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“We purpose to function guardians of the group’s legacy and stewards of its future,” Holoman stated.
The historical past: Atlanta Life Insurance coverage Co. was based by Alonzo Herndon, who was born into slavery, and his son, Norris Herndon.
The corporate expanded by buying different Black-owned insurers. The Rev. Martin Luther King Jr. was one in all its policyholders.
The corporate has run into turbulence lately. In 2021, AM Greatest downgraded its monetary power score to C, from C+, citing its weak stability sheet, weak working efficiency and restricted enterprise profile.
However the score company famous that the corporate had used group life reinsurance offers to extend web premium income.
EquiTrust has a B++ AM Greatest score.
Eric Holoman. Credit score: Atlanta Life
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