In the Mexicali Valley, the CRLC raised cattle and grew cotton.
Mexico's ban on imported Chinese workers spurred the CRLC to bring workers from Sinaloa and Sonora.
The name change is part of a reincorporation which provides for a merger of CRLC into a newly-established Delaware corporation named Ceres Group, Inc.
Nauert, President and Chief Executive Officer of CRLC.
This is a fabulous opportunity for CRLC
," said Peter W.
had net income of $403,000 in the third quarter, compared to a net loss of $4.
At completion, Continental General Corporation and Continental General Insurance Company will be wholly-owned subsidiaries of CRLC
The ultimate resolution of the Rating Watch -- Down will depend on a review of the financial strength of CRLC
, future capitalization plans, and the operating strategy among other factors.
Miller will be responsible for all financial, investment and treasury operations of CRLC
recently acquired the health insurance business of United Benefit Life.
He is a principal investor in the investment group, which, along with Insurance Partners, purchased controlling interest in CRLC
Nauert, President and Chief Executive Officer of CRLC
and the former CEO of PFS, which was acquired by Conseco, Inc.