Newsroom

News Releases - all

  • 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...
  • 7/2/09 2:28 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) will announce second quarter 2009 results on Tuesday, August 4, 2009. The company will hold a conference call for management to discuss second quarter results on Wednesday, August 5, 2009 at 9:00 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.commore...
  • 5/14/09 8:27 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) today announced that it priced a $121.5 million public offering of 13,500,000 shares of common stock at $9.00 per share. The underwriters will have a 30-day option to purchase up to an additional 2,025,000 shares of common stock to cover over-allotments. The Company expects the offering to close on or about May 20, 2009. The Company intends to use the net proceeds from themore...
  • 5/12/09 4:20 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) announced today a proposed offering of 12,500,000 shares of common stock to the public. The net proceeds from the offering will be used for general corporate purposes. The underwriters will have a 30-day option to purchase 1,875,000 shares representing an additional 15 percent of the offering amount from Protective to cover overallotments, if any. Merrill Lynchmore...
  • 5/4/09 3:52 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Share Owners of Protective Life Corporation (NYSE: PL) held their annual meeting today and elected the following eleven directors: James S. M. French, Thomas L. Hamby, John D. Johns, Vanessa Leonard, Charles D. McCrary, John J. McMahon, Jr., Malcolm Portera, C. Dowd Ritter, William A. Terry, W. Michael Warren, Jr. and Vanessa Wilson. Immediately following the Share Owners’ meeting, themore...
  • 5/3/09 4:40 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--May 3, 2009-Protective Life Corporation (NYSE:PL) today reported results for the first quarter of 2009. Net income for the first quarter of 2009 was $22.1 million, or $0.31 per diluted share, compared to net income of $35.9 million, or $0.50 per diluted share, in the first quarter of 2008. Operating income (after-tax) for the first quarter of 2009 was $61.5 million, or $0.86 per diluted share, compared to $52.1 million, or $more...
  • 4/27/09 3:44 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) will announce first quarter 2009 results on Sunday, May 3, 2009. This earnings announcement is scheduled to precede Protective’s 2009 Annual Share Owners’ Meeting on Monday, May 4, 2009. The company will hold a conference call for management to discuss first quarter results on Monday, May 4, 2009 at 9:00 a.m. Eastern. Those interested in listening to the livemore...
  • 4/1/09 4:30 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) On April 1, 2009, Bonifay Holding Company and its subsidiary, The Bank of Bonifay (collectively, “The Bank of Bonifay”), terminated their agreement (the “Agreement”) with Protective Life Corporation (“Protective”) under which Protective would acquire The Bank of Bonifay. The Agreement gave either party the option of terminating the Agreementmore...

Media Contact

Eva Robertson
Vice President, Corporate Communications
205-268-3912
e-mail

Social Media