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The company expanded, outgrowing the capacity of FAI to process its business. In 1980, A.L. Williams entered into a contract with [[Boston]]-based Massachusetts Indemnity and Life Insurance Company (MILICO), a larger [[underwriter]] of life insurance, whose parent was PennCorp Financial Services based in [[Santa Monica]]. To support A.L. Williams headquartered in [[Atlanta]], MILICO established a regional office in that city. In 1981, the company established First American National Corporation (later renamed The A.L. Williams Corporation) as a holding company for First American Life Insurance (later renamed A.L. Williams Life Insurance Company) and First American National Securities (later renamed PFS Investments, Inc). In 1982, The A.L. Williams Corporation (ALWC) underwrote a $27 million public stock offering, listed in the [[Over-the-counter (finance)|Over the Counter]] (OTC) market under the symbol ALWC. In 1983, the company became listed on the [[NASDAQ]] exchange under the same symbol.
The company expanded, outgrowing the capacity of FAI to process its business. In 1980, A.L. Williams entered into a contract with [[Boston]]-based Massachusetts Indemnity and Life Insurance Company (MILICO), a larger [[underwriter]] of life insurance, whose parent was PennCorp Financial Services based in [[Santa Monica]]. To support A.L. Williams headquartered in [[Atlanta]], MILICO established a regional office in that city. In 1981, the company established First American National Corporation (later renamed The A.L. Williams Corporation) as a holding company for First American Life Insurance (later renamed A.L. Williams Life Insurance Company) and First American National Securities (later renamed PFS Investments, Inc). In 1982, The A.L. Williams Corporation (ALWC) underwrote a $27 million public stock offering, listed in the [[Over-the-counter (finance)|Over the Counter]] (OTC) market under the symbol ALWC. In 1983, the company became listed on the [[NASDAQ]] exchange under the same symbol.


WE TAKE UP THE BACK DOOR ALL DAY EVERYDAY.
===Origin of "Primerica" name===
PennCorp's massive growth due to MILICO's underwriting explosion caught the attention of Bill Woodside, [[Chairman]] & [[CEO]] of [[American Can Company]], a former [[Dow Jones Industrial Average|Dow Jones 30]] [[Blue chip (stock market)|blue chip]] can and container producing company based in [[Greenwich, Connecticut]] founded in 1901.<ref>[http://www.prism.gatech.edu/~cr93/Publications/case/Case_-_American_Can_Company.pdf American Can Company - International Business Group]</ref> Due to the growing rise of plastic as a replacement for aluminum cans, the company looked to acquire financial services providers and move away from the dying manufacturing industry, having acquired life insurance holding company Associated Madison from [[Gerald Tsai|Gerry Tsai Jr]] in 1982. With this acquisition Woodside created a new financial services division for American Can and hired Tsai, who succeeded him as Chairman & CEO, as the new head. In September, 1982 American Can and PennCorp signed a merger agreement. In 1983 the merger was finalized, making American Can the parent company of PennCorp and MILICO, signing a new contract with ALWC through the year 2000. In 1986 [[Nelson Peltz]]'s Triangle Industries bought American Can's packaging division, along with rights to the name of the company. Therefore on March 6, 1987 American Can announced that it would change its 86-year-old name to Primerica Corporation,<ref>{{cite news |first = |last = |url = http://query.nytimes.com/gst/fullpage.html?res=9B0DEFDC153BF934A35750C0A961948260 |title = American Can Picks a Name |publisher = [[The New York Times]] |date= 1987-03-07 |accessdate = 2008-01-26}}</ref> hence giving birth to the new and currently recognized name "Primerica."


===Acquisition by Commercial Credit===
===Acquisition by Commercial Credit===

Revision as of 17:31, 30 November 2010

Primerica, Inc.
Company typePublic (NYSE: PRI)
IndustryFinancial Services
FoundedFebruary 10, 1977
Headquarters3120 Breckinridge Blvd.
Duluth, GA
30099-0001
(770) 381-1000
Key people
John Addison, Co-CEO
Rick Williams, Co-CEO and COO
Glenn Williams, President
ProductsTerm Life Insurance[1]
Mutual Funds
Segregated Funds
Variable Annuities
Loans
Mortgages
Long-Term Care Insurance
Legal Services
Car insurance
Homeowners Insurance
Credit Monitoring
Debt Management Plans
RevenueIncrease US $2.2 billion (2009)[2]
Increase US $494.6 million (2009)[2]
Total equityUS $4.9 billion (2009)[3]
OwnerCiti Investment Research (39.9%)[4]
Warburg Pincus (22.6 %)[4]
Equity Award Recipients (7%)[5]
Number of employees
1,995 (2010)[6]
Websitewww.primerica.com www.primericacanada.ca www.askprimerica.com

