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Protective Life Insurance Co. (PLFA 08) is in the Financial Services Industry

Latest News and Analysis

  • Innovative New Term Life Insurance Policies Now Available from Protective Life and West Coast Life

    BIRMINGHAM, Ala. -- Protective Life Insurance Company and West Coast Life Insurance Company announced the release of a two new innovative life insurance policies designed to meet the changing needs of today's consumer. The Protective Term Income ProviderSM and the West Coast Life Income Replacement TermSM are term life insurance...

    Articles 2008-11-17

  • Protective Life Introduces ProtectiveRewards® Elite Variable Annuity

    New Product Answers Consumer Demands for More Value BIRMINGHAM, Ala. -- Protective Life Insurance Company announced on Monday the addition of a new variable annuity to their already expansive line of annuity products. The ProtectiveRewards([R]) Elite variable annuity, an innovative new "L-share" contract, became available for sale beginning...

    Articles 2008-11-05

  • Affordable New Universal Life Products Now Available from Protective Life and West Coast Life

    Competitive products stress affordability and flexibility BIRMINGHAM, Ala. -- Protective Life Insurance Company and West Coast Life Insurance Company announced the release of two new current assumption universal life policies, the Protective ProClassicSM UL and the West Coast LifeTime Advantage PlusSM UL. The Protective ProClassicSM UL and the...

    Articles 2008-11-05

  • Protective Issues Statement on Rating Agency Actions

    BIRMINGHAM, Ala. -- Protective Life Corporation ("Protective,") (NYSE: PL) today issued a statement regarding Moody's Investors Service and Fitch Ratings actions related to the company ratings: Moody's announced today a one-step downgrade of the insurance financial strength IFS rating of Protective's life insurance subsidiaries, including Protective Life Insurance...

    Articles 2008-11-05

  • Protective Life Insurance Company Renews Qualification in IMSA, Ethical Standards Organization

    Protective Life Insurance Company hasqualified to renew its membership in the Insurance Marketplace StandardsAssociation IMSA, the premier standards-setting organization for the lifeinsurance marketplace. IMSA President & CEO Brian Atchinson congratulated Protective LifeInsurance Company for completing the rigorous, independent review of itsmarketing, sales and compliance practices required every three years toqualify...

    Articles 2008-10-29

  • Protective Life and West Coast Life Introduce New Survivorship Universal Life Products

    Competitive Second-to-Die UL Products Provide an Attractive Blend of Guaranteed Protection, Flexibility and Value BIRMINGHAM, Ala. -- Protective Life Insurance Company (NYSE:PL) and West Coast Life Insurance Company announced the release of two new second-to-die universal life policies, the Protective Centennial Survivor G Universal LifeSM and the West...

    Articles 2008-10-21

  • Fitch Rates Golden Gate Captive Insurance Company's $800MM Notes 'AA'

    CHICAGO -- Fitch Ratings has assigned an 'AA' rating to Golden Gate Captive Insurance Company's Golden Gate $800,000,000 Series A floating-rate surplus notes the surplus notes due 2037. Golden Gate is a special purpose financial captive insurance company under the laws of the State of South Carolina. Golden...

    Articles 2008-08-28

  • Pacific Select Exec IV Powers Up Life Insurance Protection with Feature That Can Help Stabilize Market Volatility

    ALISO VIEJO, Calif. -- Today's equities market is a roller coaster ride and even if retirement seems way off on the horizon, many people may wonder how their plans might be affected if the same circumstances coincide with their retirement. Pacific Select Exec IV,1 a new variable universal life insurance...

    Articles 2008-08-26

  • A.M. Best Assigns Ratings to Protective Life Corporation's Shelf Registration

    OLDWICK, N.J. -- A.M. Best Co. has assigned indicative debt ratings of "a" to senior unsecured debt, "a-" to subordinated debt, "a-" to trust preferred securities and "bbb+" to preferred stock, which may be issued under Protective Life Corporation's Protective (Birmingham, AL) (NYSE: PL) recently filed shelf registration statement. The...

    Articles 2008-08-01

  • Protective Life and West Coast Life Introduce a New Series of Universal Life Products

    Competitive Secondary Guarantee UL Series Offers Attractive Blend of Protection, Flexibility and Affordability BIRMINGHAM, Ala. -- Protective Life Insurance Company (NYSE:PL) and West Coast Life Insurance Company announced the release of a new series of universal life policies, the Protective Centennial G II Universal LifeSM Series and the...

