Saturday , 23 June 2018

McKinney-Based Torchmark to Acquire Family Heritage Life Insurance Company

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Torchmark Corporation, based in McKinney, announced Wednesday that it has signed a definitive agreement to acquire Family Heritage Life Insurance Company of America (“Family Heritage”), according to the PR Newswire.

Family Heritage is a privately-held supplemental health insurance provider, for approximately $218.5 million, subject to closing adjustments.

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