Top Headlines: Protective Life announces big deal, Austal USA investigated

Protective Life Insurance announces $1.2 billion deal Birmingham’s Protective Life Insurance Co. has announced it will acquire substantially all of the individual life and annuity business of Great-West Life & Annuity Insurance Co. in a $1.2 billion deal. Protective, a subsidiary of Dai-ichi Life Holdings, said the acquisition will be the largest in company history…

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