Liberty National Life Insurance Company: Difference between revisions
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In [[1960]], [[Frank P. Samford Jr]] took over the Presidency of the company. In that decade, cancer policies were introduced. In the 1970s Liberty National acquired Globe Life and Accident and created Torchmark Corporation as a holding company. | In [[1960]], [[Frank P. Samford Jr]] took over the Presidency of the company. In that decade, cancer policies were introduced. In the 1970s Liberty National acquired Globe Life and Accident and created Torchmark Corporation as a holding company. | ||
In [[1979]], following the move of [[Blue Cross Blue Shield of Alabama]] to [[Riverchase]], the city of [[Birmingham]] switched its 3.6 million dollars worth of employee health insurance plans to Liberty National. | |||
== External links == | == External links == | ||
Revision as of 10:20, 22 June 2014
Liberty National Life Insurance Company is an insurance provider subsidiary of the Torchmark Corporation. It was the original firm, founded as the Heralds of Liberty in Birmingham in 1900, from which Torchmark emerged as a holding company in the 1970s.
In 1944, the company acquired Brown-Service, a home service insurance company, and it then purchased the Family Reserve Insurance Company in 1950. In 1956, Liberty National president Frank P. Samford Sr commissioned Archer and Lee Lawrie to create a one-fifth size bronze replica of the Statue of Liberty for the top of the Liberty National Building on 20th Street South. It was installed on September 13, 1958 and, beginning in 1962, regular tours hosted by "Liberty Belles" were made available to the public.
In 1960, Frank P. Samford Jr took over the Presidency of the company. In that decade, cancer policies were introduced. In the 1970s Liberty National acquired Globe Life and Accident and created Torchmark Corporation as a holding company.
In 1979, following the move of Blue Cross Blue Shield of Alabama to Riverchase, the city of Birmingham switched its 3.6 million dollars worth of employee health insurance plans to Liberty National.