Colorado Bankers Life Sold To Southland National

Jul 2, 2015

  1. Newby
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    Newby Guru

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    I know that they were never approved by the state of Ohio on the sale of Cincinnati Equitable. It drug on for over a year and Cincinnati pulled out when it became obvious the buyers had serious issues that the insurance regulators were uncovering.
     
    Newby, Apr 13, 2019
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  2. Allen Trent
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    I believe you are accurate. I believe the regulators had issue with the buyer or how much they were agreeing to pay. Maybe the regulators could see more about the buyers ability to stay the course, especially considering how soon after that the buyers are not wholesale selling all of their insurance operations
     
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