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Utica Mutual Insurance Company Receives 2023 Company Award of Excellence from the National Association of Professional Insurance Agents (PIA)

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星期一, 九月 25, 2023

WASHINGTON, Sept. 25, 2023 /PRNewswire/ -- The National Association of Professional Insurance Agents (PIA) has named Utica Mutual Insurance Company, the lead company of the Utica National Insurance Group, as the recipient of its prestigious 2023 Company Award of Excellence.

Key Points: 
  • WASHINGTON, Sept. 25, 2023 /PRNewswire/ -- The National Association of Professional Insurance Agents (PIA) has named Utica Mutual Insurance Company, the lead company of the Utica National Insurance Group, as the recipient of its prestigious 2023 Company Award of Excellence.
  • Utica National Insurance Group is a nationally recognized group of insurance companies, providing personal and commercial insurance products and services.
  • The member companies of Utica National sell their products through more than 2,500 independent insurance agents and employ more than 1,300 people countrywide.
  • Utica Mutual Insurance Company was founded in 1914 and is headquartered in New Hartford, New York.

Pan-American Life Insurance Group Completes Merger of Mutual Trust Life Insurance Company into Pan-American Life Insurance Company

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星期一, 一月 9, 2023

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that it has completed the merger of Mutual Trust Life Insurance Company®, a Pan-American Life Insurance Group Stock Company, into Pan-American Life Insurance Company (PALIC) as a fully integrated division named Mutual Trust Life Solutions, effective December 31, 2022.

Key Points: 
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that it has completed the merger of Mutual Trust Life Insurance Company®, a Pan-American Life Insurance Group Stock Company, into Pan-American Life Insurance Company (PALIC) as a fully integrated division named Mutual Trust Life Solutions, effective December 31, 2022.
  • “This consolidation further strengthens our position as a premier life, accident and health insurance provider in the Americas,” said José S. Suquet, Chairman of the Board and CEO of Pan-American Life Insurance Group.
  • “The full integration of Mutual Trust solidifies Louisiana-domiciled Pan-American Life Insurance Company’s market leadership position with increased scale, greater financial strength, a sterling ratings profile and enhanced growth opportunities.”
    As a fully integrated division of Pan-American Life, Mutual Trust Life Solutions will continue to operate from its existing offices in Oak Brook, Illinois, with no resulting changes to distribution channels or product portfolio.
  • Geri Gaughan, will continue to lead Mutual Trust Life Solutions as President and Chief Operating Officer.

Pan-American Life Insurance Group Announces Merger of Mutual Trust Life Insurance Company into Pan-American Life Insurance Company

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星期一, 二月 21, 2022

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock Company, will be merged into Pan-American Life Insurance Company (PALIC) as a fully integrated division to be named Mutual Trust Life Solutions.

Key Points: 
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock Company, will be merged into Pan-American Life Insurance Company (PALIC) as a fully integrated division to be named Mutual Trust Life Solutions.
  • The process will entail a re-domestication or change in corporate domicile of Mutual Trust Life Insurance Company from Illinois to Louisiana, where Pan-American Life Insurance Company is domiciled.
  • The merging of Mutual Trust into PALIC is a natural and final step in the full integration of our life insurance business and portfolio, a process that began in 2015 when Mutual Trusts holding company was merged into Pan-American Life Mutual Holding Company.
  • Pan-American Life Insurance Group (PALIG) is a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.