NU Online News Service, July 17, 12:35 p.m. – AmerUs Group Company, Des Moines, Iowa, says it is putting all life insurance operations under the management of Gary McPhail.
McPhail, president of AmerUs Life Insurance Company, will keep that title and also serve as head of a new AmerUs Life Insurance Group.
The group will run the newly acquired Indianapolis Life Insurance Company, Indianapolis, as well as AmerUs Life; Bankers Life Insurance Company of New York, Woodbury, N.Y.; and Western Security Life Insurance Company, Indianapolis.
Together, the companies generated about $90 million in revenue in 2000, AmerUs says.
Larry Prible, president of Indianapolis, has already announced plans to retire later this year, AmerUs says.