Life USA Buys Insurer To Advance LTC Push

Levin, Amanda
December 1998
National Underwriter / Life & Health Financial Services;12/14/98, Vol. 102 Issue 50, p42
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.


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