Torchmark corporation announces Insurance subsidiaries to change in the domicile condition to Nebraska

MCKINNEY, Texas, January. 04, 2008 /PRNewswire FirstCall over COMTEX/ — Torchmark corporation (NYSE: TMK) announced today that it has, redomesticated two its prominent insurance subsidiaries, United that American life insurance, which company is, and company Globe lives and accident insurance, that from Delaware to Nebraska. Torchmark plans to redomesticate more other its subsidiaries to the Nebraska this year. After it die first-class control items in a number of states, when well as the Nebraska business climate it had studied which is its experienced labor pool including, war it to Torchmark freely that it would be financially favourable to redomesticate some its insurance subsidiaries to Nebraska. Torchmark corporation is one company specialization that getting thing on the life and additional health insurance Americans die for “middle income”, die by die repeated selling way to be marketed, die direct answer and exclusive including is and independent agencies. Torchmark has several national recognized insurance subsidiaries the Globe life and the accident, Oklahoma town center, is a Kw_directantwort servicer of life insurance admits for its administrative efficiencies. American income life, Waco, Texas, places individual life insurance to labor union the members to the order. Liberty National the life, Birmingham, Alabama, one oldest traditional life insurers in the southeast, is largest life insurers in its main condition of Alabama. United Americans is consumer oriented a servicer additional health insurance. SOURCETORCHMARK corporation http://www.torchmarkcorp.com copyright � � photo receptor 2008 Newswire. All rights reserve

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Winding it insurance the rate, which goes above for kuestenbewohner

AUSTIN — Automatic controllers approved a 8.2-Prozent-Zunahme of the premiums for living insurants along the coast, which is insured to connection by Texas Windstorm insurance. Owners of the commercially used landed property see a 5.4-Prozent-Zunahme under the Mike approved changes Thursday of insurance the assigned Geeslin. Windstorm the connection is a pool of all characteristic insurer, who the insurer of the last erholungsortes for coastal customers serves there, who cannot find wind covering in the market. The new is February. 1 effectively. For living insurants in Texas to 14 coastal counties, rate goes approximately to $84 on an average windstorm policy from $1.023 up, insurance commission wortfuehrer Jerry said Hagins. Windstorm the connection had asked for the 10-per cent-increased for the living and business insurant. She said that the increases were ensured because of a gulf coastal building boom and a lack of the private insurers, wind covering offers. “coast TWIA customers must understand that the costs of converting the houses and the business increased drastically, partly refuelled by the enormous quantity usual and commercial structure along the gulf coast,” said Jerry John, a wortfuehrer for the connection. Confidence on insurance the connection jumped drastically over the last two years, since hurricanes Katrina and Rita struck the gulf coast. The connection now covers more as 213,000 structures, including more than 69,000 added structures this year. “TWIA became the market of the first choice instead of the market of the last erholungsortes,” said of John. A committee of the Galveston characteristic owner opposed the increase, like the office of the general insurance pieces of advice. “the 8,2 per cent will lead to excessive rate, said”, Rod Bordelon, Executivdirektor of the office insurance of the advice. Geeslin ordered that 25 per cent of premiums is put in disaster capital to the cover requirements in the case of a main hurricane. The connection keeps generally $80 million to $100 million available, requirements, the said officials, but, if it runs from money, the connection to pay can load the private companies insurance the condition. In sequence tax credit notes of the condition can look for private business. Texas legislation regarded ways to revise windstorm insurance the capital over for fatal losses to fasten however a solution did not reach. Private business still different kinds characteristic sell insurance along the coast ___ information: Houston chronicle, http://www.chron.com the Beaumont enterprise, http://www.beaumontenterprise.com

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