Knights of the Maccabees was a fraternal organization formed in 1878 in London, Ontario, Canada.
A related but separate organization "Maccabees of the World" was also established, the two merging under the title "The Knights of the Maccabees of the World" (KOTMOTW) later shortened to the " Maccabees " in 1914.
Most active in the U.S. state of Michigan, the group's fraternal aspects took a backseat to providing low-cost insurance to members. In the society's early years, it also provided other final-expense related benefits such as society cemeteries.
- By 1920 the ladies' auxiliary, Ladies of the Maccabees, alone claimed more than 200,000 members.
- In 1926, they established their headquarters at the Maccabees Building in downtown Detroit, Michigan. In 1960, the Maccabees relocated to a new building in Southfield, Michigan - a suburb of Detroit. In 1986, they built new 251,000-square-foot (23,300 m 2 ) office building, once again in Southfield.
- In 1941 the group gained control of the Michigan Union Life Association, furthering its transformation from a benefit society into a modern, legal-reserve insurance company.
- In 1962, the group changed its name again, this time to the Maccabees Mutual Life Insurance Company .
- In the 1990s the organization was demutualized and sold to the Royal Insurance Group and operated under the name Royal Maccabees Life Insurance Company .
- In 1999, Royal Maccabees was sold by its parent company, Royal & SunAlliance Financial Services, to Swiss Re. Swiss Re merged it into its subsidiary, Reassure America Life Insurance Company.
References
- ^ Royal & Sun Alliance Insurance Group plc ( 1999-03-04 ). "Royal & SunAlliance Announces the Sale of its US Life Operations to Swiss Re Life & Health". Press release . http://www.rsagroup.com/rsa/uploads/press/SaleofUSlifebusiness050399.pdf . Retrieved 2009-07-26 .
- ^ ""Reassure America Life Insurance Company"". Company Profile Search . Texas Department of Insurance . https://apps.tdi.state.tx.us/pcci/pcci_show_profile.jsp?tdiNum=50150 . Retrieved 2009-07-26 .
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