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News Releases - Corporate News

  • 8/26/13 12:00 pm EDT

    Sweepstakes includes four tickets to the Alabama Crimson Tide versus LSU Tigers football game on Nov. 9

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company, a life insurer headquartered in Birmingham, Ala., has announced the Ultimate Fan Experience sweepstakes as part of its sponsorship of the University of Alabama Crimson Tide football team. Featuring four tickets to the Alabama versus LSU football game on Nov. 9, the sweepstakes also includes four pre-game sideline passes, hospitality passes and University of Alabama fan packs. “Inmore...
  • 7/31/13 4:31 pm EDT
    • 13% growth in operating earnings per share over 2Q12
    • 40% growth in net income per share over 2Q12
    • Strong sales in all retail segments
    • On track to achieve the Company’s 2013 financial plan
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“PLC” or “the Company”) today reported results for the second quarter of 2013. Net income available to PLC’s common shareowners for the second quarter of 2013 was $103.2 million or $1.27 per average diluted share, compared to $76.2 million or $0.91 per average diluted share in the second quarter of 2012. After-tax operating income was $77.7 million or $0.96 per average diluted share, compared to $70.9more...
  • 7/31/13 3:46 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Protective Life Corporation (NYSE: PL) (“Protective”) declared a quarterly dividend of $0.20 per share. The Corporation’s Board of Directors declared the quarterly dividend to be paid September 3, 2013 to share owners of record at the close of business on August 14, 2013. ABOUT PROTECTIVE LIFE CORPORATION Protective Life Corporation provides financial services through the production,more...
  • 7/17/13 11:30 am EDT

    New tool provides enhanced resources to serve media needs

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) today announced that it has launched a new online newsroom on its website, www.protective.com. The newsroom will provide journalists with relevant and updated news and information in a concise, easy-to-navigate format. “Protective is a dynamic, evolving competitor in the insurance, retirement and asset protection product marketplace,” said Frank Sottosanti, chief marketing officer formore...
  • 7/12/13 8:00 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that Carolyn M. Johnson has resigned her position as Executive Vice President and Chief Operating Officer to pursue other opportunities. “Carolyn has been the architect of many positive changes in our company and operations. We appreciate her service and contributions to the Company and wish her well in the future,” said John D. Johns, Protective’s Chairman, Presidentmore...
  • 3/20/13 11:00 am EDT

    Unique features offer upside potential with downside protection

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company today announced the release of the Protective Indexed Annuity. The annuity includes a range of withdrawal charge schedules and three interest crediting strategies to help customers grow contract value over time. It also has available principal protection. “Less-than-favorable market conditions have consumers looking for low risk investment options which offer better returns than are available inmore...
  • 2/27/13 11:31 am EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) will participate in the upcoming Raymond James Institutional Investors Conference in Orlando, Florida on Wednesday, March 6, 2013. Carl S. Thigpen, Protective’s Executive Vice President and Chief Investment Officer, will discuss the Company’s results and strategic direction beginning at 9:50 a.m. Eastern time that day. A live webcast of the presentation will be available on themore...
  • 1/18/13 10:21 am EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) today announced that Scott Karchunas has assumed senior management responsibility for Protective’s Asset Protection Division, and will be president of Lyndon Insurance Group, Inc., a Protective subsidiary. Scott has been with Protective for 25 years and was previously responsible for sales and marketing, product management and business operations. Richard J. Bielen,more...
  • 11/15/12 3:38 pm EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) announced that Michael Temple has been appointed Executive Vice President and Chief Risk Officer of the Company effective Dec. 3. In his role, Temple will lead the Company’s Enterprise Risk Management (ERM) program, including risk culture and governance, modeling, and risk reporting. He will be a member of the Company’s executive leadership team, reporting to Chairman, Presidentmore...
  • 9/5/12 8:08 am EDT
    Protective, a life insurance company headquartered in Birmingham with more than 6 million customers nationwide, has announced that it is one of the sponsors of the 2012-2013 University of Alabama football season. Protective’s support of the National Championship Crimson Tide football team is the first collegiate athletics sponsorship for the company. “We are pleased to partner with the University of Alabama’s Nationalmore...

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