NU Online News Service, Feb. 25, 11:03 a.m. – Summit Life Corp., Del City, Okla., says it could buy as many as three more small life insurers now that it has completed a previously announced acquisition of Security General Life Insurance Company, Oklahoma City.
Summit Life paid about $2 million for Security General, a life insurer that has authority to operate in 27 states.
Summit Life and its insurance company subsidiaries have regulatory approval to sell insurance in Oklahoma and Texas.