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Northwestern Mutual is an American financial services mutual organization based in Milwaukee, Wisconsin.The financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, Financial Planning trust and private client services, estate planning and business planning.
30 people are victimized by a $1.25 billion Ponzi scheme created by Mutual Benefits, a company that buys life insurance policies and falsely resells them to clients as low risk investments. Mutual Benefits collected new money from investors to pay returns when patients lived longer.
The company was established in 1885, and was originally named the "Northwestern Aid Association". It became the Northwestern Life Association in 1888. In 1901, the company's president, William Frank Bechtel, merged the Northwestern Life Association and the National Mutual Life Association into the Northwestern National Life Insurance Company.
TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society. Its purpose was to offer financial protection to Americans during the credit union movement. [8] After World War II, TruStage Financial Group grew rapidly and expanded many of its services. TruStage Financial Group began selling insurance products in 1983.
The acquisition was Union Mutual's first expansion beyond individual life and endowment insurance. [9] [10] In 1969, Union Mutual established the insurance industry's first downstream holding company, which facilitated the company's continued expansion and diversification. [11] [12] Union Mutual also established its group disability business in ...
WASHINGTON (Reuters) -The National Highway Traffic Safety Administration said on Monday that General Motors' self-driving car unit Cruise will pay a $1.5 million fine after it failed to disclose ...
Imprisoned Reality TV stars Todd and Julie Chrisley will receive a $1,000,000 settlement from the state of Georgia, marking the end of a civil lawsuit they filed against Joshua Waites, the former ...
Julie Montagu, Viscountess Hinchingbrooke (born Julie Jean Fisher; February 17, 1972) is an American entrepreneur, yoga instructor, blogger, writer and television personality. She is married to Luke Montagu, Viscount Hinchingbrooke, who is the son and heir to John Montagu, 11th Earl of Sandwich .