Lightstone Invests in McDaniel Company, Parent of Heartland National Life Insurance
Lightstone has made a strategic investment in the McDaniel Company, the parent of Heartland National Life Insurance, to support its expansion in the annuity and supplemental health insurance markets. The investment aims to combine Lightstone's investment expertise with Heartland's insurance experience to provide innovative solutions for retirees. The deal includes management changes and new leadership roles for Lightstone executives at Heartland.
Topics: insurance industry investment management changes partnership retirement market