March 01, 2006 at 12:32 PM
Columbian Mutual Life Insurance Company has completed plans to acquire The Philanthropic Companies through a merger.
Columbian, Binghamton, N.Y., says policyholders of Philanthropic, Plymouth Meeting, Pa., will become policyholders of Columbian Mutual and that policy provisions will not change.
Columbian sells a wide range of life insurance products, including voluntary life insurance policies and funeral insurance.
Philanthropic sells funeral insurance and personal property-casualty insurance.
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