- by Tom Parish, Social Media Consultant
Some insurance companies, such as AIG, have put themselves in dire financial circumstances. The billion in these companies have received in federal bailout money has added fuel to the economic downturn. On the other hand, the $21 billion Northwestern Mutual Life Insurance Company doesn’t need one cent of taxpayers’ dollars to preserve its customers’ wealth. This 150-year old, highly profitable company has more than $1 trillion of life insurance protection in force. Products include life insurance, long-term care insurance, disability insurance, annuities, mutual funds, and employee benefit services. In fact, the company maintains the highest available ratings for insurance financial strength from all four major ratings agencies. Read More
The postings in this blog are my own and don't necessarily represent BMC's opinion or position.