Reliance Standard Acquires Standard Security Life Insurance of New York
Expands to become leading New York statutory disability insurer
As announced in April, Reliance Standard Life Insurance Company (Reliance Standard), a member of the Tokio Marine Group, has completed its acquisition of Standard Security Life Insurance Company of New York (SSL) from Independence Holding Company (NYSE:IHC).
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The transaction received final approval from the New York State Department of Financial Services (DFS) and was effective on January 1, 2022.
Standard Security Life is a leading provider of New York DBL and statutory paid family leave (PFL) insuran