by John Darer CLU ChFC CSSC RSP
Mutual of Omaha returned to the structured settlement annuity businesin 2010. This was great news for injury victims, personal injury lawyers and structured settlement consultants as it offers better price competition and more opportunities for diversification of structured settlements in their settlement recoveries.
Mutual of Omaha has been in business since March 5, 1909, when it was incorporated in Nebraska as Mutual Benefit Health & Accident Association. A rebranding in 1962 saw the name change to Mutual of Omaha Insurance Company. For 8 years beginnng in 1963 the company sponsored Mutual of Omaha's Wild Kingdom was a staple of family TV on Sunday nights and won 4 Emmy Awards,
According to its 2023 year end financials, United of Omaha, had just over $38.5B in assets. 2023_United_of_omaha_audited_statutory_financial_statements.pdf (mutualofomaha.com)
It's third party financial ratings at the time of posting are:
A.M. Best A+ (Superior)
Moodys A1 (Excellent)
Standard & Poors A+ (Very Strong)
Read more about the company history of Mutual of Omaha
Last updated August 26, 2024
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