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San Antonio Light in San Antonio, Texas

03 Sep 1940

Page 7

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San Antonio Light September 3, 1940 Page 7 old newspaper archives

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Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

Sep 03, 1940

Page

7

Two Life Companies Merge to Form Larger Texas Insurer

Six years after The Franklin Life Insurance Company founded in Texas, its combined strength with The Great American Life yields over 200 million in insurance in force. Franklin has near 41 million in assets and 177 million in insurance across 20 states, with Texas mortgages and real estate investments totaling several hundred thousand. The merger promises expanded Texas investment and insured protections.

MENTIONED IN THIS ARTICLE

Franklin Life Insurance Company Texas Coast Toast Franklin Great American Life Insurance Company Great American South Great American Life Franklin Life Tre
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Franklin Life and Great American unite in Texas operations

The Franklin Life and The Great American join forces to consolidate operations in Texas and the South. The Great American Life remains in San Antonio with $10,000,000 of industrial insurance in force as part of the merged entity. The Franklin's capital and surplus rise above $2,000,000 with more than $200,000,000 in insurance in force. Annual new business expected to exceed $30,000,000, including over $10,000,000 on Texans.

MENTIONED IN THIS ARTICLE

Texas Franklin Investment Great American Franklin Great American Life San Antonio The Texas State Insurance Department
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Also Mentioned on This Page

Chas. E. Becker HE Franklin Life Insurance Company Springfield Illinois HE Great American Life Insurance Company San Antonio, Texas
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