Bankers Life is today a leader in long term care insurance in the U.S.
Most of the gain in earnings last year came from taking one insurance subsidiary, Bankers Life, public at a fancy price.
Catherine created the business procedures for Bankers Life which would be used until tremendous growth finally made them obsolete.
He requested that the foundation be either dissolved or that the court appoint a receiver to manage and sell Bankers Life.
The cause was a heart attack, said the foundation, a charitable organization endowed by the founder of Bankers Life and Casualty Company.
Mr. Parkin spent 30 years with Bankers Life and Casualty.
The station was originally owned by Bankers Life, which is now the Principal Financial Group.
Mr. Ragle was dismissed by Bankers Life in 2002.
Bankers Life sells its products through a network of over 5,000 insurance agents based in over 275 nationwide offices.
The foundation later sold Bankers Life and Casualty Company.