, and Warren counties in the U.S. state of Iowa. As of the 2000 census, the city population was 46,403; a special census taken in the spring of 2005 counted 51,744 residents. , was dissolved. Vulcan Life Insurance Co., Carmel, Ind., merged into Conseco Annuity Assurance Co. Wabash Life Insurance Co., Carmel, Ind., was merged into Washington National Insurance Co. Washington Life Insurance Company of America, Lafayette, La., was merged into American Founders Life Insurance Co. Name Changes Aetna Life Insurance & Annuity Co., Hartford, Conn., changed its name to ING Life Insurance & Annuity Co. in 2002. American Continental Life Insurance Co., Kansas City, Mo., changed its name to CNA Group Life Assurance Co. American Fidelity & Liberty Insurance Co., Warrington, Pa., changed its name to AF&L Insurance Co., effective in March. Bankers & Farmers Life Insurance Co., Richardson, Texas, changed its name to First Command LIC LIC Low Intensity Conflict LIC License LIC Licenciado (Spanish) LIC Long Island City LIC Life Insurance Corporation of India LIC Licensed Internal Code LIC Local Independent Charities of America LIC Line Integral Convolution . College Life Insurance Company of America, Dallas, changed its name to Americo Financial Life & Annuity Insurance Co. Cova Financial Life Insurance Co., Newport Beach, Calif., changed its name to MetLife Investors Insurance Company of California. Desjardins-Laurentian Life Assurance Co., Levis, Quebec, changed its name to Desjardins Financial Security, effective in December. East Funeral Benefit Insurance Co., Richardson, Texas, changed its name to Good Samaritan Life Insurance Co. Employers Health Insurance Co., DePere, Wis., changed its name to Humana Insurance Co. Inc. in 2002. First Cova Life Insurance Co., New York, changed its name to First MetLife Investors Insurance Co. First ING Life Insurance Company of New York, New York, changed its name to National Security Life & Annuity Co. in 2002. Foundation Health Systems Life & Health Insurance Co., Woodland Hills, Calif., changed its name to Health Net Life Insurance Co. Great Lakes Life & Health Insurance Co., Indianapolis, changed its name to Renaissance Life & Health Insurance Co., effective in September. Healthsource Insurance Co., Chattanooga, Tenn., changed its name to Berkshire Life Insurance Company of America. International Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Co., New Orleans, changed its name to Inreco International Reinsurance Co. Life Reassurance Corporation of America, Stamford, Conn., changed its name to Swiss Re Life & Health America Inc. Mission American Life Insurance Co., Houston, changed its name to Guaranty Insurance & Annuity Co. PaineWebber Life Insurance Co., San Francisco, changed its name to UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System PaineWebber Life Insurance Co. PFL 1. (language) PFL - A concurrent extension of ML by Holmstrom and Matthews, using CCS. ["PFL: A Functional Language for Parallel Programming", S. Holmstrom in Proc Declarative Language Workshop, London 1983]. 2. Life Insurance Co., Cedar Rapids, Iowa, changed its name to Transamerica Life Insurance Co. Phoenix American Life Insurance Co., Hartford, Conn., changed its name to GE Group Life Assurance Co., effective in January Phoenix Home Life Mutual Insurance Co., East Greenbush, N.Y., changed its name to Phoenix Life Insurance Co. and converted from a mutual to a stock company Provident National Assurance Co., Chattanooga, Tenn., changed its name to Allstate Assurance Co. and redomesticated to Illinois. Rocky Mountain Hospital & Medical Service, Denver, changed its name to Anthem Health Plans of Colorado. Thomas Jefferson Life Insurance Co., Purchase, N.Y., changed its name to Fidelity & Guaranty Life Insurance Company of New York in 2002. Unified Life Insurance Co., Houston, changed its name to Americom Life & Annuity Insurance Co. Redomestications American Family Life Assurance Company of Columbus, Columbus, Ga., was redomesticated to Nebraska from Georgia. Foundation Health Systems Life & Health Insurance Co., Pueblo, Cob., was redomesticated to California from Colorado. Healthsource Insurance Co., Chattanooga, Tenn., was redomesticated to Massachusetts from Tennessee. Liberty Bankers Life Insurance Co., Milwaukee, was redomesticated to Iowa from Wisconsin. Security-Connecticut Life Insurance Co., Avon, Conn., was redomesticated to Minnesota from Connecticut. Transamerica Occidental Life Insurance Co., Los Angeles, was redomesticated to Iowa from California. |
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