    Articles 2008-07-21

  • Protective Life Announces Organizational Realignment for Life Insurance Distribution

    BIRMINGHAM, Ala. -- Protective Life Insurance Company (NYSE: PL)today announced a realignment of responsibilities in its life insurance sales organization to enhance the focus and collaboration of its overall sales efforts. Mark Rush, Senior Vice President, Sales and Marketing for West Coast Life, and Jeff Marsh, Vice President of Institutional...

    Articles 2008-06-18

  • Protective Life Announces Electronic Policy Delivery

    Innovative Online Capability Speeds Delivery and Enhances Customer Convenience BIRMINGHAM, Ala. -- Protective Life Insurance Company (NYSE: PL) today announced the availability of Electronic Policy Delivery, the latest in a series of initiatives designed to enhance the customer experience of Protective's producers and policy owners. Through...

    Articles 2008-04-10

  • Fitch Assigns CMBS Primary, Master, & Special Svcr Ratings to Protective Life Insurance Company

    CHICAGO -- Fitch Ratings has assigned the following ratings to Protective Life Insurance Company: --Primary servicer rating of 'CPS3+'; --Master servicer rating of 'CMS3'; --Special servicer rating of 'CSS3+'. The primary servicer rating reflects the company's ability to service loans in commercial...

    Articles 2008-04-01

  • Protective Life Introduces Protective Centennial G II Universal Life

    Competitive Secondary Guarantee UL Plan Offers Protection, Flexibility and Affordability BIRMINGHAM, Ala. -- Protective Life Insurance Company today announced the release of a new universal life insurance policy, Protective Centennial G II Universal LifeSM. The new product builds on Protective Life's experience and expertise as an...

    Articles 2008-03-31

  • Protective Names Chief Distribution Officer and Chief Information Officer

    BIRMINGHAM, Ala. -- Protective Life Corporation (NYSE: PL) ("Protective") today announced that John Deremo has been named Senior Vice President and Chief Distribution Officer and that David Gutierrez has joined the Company as Senior Vice President and Chief Information Officer. Both of these leaders will be reporting to Carolyn Johnson,...

    Articles 2008-03-07

  • Protective Life Offers New Choices in Variable Annuity Living Benefits

    7.2% Compound Roll-up and Guaranteed Minimum Accumulation Benefit Options BIRMINGHAM, Ala. -- Protective Life Insurance Company today announced updates to the popular SecurePay Withdrawal BenefitSM. The enhanced offering now includes a choice of two lifetime withdrawal benefits: * The original SecurePay Withdrawal Benefit, or ...

    Articles 2008-03-03

  • LISA Applauds Kentucky Proposal to Fight Stranger Originated Life Insurance

    The Kentucky House of Representatives has takenan important step to protect life insurance consumers with a ban onstranger originated life insurance STOLI schemes, according to the LifeInsurance Settlement Association. HB 348, unanimously passed last week,protects consumers by succinctly and directly prohibiting initiation oflife insurance for wager purposes -- without...

    Articles 2008-02-14

  • Power to protection.

    Byline: New guidance on non disclosure welcomed New ABI guidance on non disclosure is expected to lead to fewer claims being rejected and has been welcomed across the industry. Insurers for critical illness, income protection and life insurance will now...

    Articles 2008-02-01

  • Payouts to rise as ABI rejigs disclosure rules.

    Byline: Firms must payout on all disclosure that can be proved to be non-deliberate Insurance companies will now have to pay more claims for critical illness, income protection and life insurance where medical information has not been disclosed, unless the customer deliberately withheld...

    Articles 2008-01-24

  • Annuity with no surrender charge.(Life)(Brief article)

    Protective Life Insurance Co. has added to its line of annuity products a "C-share" variable annuity--one without a surrender charge. ProtectiveAccess XL charges 1.55% annually for mortality-and-expense risk charges and administration charges. Options include the SecurePay Withdrawal Benefit, which offers purchasers lifetime income annual withdrawal...

    Articles 2008-01-01

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  • Incorporated: 1907

Protective Life Insurance provides financial services through the production, distribution, and administration of insurance and investment products. Co.'s Life Marketing segment markets level premium term insurance, universal life, variable universal life and bank owned life insurance products. Co.'s Acquisitions segment acquires, converts, and services policies acquired from other companies. Co.'s Annuities segment manufactures, sells, and supports fixed and variable annuity products. Co.'s Stable Value Products segment sells guaranteed funding agreements to purpose entities. Co.'s Asset Protection segment markets extended service contracts as well as credit life and disability insurance.

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Protective Life Insurance Co. Company Info

Contact Information

2801 Highway 280 South

Birmingham, AL

205 268-1000

NAICS Code

Other Direct Insurance (except Life, Health, and Medical) Carriers: 524128

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