Alexander Hamilton Life Insurance: Still In Business?

Alexander Hamilton Life Insurance Company of America was a life insurance company based in Farmington Hills, Michigan. It was purchased by Jefferson-Pilot Corporation for $575 million in 1995, which nearly doubled Jefferson-Pilot's assets to about $14 billion. Alexander Hamilton Life Insurance Company of America later merged with Jefferson Pilot Financial Insurance Company in 2000. The Missouri branch of the company is currently listed as inactive.

Alexander Hamilton Life Insurance Company of America is now known as Jefferson Pilot Financial Insurance Company

The Alexander Hamilton Life Insurance Company of America is now known as the Jefferson Pilot Financial Insurance Company. The original company was based in Farmington Hills, Michigan, and was purchased by Jefferson-Pilot Corporation for $575 million in 1995. The acquisition of the Alexander Hamilton Life Insurance Company of America nearly doubled Jefferson-Pilot's assets, increasing them to about $14 billion. The combined company's annual revenue from life insurance premiums rose by 89% from Jefferson-Pilot's previous level, and its annuity revenue was more than three times that of Jefferson-Pilot's alone.

The Alexander Hamilton Life Insurance Company of America was merged with and into Jefferson Pilot Financial Insurance Company, with the latter as the surviving entity. The merged company is a stock life insurance company that sells annuities and life insurance policies. It is authorised to operate in 49 states, Puerto Rico, the U.S. Virgin Islands, Guam, and the District of Columbia.

The original Alexander Hamilton Life Insurance Company of America was established in 1963 and began operations on October 31, 1964. It was a stock life insurance company organised under the insurance laws of the state of Michigan. The company was authorised to sell annuities and life insurance in Canada, the District of Columbia, and all states except New York.

The Jefferson Pilot Financial Insurance Company, originally known as the Chubb Life Insurance Company of America, was chartered in 1903 in Tennessee. In 1991, the company redomesticated to New Hampshire and became a New Hampshire life insurance company.

Alexander Hamilton Life Insurance Company of America was based in Farmington Hills, Michigan

The Alexander Hamilton Life Insurance Company of America was based in Farmington Hills, Michigan. It was purchased by the Jefferson-Pilot Corporation in 1995 for $575 million. The purchase of the company, which was based in Farmington Hills, Michigan, nearly doubled Jefferson-Pilot's assets, bringing them to about $14 billion. The acquisition of Alexander Hamilton Life Insurance Company of America was strategic for Jefferson-Pilot as it allowed the company to expand its reach in the Midwest and West, where Alexander Hamilton had a strong presence.

Alexander Hamilton Life Insurance Company of America was initially established in 1963 under the insurance laws of the State of Michigan and commenced operations on October 31, 1964. The company primarily sold annuity contracts and life insurance policies and was authorised to operate in Canada, the District of Columbia, and all US states except New York.

Following the acquisition, the combined company's annual revenue from life insurance premiums increased by 89%, and its annuity revenue more than tripled. The purchase of Alexander Hamilton Life Insurance Company of America was part of a broader trend of non-insurance companies divesting their insurance businesses to focus on their core operations.

As of 2000, Alexander Hamilton Life Insurance Co. of America merged with and into Jefferson Pilot Financial Insurance Co. The company is currently listed as inactive, with a last-known address of PO BOX 21008 GREENSBORO, NC 27420.

Alexander Hamilton Life Insurance Company of America was purchased for $575 million

The Alexander Hamilton Life Insurance Company of America was purchased by the Jefferson-Pilot Corporation for $575 million. The purchase of the company, which was based in Farmington Hills, Michigan, nearly doubled Jefferson-Pilot's assets, bringing them to about $14 billion. The acquisition included Alexander Hamilton's insurance business and radio and television stations.

The deal was announced in August 1995 and saw the combination of Jefferson-Pilot and Alexander Hamilton's operations, resulting in a significant increase in annual revenue from life insurance premiums and annuity revenue. This move was part of a broader trend of non-insurance companies divesting their insurance businesses to focus on their core operations.

Following the acquisition, the Alexander Hamilton Life Insurance Company of America merged with and into Jefferson Pilot Financial Insurance Co. and is currently listed as inactive. The last annual registration report for the company was filed in 2021.

Alexander Hamilton Life Insurance Company of America's former parent company wanted to focus on its core business of home-equity loans and credit cards

Alexander Hamilton Life Insurance Company of America was a subsidiary of Household International Inc., a company that primarily deals with home-equity loans and issues credit cards. In 1995, Household International Inc. sold Alexander Hamilton Life Insurance Company of America to Jefferson-Pilot Corporation for $575 million. The sale was part of Household International Inc.'s decision to focus on its core business of home-equity loans and credit cards.

Alexander Hamilton Life Insurance Company of America was based in Farmington Hills, Michigan, and had insurance business operations across the Midwest and West of the United States. The company was founded in 1963 and commenced operations on October 31, 1964. It was authorised to sell annuities and life insurance in Canada, the District of Columbia, and all states except New York.

The sale of Alexander Hamilton Life Insurance Company of America to Jefferson-Pilot Corporation nearly doubled the latter's assets, increasing them to about $14 billion. The combined company's annual revenue from life insurance premiums rose by 89% to $631 million, and its annuity revenue became more than three times that of Jefferson-Pilot's alone.

Following the acquisition, Alexander Hamilton Life Insurance Company of America merged with and into Jefferson Pilot Financial Insurance Co. The former's branch in Missouri had an inactive license status as of September 1, 2000.

Alexander Hamilton Life Insurance Company of America's former parent company was Household International Inc

Alexander Hamilton Life Insurance Company of America was formerly a subsidiary of Household International Inc. until 1995, when it was bought by Jefferson-Pilot Corporation for $575 million. The purchase of the unit, which was based in Farmington Hills, Michigan, nearly doubled Jefferson-Pilot's assets, bringing them to about $14 billion. The combined company's annuity revenue was more than three times that of Jefferson-Pilot's alone, and the acquisition of Alexander Hamilton helped Jefferson-Pilot expand its reach in the Midwest and West.

Following the acquisition, Alexander Hamilton Life Insurance Co. of America continued to operate as a subsidiary of Jefferson-Pilot, with its license status listed as "inactive" as of September 1, 2000. The company's address is listed as PO Box 21008, Greensboro, NC 27420.

In 2000, Alexander Hamilton Life Insurance Co. of America merged with and into Jefferson Pilot Financial Insurance Co. This merger was a non-survivor merger, meaning that Alexander Hamilton Life Insurance Co. of America ceased to exist as a separate entity, and its operations were fully integrated into those of Jefferson Pilot Financial Insurance Co.

As of 2024, there are no recent news reports or official announcements indicating that Alexander Hamilton Life Insurance Company of America is still in business as an independent entity. However, it is possible that the company continues to operate as a brand or division within Jefferson Pilot Financial Insurance Co. or its subsequent parent companies.

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