Wednesday, May 03, 2006
The Midland Company Acquires Southern Pioneer Life Insurance Company
The Midland Company, a highly focused provider of specialty insurance products and services, today announced that its wholly owned subsidiary, American Modern Insurance Group, reached an agreement to acquire all of the outstanding stock of Southern Pioneer Life Insurance Company. Southern Pioneer is a privately held insurance company, headquartered in Trumann, Arkansas. Southern Pioneer has written credit life and disability insurance since 1980 and its annualized credit insurance premiums are approximately $15 million. The acquisition is subject to regulatory approval and terms of the purchase were not disclosed.
The Midland Company Acquires Southern Pioneer Life Insurance Company
Source: RN Newswire
The Midland Company Acquires Southern Pioneer Life Insurance Company
Source: RN Newswire
Permalink posted by armandn @ 8:10 AM 
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