Southland Life Insurance Company was founded in 1908, according to Bloomberg Business. Eight founders started it in Texas in response to an economic downturn after the panic of 1907, and the company began business in 1909, notes the Texas State Historical Association.Continue Reading
In 1915, Southland acquired Sam Houston Life of Dallas and San Antonio Life, according to the Texas State Historical Association. In 1929, it obtained the assets of American Life of Dallas. In 1939, it kept its name as it merged with Gulf States Life. It acquired more insurance companies in the following years and was one of the 50 biggest life insurance companies in America at one point.
In October 2004, Security Life of Denver Insurance Company acquired Southland, which has its headquarters in Atlanta, explains Bloomberg Business. Southland provides life insurance products and plans.Learn more about Insurance