Primerica, Inc. (NYSE: PRI) is a referral marketer[7] of financial products and services using a hybrid model of direct selling, franchising and distribution.[1][8] In an official comment submitted to the U.S. Federal Trade Commission (FTC), Primerica described its own activities as "multi-level marketing opportunities".[9]

Headquartered in Duluth, Georgia,[10] Primerica spun off from its former parent company Citi through an initial public offering on April 1, 2010. It is the largest financial services marketing organization in North America with more than 100,000 licensed representatives,[11] including 22,000 FINRA Series 6 licensed[1] through Primerica's securities broker-dealer affiliate PFS Investments, Inc. in the United States, and through PFSL Investments Canada Ltd. in Canada. The company's roots stem from always providing 100% term life insurance,[1] as well as providing financial products and services through its affiliates that have been added over the years, including mutual funds, variable annuities, segregated funds, loans, long-term care insurance, pre-paid legal services, auto insurance, home insurance, credit monitoring and debt management plans to over 6.3 million clients as of 2010.[11] In August 2007 Primerica and Answer Financial introduced Primerica Secure, an auto and homeowner's insurance referral program to quote from insurance carriers. In September 2009, Primerica and Equifax teamed up to offer DebtWatchers,[12] a credit monitoring and debt management tool.

Primerica conducts business principally in the United States. Primerica first expanded internationally in 1986 when it began operating in Canada, where agents sell life insurance and segregated funds from the Primerica Life Insurance Company of Canada, and securities from PFSL Investments Canada Ltd. Canadian agents also refer clients to AGF Trust for their $MART (Save Money And Reduce Term) Loan product.[13] In 2000 the company expanded overseas to Spain, commencing operations as CitiSoluciones,[14] which later became known as PriEuropa.

History

Founded in 1977 by Arthur L. Williams, Jr. as A.L. Williams & Associates (A.L. Williams), the company established a market niche by mass-marketing the concept of "Buy Term and Invest the Difference."[8] With "BTID" the company advised its mostly middle-income client base to purchase sufficient protection with term life insurance and systematically save and invest in separate investment vehicles, such as mutual fund IRAs.[1] A.L. Williams was initially established as a privately held general agency, at first selling term life insurance policies underwritten by Financial Assurance, Inc. (FAI).

The company expanded, outgrowing the capacity of FAI to process its business. In 1980, A.L. Williams entered into a contract with Boston-based Massachusetts Indemnity and Life Insurance Company (MILICO), a larger underwriter of life insurance, whose parent was PennCorp Financial Services based in Santa Monica. To support A.L. Williams headquartered in Atlanta, MILICO established a regional office in that city. In 1981, the company established First American National Corporation (later renamed The A.L. Williams Corporation) as a holding company for First American Life Insurance (later renamed A.L. Williams Life Insurance Company) and First American National Securities (later renamed PFS Investments, Inc). In 1982, The A.L. Williams Corporation (ALWC) underwrote a $27 million public stock offering, listed in the Over the Counter (OTC) market under the symbol ALWC. In 1983, the company became listed on the NASDAQ exchange under the same symbol.

WE TAKE UP THE BACK DOOR ALL DAY EVERYDAY.

Acquisition by Commercial Credit

The newly-named Primerica Corporation targeted Smith Barney as the first significant purchase that moved the company completely into financial services with the May 1987 announcement of its intent to buy the Wall Street brokerage for $750 million,[15] which would later end up as Primerica's sister company under Citigroup in 1998.[16]

In 1985 ALWC began the procedure to open business in Canada. After encountering legal and cultural roadblocks to expanding outside the United States, ALWC began selling insurance products of Pennsylvania Life Insurance Company, a Primerica subsidiary, in Canada in 1986.

On November 30, 1988 ALWC acquired MILICO from Primerica Corporation through a stock merger acquisition for 44.58 million shares of ALWC stock, making Primerica Corporation the majority shareholder of ALWC. In December 1988, Sandy Weill's Commercial Credit acquired Primerica Corporation for $1.54 billion, retaining the Primerica name. At this time, the major businesses under Primerica Corporation were A.L. Williams, Smith Barney and Commercial Credit. On February 6, 1989 Primerica Corporation began trading on the New York Stock Exchange.

