Fidelity & Guaranty Life
From the moment that Fidelity & Guaranty Life Insurance Company was established in 1959 in Des Moines, Illinois, an enormous number of people had their livelihoods secured. Ironically, the company should have spent more time on its own future. Formerly owned by the Harbinger Group, the parent business hoisted up into common grounds in 2013. Fidelity & Guaranty Life was then purchased by the Anbang Insurance Group at $1.57 billion. It seemed like the marvelous deal was about to be processed when Anbang suddenly got cold feet and the whole thing was canceled. It wasn’t the end of the hopes for a brighter future, however, as CF Corp purchased it in 2017 for almost $1.84.
Fidelity And Guaranty Life
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