Bankers Life and Casualty

UPDATED: Aug 20, 2020Fact Checked

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Written by Jeffrey Johnson
Insurance Lawyer Jeffrey Johnson

UPDATED: Aug 20, 2020

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Company Details
Address: 111 East Wacker Drive Suite 2100
City: Chicago
State: IL
ZIP Code: 60601-4508
Phone Number: 312-396-6000
AM Best Rating: B++
Lines of Insurance: health, care, life
States Licensed To Sell Insurance In: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Type of Insurance Company: Stock
Parent Company: CNO Financial Group
Top executive Contact: Scott L. Goldberg
Title of Top executive: President
Ticker Symbol: CNO
Assets & Premiums: Total Assets: $15.84 billionPremiums: $2.2 BillionTotal Capital: $10 million

Company Overview:


Company History: The Hotel Men’s Mutual Benefit Association was founded in 1879. In 1942 John D. MacArthur merged his companies (Hotel Men’s Mutual Benefit Association, the Illinois Standard Life Insurance Company and Bankers Life and Casualty Company) under the “Bankers” name. Founded 1879, Bankers Life and Casualty Company is today one of the largest U.S. insurance companies to specialize in the needs of senior Americans. The company has over 250 offices nationwide and serves over 1.4 million policy holders. In 2013, Bankers paid out $1.4 billion in policy benefits.
Principle Sales Methods: National sales force of career agents. Bankers currently employs more than 5,000 career agents.

Life Annuity Business: Bankers Life & Casualty offers term, whole, and universal life insurance products.

Health Business: Bankers offers medicare supplemental insurance, long-term care and home health care, medicare’s prescription drug coverage and medicare advantage.

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