Goodbye American Memorial

[jdeasy]

Seems another one bites the dust. Wonder what Securus will do now?

 

[rousemark]

Seems another one bites the dust. Wonder what Securus will do now?

Are they just pulling out of the FE business?

 

[jdeasy]

Are they just pulling out of the FE business?

I don't know. Do they have other products? Out of FE supposedly by Jan 1.

 

[sirherbie]

Looked into a contract 1 month ago and the Imo was told they were accepting no more appts. They were big player and would be a shock if they exit 100%. Maybe they'll be 100% pre need as they're big in that.

 

[rousemark]

I don't know. Do they have other products? Out of FE supposedly by Jan 1.

Don't know.. Always confuse them with AmAm... Tried Googling them and didn't pull up any results for a company website.. Petey says they are a big player but that sure doesn't make them appear to be.

 

[Rearden]

It's that time of year for companies to bow out, jump in, and revamp their underwriting and premium levels.

Wonder what else is coming down the pike?

 

[goillini52]

Don't know.. Always confuse them with AmAm... Tried Googling them and didn't pull up any results for a company website.. Petey says they are a big player but that sure doesn't make them appear to be.

They're owned by Assurant. They're pulling out of O'bamacare too.

 

[donamese]

Tried Googling them and didn't pull up any results for a company website.. Petey says they are a big player but that sure doesn't make them appear to be.

Nothing I can find online. Even Securus website does not mention it and it looks like they keep notifications on their homepage. They posted back in October that they are not with Oxford anymore and NGL has a hiring freeze so I would think they would have something up there if American Memorial was cut.

 

[sirherbie]

Why does Ngl have a hiring freeze? Its not like everyones running to sell their GI. I wonder if they're going to be exiting the Gi Market? I would find that hard to believe since their 50% plus higher priced than Gerber.

 

[Todd King]

Why does Ngl have a hiring freeze? Its not like everyones running to sell their GI. I wonder if they're going to be exiting the Gi Market? I would find that hard to believe since their 50% plus higher priced than Gerber.

Yes, they are getting rid of the GI product, to my knowledge.