Archive for July, 2005

Scandals of Meiji Yasuda Life Insurance casting dark shadow

Jul. 20 TOKYO The disclosure of payout scandals involving Meiji Yasuda Life Insurance Co. twice in half a year is casting a dark shadow over an industry plagued with offensives from foreign-affiliated life insurers. In addition, the company’s illegally withholding policy payouts is a serious problem rocking the very foundation of the life insurance industry, […]

The time of their life - Pekin Life Insurance Co. continues to hit ‘milestone after milestone’

Pekin - It seemed like a natural fit.In the mid-1960s, the idea of a property/casualty company venturing into other territory such as life insurance was taking root among the board of directors at The Farmers Automobile Insurance Association, later known as Pekin Insurance. The idea quickly became reality and a new subsidiary called Pekin Farmers […]