History
Prior to October 1981, all outstanding stock of United Investors Life was held by Waddell & Reed, Inc. (90 percent), the distributor and manager of the “United Group” of Mutual Funds, and its parent, Continental Investment Corporation (10 percent), a financial services holding company. At that time, Torchmark Corporation, through a subsidiary, acquired all three companies. In the first quarter of 1998, 81 percent of United Investors Life was acquired by affiliate company, Liberty National Life Insurance Company. The remaining 19 percent was contributed by Torchmark to Liberty National in 2006. In December 2010, Torchmark sold United Investors Life to Birmingham, Alabama-based Protective Life Corporation.
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Famous quotes containing the word history:
“A people without history
Is not redeemed from time, for history is a pattern
Of timeless moments.”
—T.S. (Thomas Stearns)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“It’s nice to be a part of history but people should get it right. I may not be perfect, but I’m bloody close.”
—John Lydon (formerly Johnny Rotten)