NU Online News Service, Jan. 29, 11:38 a.m. – UICI, Dallas, has acquired a 50% stake in SeniorsFirst, Dallas, a career agency that sells Medicare supplement and long-term care insurance products.
The agency was founded in 1998 and now operates in nine states in the Southwest and Midwest. It wrote more than $8 million in new business in 2001, according to company figures.
UICI hopes to use SeniorsFirst to sell LTC insurance products that will be issued by another UICI subsidiary, Mid-West National Life Insurance Company of Tennesee.