Alexander Hamilton Life Insurance Company of America
- 1964 – Founded: Alexander Hamilton Life was established in Farmington Hills, Michigan. The company was created to provide life insurance and annuity products to individuals and businesses.
- 1969 – Initial Public Offering: The company grew rapidly in its early years and became a publicly traded entity to raise capital for expansion.
- 1977 – Acquisition: Household International (now part of HSBC) acquired Alexander Hamilton Life to diversify its financial services portfolio beyond consumer lending.
- 1980s – Expansion: Under Household International, the company expanded its distribution channels, focusing heavily on credit insurance and annuities sold through independent agents.
- 1995 – Acquisition: Jefferson-Pilot Corporation acquired Alexander Hamilton Life from Household International for approximately $575 million. This acquisition significantly increased Jefferson-Pilot’s universal life market share.
- 1995 – Merger: Operations were integrated into Jefferson-Pilot’s headquarters in Greensboro, North Carolina, though the Alexander Hamilton brand persisted on policies for a transition period.
- 2000 – Consolidation: The charter of Alexander Hamilton Life was merged into Jefferson-Pilot Life Insurance Company, effectively retiring the Alexander Hamilton name as a separate operating entity.
- 2006 – Merger: Jefferson-Pilot Corporation merged with Lincoln Financial Group.
- 2007 – Rebranding: All former Alexander Hamilton and Jefferson-Pilot business officially became branded under Lincoln Financial Group.
- Present – Legacy: Legacy policies issued by Alexander Hamilton Life are now serviced and backed by The Lincoln National Life Insurance Company.
Source: SEC Filings (Jefferson-Pilot) | Lincoln Financial History
