In 1907, previous Alabama representative William Dorsey Jelks established Protective Life Insurance Company, and in 1909, Protective Life paid its first demise claim. In 1927, Protective converged with Alabama National Insurance Company, and Alabama National's leader, Samuel Clabaugh, turned into the president of the consolidated organizations, which kept on working together as Protective. In 1937, Clabaugh turned over the authority of the organization to Col. William J. Rushton, and in 1969, Col. Rushton's child, William "Billy" J. Rushton III, got to be president of Protective.The more youthful Rushton then directed a progression of acquisitions that drove Protective into each of the 50 states.
As a component of this push, Drayton Nabers Jr. got to be CEO in 1992 and in 1993, Protective Life Corporation was recorded on the New York Stock Exchange under the ticker image PL. In 1997, Protective Life gained West Coast Life Nabers resigned in 2002 and Harvard Business School graduate John D. Johns was then named the president and CEO of Protective Life.
John D. Johns has served as president and CEO since 2002 and has been the administrator of the board since January 2003. Johns has been a chief since May 1997 and a worker of the organization and its backups since 1993. In 2007, Protective Life praised its 100th commemoration, only one year after its procurement of Chase Insurance Group in 2006. In 2013, Protective's chief auxiliary, Protective Life Insurance Company finished the obtaining of MONY Life Insurance Company and reinsured certain approaches of MONY Life Insurance Company of America.
The aggregate exchange cost was $1.06 billion. Defensive Life has workplaces in Alabama, California, Illinois, Missouri, Minnesota, Nebraska, Ohio, and Tennessee. In 2014, it was reported that the organization would be obtained by Dai-ichi Life. Dai-ichi Life is Japan's second-biggest private back up plan by premium income and its third-biggest by resources.
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