Group Life Insurance News
Crump Group, Inc. Announces Sale of Life and Property & Casualty Insurance Divisions to BB&T
Crump Group, Inc. announced today that its life insurance and property and casualty insurance divisions are being sold to BB&T along with the rights to the Crump name.
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BB&T to acquire Crump Group units for $570 million
BB&T Corp will acquire the insurance businesses of privately held Crump Group Inc. for $570 million in cash, the regional bank said Friday.The acquisition includes Crump Group's life insurance and property ...
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Fitch Upgrades CNO Financial's Ratings
Fitch Ratings has upgraded the ratings assigned to CNO Financial Group, Inc. and its core insurance subsidiaries. The ratings on CNO Financial's senior secured debt issue and Conseco Life Insurance Company remain unchanged.
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BB&T to Acquire P/C, Life Insurance Units of Wholesaler Crump Group
North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group. Under the terms of the agreement, BB&T said it will pay $570 million in cash for Crump Property/Casualty Insurance Services …
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MetLife Expands Offerings for Associations and Affinity Members with Enhanced Group Level Term Life Insurance Coverage
Members of associations and affinity groups are increasingly looking for value-added benefits from their relationships, including easy and affordable access to insurance products. MetLife, the largest life insurer in the United States, today announced that it has enhanced its Group Level Term Life Insurance portfolio for association and affinity groups.
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BB&T Will Buy Crump Units for $570 Million to Add Insurance
BB&T Corp., the ninth-largest U.S. bank by deposits, agreed to buy insurance units of Crump Group Inc. for $570 million to expand distribution of life coverage.
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Foundation Financial Group Inks Major Acquisition
JACKSONVILLE, Fla., Jan. 31, 2012 /PRNewswire/ -- Foundation Financial Group's insurance division has acquired B&R Insurance, securing its Florida customers who have personal and commercial insurance policies. ...
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BB&T Purchases Leading Wholesale Insurance Brokerage
WINSTON-SALEM, N.C., Feb. 3, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT - News) announced today that it has reached an agreement to acquire the life and property and casualty insurance operating divisions ...
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BB&T to Buy Crump Units for $570 Million to Build Life-Insurance Business
BB&T Corp. (BBT) , the ninth-largest U.S. bank by deposits, agreed to buy insurance divisions of Crump Group Inc. for $570 million in cash to expand distribution of life coverage.
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