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  • 10/19/09 7:02 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company (“Protective”) confirmed today that on October 1, 2009 it acquired the service contract business of Prizm Group, Inc. (“Prizm”), located in Denver, Colorado. Protective, through its Asset Protection Division, is a leader in underwriting, administering and marketing products to automobile dealers, including extended service contracts, GAP coverage, and creditmore...
  • 10/15/09 2:59 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (“Protective”) (NYSE: PL) confirmed today that on October 9, 2009 it closed on offerings of $400 million of its senior notes due in 2019, $100 million of its senior notes due in 2024, and $300 million of its senior notes due in 2039, for an aggregate principal amount of $800 million. Protective used the net proceeds to purchase $800 million of newly issued surplusmore...
  • 10/12/09 3:11 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) will announce third quarter 2009 results on Wednesday, November 4, 2009. The company will hold a conference call for management to discuss third quarter results on Thursday, November 5, 2009 at 10:00 a.m. Eastern. Those interested in listening to the live webcast of the conference call may access it through Protective’s website. Listeners should log on to www.protective.more...
  • 9/8/09 4:42 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) today announced that Richard J. Bielen, Vice Chairman and Chief Financial Officer of the Company, will be presenting at the 2009 Barclays Capital Global Financial Services Conference being held in New York City, NY. Mr. Bielen’s presentation will be Wednesday, September 16 at 9:00 a.m. Eastern. A simultaneous webcast of the presentation will be available onmore...
  • 8/11/09 3:01 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) announced today that Edward M. Berko will join the Company on August 17 in a newly created position as Executive Vice President and Chief Risk Officer. Mr. Berko will report to John D. Johns, the Company’s Chief Executive Officer, and will be a member of the company’s senior Operations Committee. Mr. Johns commented as follows: “Ed Berko brings moremore...
  • 8/4/09 6:18 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) today reported results for the second quarter of 2009. Net income for the second quarter of 2009 was $90.8 million, or $1.16 per average diluted share, compared to net income of $38.2 million, or $0.53 per average diluted share, in the second quarter of 2008. Operating income, after-tax, for the second quarter of 2009 was $80.9 million, or $1.03 per average diluted share,more...
  • 8/3/09 6:06 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Protective Life Corporation (NYSE:PL) declared a quarterly dividend of $0.12 per share to be paid on August 31, 2009 to share owners of record at the close of business on August 14, 2009. About Protective Life Corporation Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment productsmore...
  • 8/3/09 3:29 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) ("Protective") announces that Hans Miller has joined the Company's Board of Directors. Mr. Miller formerly was Managing Director and Senior Advisor with the investment bank of Bank of America in New York City. Previously he was President & CEO of The Hartford International Financial Services Group (CT, USA), and Senior Vice President of The Hartford Financial Servicesmore...
  • 7/23/09 4:11 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company and West Coast Life Insurance Company announced the release of a new innovative universal life insurance rider designed to encourage individuals to improve their health through key lifestyle changes, with the goal of outliving their estimated life expectancies. The Return of Substandard Charges Option (ROSCO) Rider can help enhance the many powerful benefits and features ofmore...
  • 7/20/09 4:51 pm EDT

    Providing Affordable Solutions for Today’s Value-Conscious Consumers

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company announced the release of a new second-to-die term life insurance policy, the Protective Survivorship Term. The Protective Survivorship Term product is a second-to-die term life insurance policy, insuring two lives under one policy, with the death benefit payable to the designated beneficiary following the surviving insured’s death. This product is primarily designed formore...

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