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Written by:
Jeffrey Johnson
Insurance Lawyer
Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...
Reviewed by:
Mary Martin
Published Legal Expert
Mary Martin has been a legal writer and editor for over 20 years, responsible for ensuring that content is straightforward, correct, and helpful for the consumer. In addition, she worked on writing monthly newsletter columns for media, lawyers, and consumers. Ms. Martin also has experience with internal staff and HR operations. Mary was employed for almost 30 years by the nationwide legal publi...
UPDATED: Jun 8, 2021
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2006 Assets (parent): $474 billionS&P rating: AA- (very strong)Moody’s rating: Aa3 (excellent)Fitch rating: AA- (very strong)
Company History: Parent, Ameriprise Financial, Inc was founded in 1894 as Investors’ Syndicate, which became Investors Diversified Services and was purchased by American Express in 1984. Ameriprise became a separate, public company in 2005. RiverSource Life Insurance Co is the new name for one of the Amex insurance companies.
Principle Sales Methods: Independent agents and brokers.
Life Annuity Business: RiverSource Life Insurance Company sells permanent life insurance, term and survivorship insurance, partial and total disability policies, and fixed and variable annuity plans to individuals.
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