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News Releases - all

  • 10/1/13 4:30 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that on October 1, 2013 its principal subsidiary, Protective Life Insurance Company (“Protective Life”), completed the acquisition of MONY Life Insurance Company (“MONY”) and has reinsured certain policies of MONY Life Insurance Company of America (“MLOA”). The transaction was originally announced on April 10, 2013. The total transaction price was $1.06 billion. Themore...
  • 9/30/13 11:50 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) will announce third quarter 2013 results on Wednesday, October 30, 2013. The company will hold a conference call for management to discuss third quarter results on Thursday, October 31, 2013 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...
  • 9/13/13 8:50 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that it has received the insurance regulatory approvals required in order for Protective Life Insurance Company to move forward under its agreement with certain subsidiaries of AXA SA (NYSE Euronext Paris:CS) (“AXA”) to acquire MONY Life Insurance Company (“MONY”) and reinsure certain policies of MONY Life Insurance Company of America (“MLOA”). The transaction was previouslymore...
  • 9/5/13 1:00 pm EDT

    Decade old effort seeks to raise awareness about the need for life insurance

    Along with the LIFE Foundation and 100 of the nation’s leading insurance companies and industry groups, Protective Life Insurance Company is marking the 10 year anniversary of Life Insurance Awareness Month in September. The annual initiative seeks to remind Americans of their need to include life insurance in their financial planning.  “Life insurance coverage among Americans is at an all-time low,” said John D. Johns, chairman, president and CEO of Protective. “In fact, according tomore...
  • 8/29/13 3:15 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) will participate in the upcoming Scotiabank Financials Summit in Toronto, ON, on Thursday, September 5, 2013. Richard J. Bielen, Protective’s Vice Chairman and Chief Financial Officer, will provide a Company overview beginning at 11:40 a.m. Eastern time that day. A live webcast of the presentation will be available on the Company website at www.protective.com in the Investormore...
  • 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...

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Eva Robertson
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205-268-3912
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