2017: Midland National Named to Ward’s 50 List

Each year, Ward Group—a leader in insurance industry benchmarking—analyzes and evaluates the financial performance of more than 700 life and health insurance companies in the U.S. into the Ward’s 50 list. In 2017, Midland National was added to the list for another consecutive year.

“We are proud to once again to be recognized by Ward’s as one of their Top 50 Life and Health Insurance Companies,” said Steve Palmitier, president and chief operating officer of Midland National Life Insurance Company. “For more than 110 years, Midland National has stood for strength and stability. Being included as a member of this list further validates our company’s ability to meet our commitment to our policyholders.”

1906: Company Founded In The Black Hills Of South Dakota

The company that would eventually evolve into Midland National Life Insurance Company was born on a late summer evening in the Black HIlls of South Dakota.

Meeting at the Smead Hotel in Lead, South Dakota, a group of six men (John Walsh, Joseph Moore, Charles Turney, Claude Sterling, Daniel Bannister, and Fred Smith) elected officers for a company to be known as Dakota Mutual Life Insurance Company. They also authorized the publishing of "legal notice of the company's intention to begin business."

The meeting culminated from months of planning. Records show expenses dating from May 1906. Evidently, the proposed name was under debate until shortly before the August meeting since a draft of the Articles of Incorporation was submitted to the South Dakota Secretary of State under the name of "Western Mutual Life Insurance Company." The company was incorporated on August 30, 1906, and commenced business on September 4.

To capitalize the new company, the directors w…

2018: LIMRA Names Jackie Cockrum a Retirement Rising Star

Jackie Cockrum, Associate Vice President at Sammons Financial Group (SFG), was named one of LIMRA’s Retirement Rising Stars for 2018. This award recognizes financial services professionals under 40 who have implemented innovative ways to accomplish their day-to-day jobs. Jackie works on improving service delivery for SFG’s Annuity Operations and has been with the company for over five years. She also has experience in driving performance in operations and business strategy.
SFG, Midland National’s parent company, emphasizes career development for the younger generation of leaders in financial services, and we celebrate this recognition of Jackie’s work. LIMRA, a research organization for life and health insurance companies, is also committed to highlighting the achievements of upcoming leaders in the financial services sector. Please join us in congratulating Jackie on this award, and learn more about LIMRA and the Retirement Rising Stars program here.

1981: Midland National Celebrates 75 Years in the Insurance Industry

Midland National’s 75th anniversary celebration kicked off with newspaper ads and radio spots proclaiming, “As we look forward to our 75th Anniversary, we salute our people… more than three hundred reasons why Midland National is a great insurance company. We wish you could meet all of them because these are the people with the talent, the skill, and the ideas that make us a strong, successful, growing company.”

Midland National Life Insurance Company Updates

Search This Blog