Travelers and Citigroup era

In November, 1989, Primerica purchased the remaining 30% of ALWC that it did not previously own and the privately held General Agent, A.L. Williams, Inc. In 1991, Primerica Corporation changed the name of A.L. Williams to Primerica Financial Services. The following year MILICO, Primerica's life insurance underwriter, changed its name to Primerica Life Insurance Company, and its broker-dealer FANS changed to PFS Investments, Inc.[16]

In December 1993, Primerica acquired the remaining 73% of Travelers Insurance Corporation and adopted the name Travelers Inc., which was changed to Travelers Group the following year.[16] Travelers Group included Primerica Financial Services, Smith Barney, Travelers Life and Annuity, Travelers Property/Casualty, Commercial Credit and other financial businesses.

Joe Plumeri was Chairman & CEO of Primerica Financial Services from 1995 to 1999.[17][18][19] He ran PFS giving 10 to 20 evangelistic-styled speeches a week around the country, rallying 153,000 salespeople, and hosting his own monthly TV talk show, which was beamed from PFS headquarters to thousands of agents nationwide.[20][21][22] He gave a five-hour speech at one meeting, pausing only to change his sweat-soaked shirt.[22] In 1998, Primerica had net income of $398 million, on net sales of $1.65 billion, nearly double its 1994 $209 million net income, on net sales of $1.28 billion.[21]

In December 1997, Primerica announced it was going to begin offering pre-paid legal through Pre-Paid Legal Services, Inc., at the time both subsidiaries of Travelers Group, Inc.[23]

In 1998, the U.S. Securities and Exchange Commission (SEC) censured and fined PFS Investments Inc., the securities arm for Primerica, for failure to properly supervise a group of registered representatives in Dearborn, Michigan. The SEC found that PFS Investments Inc. had failed to have in place effective policies and procedures to follow up adequately on three complaints received about the Dearborn registered representatives' "selling away" activities. Prior to the SEC's ruling, PFS Investments Inc. voluntarily hired an independent consultant to review its supervisory and compliance policies and procedures to prevent and detect violations of the federal securities laws. By the date of the ruling, PFS Investments had complied with the final recommendations made by the independent consultant.[24]

In 1998, Travelers Group and banking giant Citicorp merged creating Citigroup (NYSE: C). Primerica and its affiliates continued to operate as subsidiaries of Citigroup, although the Travelers insurance business was spun off in 2002. Along with Primerica, other major brand names under Citigroup included Citibank, CitiFinancial, Citicorp Trust Bank, Smith Barney, and Banamex.

Long-time veteran executives John Addison and Rick Williams, whom Art Williams quoted in his book Coach as "two true sons of A.L. Williams",[25] were hired as co-CEOs in 2000, with Glen Williams promoted to President in 2005.

Conventions

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Official Atlanta Convention & Travel Bureau promotional banner for the Primerica 2007 Convention

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60,000 representatives attend the 2007 convention at the Georgia Dome

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View of the 2007 Convention Stage

Template:Fix bunching Primerica held its 30th Anniversary Convention August 1, 2007 through August 4, 2007 in Atlanta, Georgia in the Georgia Dome and the Georgia World Congress Center.[26] An estimated 60,000 representatives attended. Primerica Secure was introduced at the event, as well as the newest term life insurance product, Custom Advantage. Notable speakers included former Chairman & CEO of Citigroup Charles Prince, founder of Pre-Paid Legal Services, Inc. Harland Stonecipher, as well as Georgia Governor Sonny Perdue.[27]

Due to the general economic downturn and Citigroup's acceptance of government bailout funds totaling nearly $45 billion in 2008, in February 2009 its management decided to cancel Primerica's 2009 convention and a trip to the Atlantis Resort in the Bahamas for top agents, days before the trip was to take place.[28] However, in spite of the cancellation, Primerica's executives in August 2009 announced the company was holding two new trips for top producers within the company to Maui and Las Vegas planned to occur back to back in February 2010. It was publicized that the trips would be fully funded from Primerica profits, justifying the merits of the sales force.[29]

The company announced on June 17, 2010 that it will hold its biannual convention in the Georgia Dome June 15–18 in 2011.[30] This will mark the first time since its acquisition by the Primerica Corporation in 1990 the company has had one as an independent entity. It is expected to attract over 50,000 attendees.[31]

Separation from Citi

Citigroup attempted to sell Primerica in 2008,[32] having received several bids from life insurance companies and private equity firms interested in buying.[33][34] At the time the market value of the company was estimated to be $7 billion, roughly 15 times its annual earnings[35] and Citi was trying to match various bidders in groups that could bid for the unit together. Initially, a sale to JC Flowers & Co. LLC and Protective Life Corp was underway until the deal was canceled last minute for publicly undisclosed reasons.[36]

In May 2009 the Primerica executive team led by co-CEOs John Addison and Rick Williams approached private equity firm J.C. Flowers & Co. yet again, as well as Blackstone Group LP and TPG Inc [32] in a new attempt to have the company bought, a plan which Citigroup did not endorse.[37] As of 2010 the company was estimated to be valued at $4.9 billion.[3]

Initial Public Offering

On November 5, 2009 Citi announced that it intended to spin off Primerica through an initial public offering.[2] The Primerica executive and legal team filed an S-1 with the U.S. Securities and Exchange Commission (SEC),[38] having officially publicly announced the intention of becoming a public company. Citi would claim all profit from the primary offering, as well as continue to receive income from a significant portion of existing Primerica business,[39] with Citi Holdings CEO Michael Corbit claiming the move to be "the best separation alternative for this franchise."[40]

Primerica filed a final amended S-1 and preliminary prospectus with the SEC on March 17, 2010, indicating that it will offer 18 million shares[41] to the public through the IPO, with underwriters having the option to purchase an additional 2.7 million shares. The first trading occurred on April 1, 2010. Initially, the expected share price was in the $12 – $14 range, having ended up being priced $15 a share on March 31, 2010,[42] resulting in Citi raising 27 percent or $30 million more than $290 million projected through the IPO by selling 3.36 million more shares than the anticipated 18 million.[43] The first day of trading saw the stock surge 31 percent to end up closing at $19.65 a share.[44] In a separate offering, Private equity firm Warburg Pincus has bought 17.2 million shares, resulting in a 23 percent stake in Primerica, and up to 33 percent if Warburg decides to exercise warrants to purchase an additional 4.3 million shares from Citi.[45] It is expected Citi will have a stake between 32 percent and 46 percent and will divest its interest in Primerica "as soon as possible"[46] to fulfill its original goal of raising cash by shedding assets to improve financial performance.

Technology

In 2005[47] Primerica representatives were able to begin using the TurboApps[48] application developed by the Primerica Field Technology team via Palm handheld devices,[49] allowing the insurance quotes to be obtained instantly and applications filled out electronically, effectively speeding up the underwriting process for Primerica Life.[50] In 2007 the electronic application process was extended to include the $.M.A.R.T. loan program.

In the summer of 2009, Primerica's IT department started rolling out its line of TurboApps software on the windows mobile platform. With this change, wireless submission of applications is now possible.[51]

Reception

Primerica's life insurance underwriter Primerica Life Insurance Company and its New York subsidiary National Benefit Life are rated A+ as "Superior" by A. M. Best as of May 2008.[52] Standard & Poor's has the company rated AA as "Very Strong."[53] The Insurance Marketplace Standards Association, a non-profit organization based out of Bethesda, Maryland with the intent to create ethical standards for the insurance industry, has renewed qualification for Primerica Life and National Benefit Life for high standards and quality business, "continuing dedication to ethical business practices."[54]

In 2010, Primerica received its seventh Dalbar Service Award from Dalbar, Inc., a client service rating organization focused on raising the standards of customer satisfaction and quality in the financial services industry, for Primerica's excellent customer service in mutual funds.[55]

In 2009 the Better Business Bureau changed their rating system from “satisfactory/unsatisfactory” to an A+ rating. Primerica received an A+ rating from the BBB, and is also a BBB Accredited Business since January 1, 1980.[56]

Compensation

Primerica's licensed agents who are licensed in life insurance earned an average of $5,156 in compensation during 2009, or an average of $429.67 each month not accounting for taxes. The income level that an agent achieves varies based upon the licenses obtained, "contract level" at which the agent receives commissions and the amount of personal production and commission-based businesses written in the field as well as the size and activity of an agent's organization. This is also dependent on whether the agent is an RVP and is also licensed in securities, debt, and other financial parts of the company.[57]

References

  1. ^ a b c d e "Company Overview"
  2. ^ a b c Stynes, Tess (2000-03-17). "Primerica Unveils Estimated Terms Of Boosted IPO". The Wall Street Journal. Retrieved 2010-10-26.
  3. ^ a b "Amendment No. 4 to Form S-1". SEC. 2009-03-17. Retrieved 2010-03-21. {{cite news}}: External link in |publisher= (help)
  4. ^ a b PRI Ownership Primerica Inc Ownership
  5. ^ Primerica IPO prospectus
  6. ^ Yahoo! Finance Primerica IPO Profile
  7. ^ "Primerica Opportunity". Retrieved 2009-11-17.
  8. ^ a b "Primerica IPO: Citigroup unwinds its far-flung empire". BloggingStocks. 2009-11-06. Retrieved 2010-06-24. {{cite web}}: External link in |publisher= (help)
  9. ^ Peter Schneider; et al. (2008-05-27). "COMMENT of PRIMERICA FINANCIAL SERVICES, INC. on the REVISED NOTICE OF PROPOSED RULEMAKING on the BUSINESS OPPORTUNITY RULE R511993" (PDF). Federal Trade Commission. Retrieved 2010-11-22. {{cite web}}: Explicit use of et al. in: |author= (help)
  10. ^ "Contact Us." Primerica. Retrieved on January 5, 2010.
  11. ^ a b Primerica's History, http://www.primerica.com/public/history.html
  12. ^ "What is DebtWatchers". Retrieved 2009-11-20.
  13. ^ AGF Trust
  14. ^ Hann, Leslie Werstein (2000-09-01). "Primerica's Overseas Expansion Targets Spain's Middle Class". Best's Review. Retrieved 2008-06-15. {{cite news}}: External link in |publisher= (help)
  15. ^ Perlman, Merrill (1987-05-31). "WEEK IN BUSINESS; PRIMERICA SHARPENS ITS FINANCIAL FOCUS". The New York Times. Retrieved 2008-06-29.
  16. ^ a b c "Primerica Financial Services". Retrieved 2009-11-17.
  17. ^ "Plumeri next Willis CEO; Former Citigroup executive to succeed Reeve". Business Insurance. October 2, 2000. Retrieved July 15, 2010.
  18. ^ "Willis chief discusses changes in financial services.(Willis Group Ltd. CEO Joseph J. Plumeri)(Interview)". Business Insurance. January 15, 2001. Retrieved July 15, 2010.
  19. ^ "Joseph J. Plumeri Profile". Forbes. Retrieved July 15, 2010.
  20. ^ Bianco, Anthony (March 30, 1998). "Joe Plumeri: The Apostle of Life Insurance". Business Week. Retrieved July 15, 2010.
  21. ^ a b Nash, Jeff (April 19, 1999). "The Chief Preacher: Joe Plumeri – Citibank Finds Sales Religion". Investment News. Retrieved July 16, 2010.
  22. ^ a b Monica Langley (2004). Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World. . . and Then Nearly Lost It All. Simon and Schuster. ISBN 0743247264. Retrieved July 16, 2010.
  23. ^ "Primerica Financial Services to Offer Legal Plans Through Pre-paid Legal Services, Inc". Business Wire. 1997-12-19. Retrieved 2007-08-20.
  24. ^ SEC Release No.40269 - July 28, 1998
  25. ^ Williams, Art (2006). Coach. Atlanta, Georgia: Art Williams Productions. ISBN 0-9786266-0-5. {{cite book}}: Unknown parameter |coauthors= ignored (|author= suggested) (help); Unknown parameter |month= ignored (help)
  26. ^ Primerica 2007 Georgia Dome event
  27. ^ "Atlanta's Largest Corporate Convention Raises Attendance" (PDF). Atlanta Convention and Visitor's Bureau. Retrieved 2007-12-21. {{cite news}}: External link in |publisher= (help)
  28. ^ Stempel, Jonathan (2009-02-06). "Citigroup scraps Primerica convention, Bahamas trip". Reuters. Retrieved 2009-02-08.
  29. ^ Chris Cotter (2009). http://www.youtube.com/watch?v=gbyieioeruQ (TV). Fox News. {{cite AV media}}: External link in |title= (help)
  30. ^ Schoolcraft, Lisa (2010-06-17). "Primerica convention returns to Atlanta". Atlanta Business Chronicle. Retrieved 2010-06-24. {{cite news}}: External link in |publisher= (help)
  31. ^ Potts, Tony (2010-06-18). "Primerica Convention to Returns to Atlanta". Coosa Valley News. Retrieved 2010-06-24. {{cite news}}: External link in |publisher= (help)
  32. ^ a b Fineman, Josh (2009-01-15). "Primerica Said to Drop Citigroup References on Cards, Brochures". Bloomberg. Retrieved 2009-01-18.
  33. ^ Bansal, Paritosh (2008-06-06). "Citi gets initial bids for Primerica unit: sources". Reuters UK. Retrieved 2008-06-15. {{cite news}}: External link in |publisher= (help)
  34. ^ "Primerica prepares to be taken off Citi's map". TheDeal.com. 2008-06-06. Retrieved 2008-06-15. {{cite news}}: External link in |publisher= (help)
  35. ^ Wahba, Phil (2008-09-05). "Citi could sell Primerica, Texas business: Ladenburg's Bove". Reuters. Retrieved 2010-10-26.
  36. ^ Magpily, Gerald (2008-12-11). "Primerica sale is a bust for Citi". TheDeal.com. Retrieved 2009-01-03. {{cite news}}: External link in |publisher= (help)
  37. ^ "Citi's Primerica seeks bids for marketing arm: report". Yahoo!. 2009-05-13. Retrieved 2009-05-19.
  38. ^ Kulikowski, Laurie (2009-11-09). "Citi's Primerica IPO Points to Strategy Shift". TheStreet.com. Retrieved 2009-11-17.
  39. ^ "Citi Announces Filing of Registration Statement for Primerica IPO". Citi. 2009-11-05. Retrieved 2009-11-17.
  40. ^ Barr, Alistair (2009-11-05). "Citigroup files for IPO of Primerica unit". MarketWatch. Retrieved 2009-11-15. {{cite news}}: External link in |publisher= (help)
  41. ^ Moore, Michael (2010-03-17). "Primerica to Raise as Much as $290 Million in IPO (Update2)". BusinessWeek. Retrieved 2010-03-21.
  42. ^ Sweet, Ken (2010-04-01). "Primerca's IPO Prices at $15/Share; Stock Surging". Fox Business Network. Retrieved 2010-04-01. [dead link]
  43. ^ Tsang, Michael (2010-03-31). "Primerica Raises $320 Million in IPO Selling Shares Above Range". Bloomberg. Retrieved 2010-04-01.
  44. ^ Tsang, Michael (2010-04-01). "Primerica Jumps on First Day After $320 Million IPO (Update3)". BusinessWeek. Retrieved 2010-04-01.
  45. ^ "Citi's Primerica sets terms for $234 million IPO". Renaissance Capital. 2010-03-17. Retrieved 2010-03-21. {{cite news}}: External link in |publisher= (help)
  46. ^ "Citigroup To Sell Stake In Primerica". BusinessWeek. 2010-03-17. Retrieved 2010-04-01.
  47. ^ Kairer, Ryan (2005-08-30). "Primerica Deploys 4,000 Palm Devices". Palm Infocenter. Retrieved 2007-08-31. {{cite news}}: External link in |publisher= (help)
  48. ^ "Primerica Financial Services Uses Palm Devices to Automate Insurance Application Review". Palm, Inc. Retrieved 2007-10-13. {{cite news}}: External link in |publisher= (help)
  49. ^ "Primerica Runs Customized Financial Services Application on Palm Handhelds and Smartphones". Business Wire. 2005-08-30. Retrieved 2007-10-13.
  50. ^ Sisk, Michael (2005-11-01). "Primerica Experiment in Insurance Pays Off". US Banker. Retrieved 2007-08-31. {{cite news}}: External link in |publisher= (help)
  51. ^ "Primerica Goes Mobile". Ask Primerica. Retrieved 2009-12-10. {{cite news}}: External link in |publisher= (help)
  52. ^ "A.M. Best Affirms Ratings of Primerica Life Insurance Company and Its Subsidiaries". Reuters. 2008-05-15. Retrieved 2008-06-20.
  53. ^ Primerica Life Standard & Poor's Rating
  54. ^ "Primerica Life, National Benefit Life Renew Qualification in IMSA, Ethical Standards Organization". News Blaze. March 2007. Retrieved 2007-08-20. {{cite news}}: External link in |publisher= (help)
  55. ^ Whalen, Kathleen (2010-01-21). "DALBAR Announces Its 2009 Customer Service Award Winners in Financial Services" (PDF). Dalbar. Retrieved 2010-03-12. {{cite news}}: External link in |publisher= (help)
  56. ^ "Better Business Bureau Accredited Business Report". BBB Better Business Bureau. 2009-01-01. Retrieved 2009-01-16. {{cite news}}: External link in |publisher= (help)
  57. ^ "Primerica Disclosures". Primerica. 2010-04-12. Retrieved 2010-04-12.

Sources

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