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INDEPENDENCE HOLDING CO FILES (8-K) Disclosing Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits

On January 3, 2022, Independence Holding Company completed its previously announced sale of all of the outstanding shares of common stock of its wholly-owned subsidiary Standard Security Life Insurance Company of New York to Reliance Standard Life Insurance Company effective as of January 1, 2022, pursuant to the Stock Purchase Agreement, dated April 14,. ....

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AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Madison National Life Insurance Company, Inc.

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Madison National Life Insurance Company, Inc.
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INDEPENDENCE HOLDING CO : Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

Independence Capital Corp. ( (ICC ) entered into a Stock
Purchase Agreement (the Purchase Agreement ) with
Reliance Standard Life
Insurance Company ( Reliance Standard ) to sell all of the issued and
outstanding capital stock of
Standard Security Life Insurance Company of New
York, an insurance company domiciled in the
State of New York and wholly owned
subsidiary of ICC ( Standard Security ), for an aggregate purchase price of
$180
million in cash. In addition, in accordance with the Purchase Agreement, at
closing, Standard Security will make a dividend to ICC in an amount equal to the
excess of the aggregate statutory capital and surplus of Standard Security as of ....

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