Archive for July, 2001

FAMILY FINANCES Finding the life insurance that’s for you

A friend of ours bought a life insurance policy that sounded too good to be true. It had incredibly low premiums, paid a death benefit and also covered her if she became disabled. Knowing what we know about life insurance, we were suspicious. Unfortunately, we found the rub in the fine print. She had - […]

Indianapolis Life’s Prible retiring as CEO, Executive who helped guide insurer through merger with AmerUs Life Holdings to leave Oct. 31.

One of Indianapolis’ most visible business leaders, Larry R. Prible, will retire as president and chief executive officer of Indianapolis Life Insurance Co. effective Oct. 31 — a move that accompanied organizational changes announced Tuesday within the recently acquired company. Prible helped guide Indianapolis Life through a $368 million merger with Des Moines, Iowa-based Amer […]

Charleston, W.Va., Company Raises Capital to Operate Life Insurance Business

Jul. 2–Each year, West Virginians shell out more than $500 million on life insurance premiums. But do you know where that money goes? “Right now someone writes a check and it leaves the state,” said Steve Richmond, president of Mid-Atlantic Capital Corp. “No one here gets any benefit out of it.”Richmond hopes to change that. […]