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Press Releases

Press Releases
By BlogUser5 on

OLDWICK - MARCH 28, 2018 - A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the primary life insurance subsidiaries of Protective Life Corporation (Protective Life) (headquartered in Birmingham, AL). Additionally, A.M. Best has affirmed the Long-Term ICR of “a-” and the existing Long-Term Issue Credit Ratings (Long-Term IR) of Protective. The outlook of these Credit Ratings (ratings) is stable.


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By BlogUser5 on

CHESTERFIELD, Mo. – November 3, 2017 – Protective Asset Protection has launched a new version of their FPC Premium Marine Protection Program featuring enhancements to the long-standing marine F&I program. These updates represent product improvements strengthening Protective Asset Protection’s service contract offering for the marine industry. The updated program is available to marine dealers in all states except Washington as of November 1, 2017.


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By BlogUser5 on

BIRMINGHAM, Ala. – December 1, 2016 -- Protective Life Corporation (NYSE: PL) (“Protective”) has announced that on December 1, 2016 its principal subsidiary, Protective Life Insurance Company (“Protective Life”), completed the acquisition of the Pompano Beach, Florida-based USWC Holding Company (“US Warranty”) via a stock purchase agreement. US Warranty, through its affiliated operating subsidiaries, including United States Warranty Corp., markets vehicle service contracts, GAP coverage and a suite of ancillary automotive maintenance and protection products nationwide. The transaction was originally announced on August 18, 2016.


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By BlogUser5 on

CHESTERFIELD, Mo. – November 16, 2016 – Protective Asset Protection has launched its new Powertrain Warranty for Life program. This new limited warranty program plays an important role in Protective Asset Protection’s growing presence in the independent auto dealership market. This new program is designed as a dealer obligor warranty for independent auto dealers, but will also be available to franchise auto dealers that wish to utilize this unique powertrain limited warranty.


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By BlogUser5 on

BIRMINGHAM, Ala.—August 18, 2016 -- Protective Life Corporation (“Protective”) has reached an agreement through its wholly owned subsidiary, Protective Life Insurance Company, to acquire the Pompano Beach, Florida-based USWC Holding Company and its affiliated operating subsidiaries (“USWC” or “Company”) via a stock purchase agreement (the “Acquisition”). The Acquisition is subject to receipt of standard regulatory approvals and satisfaction of customary closing conditions.

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By BlogUser5 on

CHESTERFIELD, Mo. – June 1, 2016 – Protective Asset Protection has been voted the 2016 Dealers’ Choice Platinum Vehicle Service Contract provider by automotive dealership personnel as part of the annual awards by industry trade publication, Auto Dealer Today. The Dealers’ Choice Awards recognize the automotive industry’s leading product and service providers. Voting is exclusive to dealers and dealership personnel.

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