Who took over Home Beneficial life insurance?

Who took over Home Beneficial life insurance?

American General Corp.
American General Corp. announced on Monday an agreement to pay $665 million, or $39 a share, for Home Beneficial Corp., in the latest sign of life-insurance industry consolidation.

Who owns Beneficial life?

Deseret Management Corporation
Beneficial Financial Group

Beneficial Financial Group Tower, also known as the Gateway Tower West, at City Creek Center in Salt Lake City
Products Whole and Universal Life, Annuities, and Disability Insurance
Revenue $600 million USD (2005)
Operating income $42.5 million USD (2005)
Owner Deseret Management Corporation

How do I contact American General life insurance?

Contact Us

  1. AIG Direct Sales. (800) 294-4544. Monday – Friday. 6:00 am to 6:00 pm (PST) Saturday. 7:00 am to 4:00 pm (PST)
  2. AIG Direct Customer Service. (888) 517-9797. Monday – Friday. 7:00 am to 5:00 pm (PST)
  3. General. Contact Info. AIG Direct. 9640 Granite Ridge Drive, Suite 200. San Diego, CA 92123. (858) 309-3000.

Is Conseco insurance out of business?

US insurance and finance company Conseco Inc became the third largest bankruptcy in US history last night after filing for protection from its creditors.

What happened Beneficial Finance?

Beneficial downsized this business and emphasized its second mortgage business. In 1998, the company was purchased by Household International, Inc., for about $8.25 billion in stock….Beneficial Corporation.

Industry Consumer finance
Founded 1914 as Beneficial Loan Society
Fate Purchased by Household International, Inc.

Is AIG legit?

AIG scored below the industry average for customer satisfaction in the 2020 J.D. Power U.S. Life Insurance Study. The insurer ranked No. 15 overall out of 23 companies included in the survey.

What happened Conseco Finance?

Conseco – based in the Indianapolis suburb of Carmel – is $6.5bn (£4.06bn) in debt and facing a federal investigation of its accounting practices. The company negotiated terms before filing for chapter 11 protection at a US bankruptcy court in Chicago, said Conseco spokesman Mark Lubbers.