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: Structured Settlements 4RealMutual of Omaha To Reinter Structured Settlement Market
By John Darer
The National Structured Settlements Trade Association announced today that Mutual of Omaha will be reintering the structured settlement market. This is great news for injury victims, their attorneys and structured settlement consultants as it offers better price competition and opportunities for diversification for structured settlements.
Mutual of Omaha has been in business since March 5, 1909, when it was incorporated in Nebraska as Mutual Benefit Health & Accident Association. A rebranding in 1962 saw the name change to Mutual of Omaha Insurance Company. For 8 years begining in 1963 the company sponsored Mutual of Omaha's Wild Kingdom was a staple of family TV on Sunday nights and won 4 Emmy Awards,
According to its 2009 year end financials, Mutual of Omaha had just over $23.8B in assets.
It's current third party financial ratings are:
A.M. Best A+ (Superior)
Moodys Aa3 (Excellent)
Standard & Poors AA- (Very Strong)
Link to Mutual of Omaha website where you can download its 2009 financial statement or read more about the company history of Mutual of Omaha
Full post as published by Structured Settlements 4Real on October 21, 2010 (boomark / email).
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