Richard S. Holson, II
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Richard S. Holson, III is the Chairman of the Board, President and CEO of Guarantee Trust Life Insurance Company.
Contents
Ties to the American Legislative Exchange Council
Guarantee Trust Life Insurance Company is a member of the Health and Human Services Task Force of the American Legislative Exchange Council (ALEC) as of 2011. [1]
| About ALEC |
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ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our ExposedbyCMD.org site.
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Background
Guarantee Trust Life Insurance is an insurance company based in Glenview, IL that offers coverage for K-12 schools, community and junior colleges, universities, and other special risk clients such as athletic groups, camps, child care and special events. Subsidiaries are Cornerstone Senior Services and VantageAmerica Solutions, Inc.
Guarantee Trust Life Insurance Company is a private company and does not publicize their SEC filings. Its website has the following information: $190 million in invested assets, $177 million in total liabilities, $131 million in total reserve for life policies and contracts, and accident and health policies, and $42 million in net surplus.[2]
Articles and resources
Related SourceWatch articles
References
- ↑ Health and Human Services Task Force, ALEC website, accessed July 7, 2011.
- ↑ Financial Information,"Guarantee Trust Life Insurance Company"
External resources
External articles
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