TITLE

Life USA Buys Insurer To Advance LTC Push

AUTHOR(S)
Levin, Amanda
PUB. DATE
December 1998
SOURCE
National Underwriter / Life & Health Financial Services;12/14/98, Vol. 102 Issue 50, p42
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that Minnesota-based Life USA Holding Inc. will buy Michigan-based Capitol Bankers Life Insurance Co. from Life Reassurance Corp. of America in order to boost its long-term care (LTC) insurance business. Financial impact of the acquisition on Life USA; Capitol Bankers' change of name to LTC America Insurance Co.
ACCESSION #
1404080

 

Related Articles

  • Life USA to make big push in long term care market. Levin, Amanda // National Underwriter / Life & Health Financial Services;8/24/98, Vol. 102 Issue 34, p2 

    Reports that Life USA Holding Inc. plans to enter the long-term care insurance market in the United States. Details of the company's long-term care business plans; Company background.

  • Consolidation, Stricter Underwriting Mark LTC Insurance Industry In '03. De Simone, Marcella // National Underwriter / Life & Health Financial Services;12/22/2003, Vol. 107 Issue 51, p8 

    Offers a look at the condition of long term care (LTC) insurance in the U.S. Consolidation in the industry; Introduction of stricter guidelines for underwriting; Growth in employer group discounted plans; Maturation of the LTC insurance industry.

  • F&I guru sheds the business that made him. Harris, Donna Lawrence // Automotive News;5/13/1996, Vol. 70 Issue 5659, p4 

    Reports that Patrick Ryan of Aon Corporation will sell the Ryan Dealer Group to the group's senior management team and Life Reassurance Corporation of America. Undisclosed price of transaction; When transaction will be completed; Aon Corporation's annual revenues; Benefits of acquisition; Terms...

  • Deal for Long-Term-Care Size. Gjertsen, Lee Ann // American Banker;11/25/2003, Vol. 168 Issue 227, p10 

    MetLife Inc.'s planned purchase of New York-based Teachers Insurance & Annuity Association College Retirement Equities Fund (TIAA-CREF) long-term-care insurance business would give it additional scale in a product line that one executive said is very important to the insurer's vision. TIAA-CREF...

  • The New Face of Long-Term Care Insurance. Gregg, David // Advisor Today;Jul2004, Vol. 99 Issue 7, p56 

    Discusses trends in the long-term care insurance (LTCI) sector in the United States. Consolidation of companies; Increase in insurance rates; Product changes; Insurers' re-evaluation of their positions regarding LTCI; Sales performance.

  • Life Re exists group A&H market. Niedzielski, Joe // National Underwriter / Life & Health Financial Services;11/10/97, Vol. 101 Issue 45, p64 

    Reports that Life Re Corporation will discontinued its group accident and health and special risk poll reinsurance market. Information on the company's group accident and health and special risk business; Comments from Rodney Hawes, Life Re chairman; Why the company has discontinued its...

  • Life USA's spate of agreements A `bet on agents.' Connolly, Jim // National Underwriter / Life & Health Financial Services;5/13/96, Vol. 100 Issue 20, p23 

    Reports on the acquisition of Tax Planning Seminars, a life insurance and annuity marketing organization in Voorhees, New Jersey by Robert MacDonald, chairman and chief executive of Life USA Holding. Formation of LifeUSA Securities, a broker/dealer subsidiary; Life USA's marketing agreements...

  • Allianz Life To Buy Life USA. D'Allegro, Joseph // National Underwriter / Life & Health Financial Services;5/24/99, Vol. 103 Issue 21, p30 

    Reports that Allianz Life Insurance Company of North America has signed an agreement to purchase all outstanding shares of Life USA Holding Inc. Costs of the shares; Terms of the deal; Comments from company officials.

  • Life & Health.  // Insurance Advocate;12/06/97, Vol. 108 Issue 48, p33 

    Presents news briefs on life and health insurance-related issues in the United States as of December 6, 1997. Signing of the Long Term Care Integration and Finance Act of 1997 as Chapter 659 of the Laws of 1999 in New York; Acquisition of Western Indemnity Insurance Company by Frontier...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics