Midwest Holding Inc. Acquires Old Reliance Insurance Company

Cyrus Rajabi

Practice Area:Mergers & Acquisitions

Outcome:Transaction Successfully Closed

Description:Midwest Holding Inc. and its wholly owned life insurance company, American Life & Security Corp., have acquired Old Reliance Insurance Company, an Arizona domiciled life insurance company, for $3.3 million. Jones & Keller acted as counsel to Midwest Holding Inc. in the transaction.