Pacific Life Insurance Company was founded by Leland Stanford, a former California governor, in 1868. In 1885 Stanford founded Stanford University, one of the most respected universities in the world.
In 1885 the company began issuing accident insurance, an innovative move for a company at that time.
The Great Depression hit the company hard and in 1936 Pacific Life was mutualized, with policy holders becoming part owners.
Today Pacific Mutual Holding Company operates throughout the United States, offering life insurance, asset management, and financial services to its individuals, businesses, and pension plans through its subsidiary Pacific Life & Annuity.
Pacific Life Insurance Company
Pacific Life Insurance Company was founded by Leland Stanford, a former California governor, in 1868. In 1885 Stanford founded Stanford University, one of the most respected universities in the world.
In 1885 the company began issuing accident insurance, an innovative move for a company at that time.
The Great Depression hit the company hard and in 1936 Pacific Life was mutualized, with policy holders becoming part owners.
History
Today Pacific Mutual Holding Company operates throughout the United States, offering life insurance, asset management, and financial services to its individuals, businesses, and pension plans through its subsidiary Pacific Life & Annuity.