Farmers and Traders Life Merges Into Columbian Mutual Life
Columbian Mutual Life Insurance Company and Farmers and Traders Life Insurance Company announced on October 1, 2007, the completion of the merger between the two mutual life insurance companies which essentially doubles the size of the two predecessor companies.
Effective on October 1, 2007, Farmers and Traders Life Insurance Company based in Syracuse, New York, merged into and became a part of Columbian Mutual Life Insurance Company of Binghamton, New York. Columbian Mutual, licensed in all fifty states is the parent company of the Columbian Financial Group of Companies. The combined organization now has assets in excess of $1 billion and a strong surplus position which exceeds $70 million.
Farmers and Traders policyholders become policyholders of Columbian Mutual and their policy provisions will not change. Employees will be maintained in both Syracuse and Binghamton, and the new organization will continue to service both their new and existing policies and agents.
About Columbian Financial Group
The Columbian Financial Group of companies, which includes Columbian Mutual Life
Insurance Company, Columbian Life Insurance Company, National Safety Life Insurance
Company and other affiliated companies within the corporate family, is based in
Binghamton, New York. Columbian Mutual, the parent company in the group, this year
celebrated its 125th year of providing quality protection to its policyholders. Columbian
maintains a solid financial and investment posture and offers consumer-oriented products
designed for family and business life insurance needs.
The information, services, and products presented here are not intended as an offer to sell in all states and territories, provinces, or countries. We do not sell our products in jurisdictions where we do not have a license.
Columbian