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The Heart of the Problem
How the Policyholders Come Out
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acquisition actual Aetna agents American Life Insurance ance companies assets Association Average of Three Best's buyer capital Casualty Company certificates of deposit CNA FINANCIAL CORPORATION company's conglomerates Connecticut Connecticut Mutual Continental Assurance Corp Corporation Integon cost diversification dividends enterprise Equity established stock Financial Corporation Fire Insurance Company Flitcraft funds holding company industry Insurance Agency insurance business Insurance Commissioner Insurance Company American Insurance Corporation Insurance Department Investors issue LIBERTY CORPORATION Loan Management Company ment merger million Montgomery Ward motivations mutual life insurance National Life Insurance National Underwriter nonparticipating policies Northwestern Mutual operations ownership panies participating life insurance participating policies participating policyholders percent profits public interest purchase Realty regulatory Reinsurance Reliance Insurance Company Service Corporation shares stock life insurance stockholders subsidiary surance surplus Systems Three Mutual Companies Three Stock Companies tion Title Insurance Title Insurance Company TRANSAMERICA CORPORATION Whole Life policies WLAC York