Eastbridge Consulting Group's 2007 U.S. Worksite Sales Report named Colonial Life & Accident Insurance Company the nation's second-largest seller of employee benefits in the workplace. The company's new sales premium was $334.9 million last year, giving it a 7.2 percent market share. Last year also saw the company pass the $1 billion mark in inforce premium for the first time.
The company ranked number 2 in short-term disability, accident and cancer insurance, and number 3 in critical illness, and universal and whole life insurance.
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