First Trinity Financial Corporation and Brooke Capital Corporation Announce Agreement for Purchase of First Life
TULSA, OK–(Marketwire – July 21, 2008) – First Trinity Financial Corporation and Brooke Capital Corporation jointly announced today the signing of an agreement on July 18, 2008 for First Trinity’s purchase of Brooke Capital’s Topeka-based life insurance subsidiary, First Life America Corporation. The sale is subject to customary regulatory approval by the Kansas Insurance Department.
First Life America Corporation is a life insurance and annuity company headquartered in Topeka, Kansas, offering life insurance and annuity products to the citizens of Kansas, Illinois, Kentucky, Nebraska, North Dakota, Ohio, Oklahoma and Texas.
StoneRidge Advisors, LLC of Chicago, Ill. served as advisor to the seller on the transaction.