Kentucky Central Life Insurance Company
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Kentucky Central Life Insurance Company
Kentucky Central Life Insurance Company (KCL) was one of the largest life insurance companies in the United States, writing policies in 49 states and the District of Columbia until its collapse in 1993. At the time of the collapse Kentucky Central had over $43 billion in assets, making it the seventh largest insurance collapse in United States history, and at the time the largest business collapse in Kentucky history. History Kentucky Central was a small regional life insurance company based in Louisville, Kentucky until 1959 when controlling interest in the company was purchased by Garvice Kincaid, who was also named CEO of KCL until his death. Already one of the most successful businessmen in Kentucky, Kincaid owned interests in radio and television broadcasting, banking, finance, real estate, and was also a managing partner in his own law firm when he purchased KCL. In 1963, Kincaid announced plans to move the company to Lexington, Kentucky in an attempt to consolidate his many ...
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Gray Television
Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 180 stations across the United States in 113 markets. Its station base consists all ranges of media markets, from as large as Atlanta, to one of the smallest markets, North Platte, Nebraska. History James H. Gray started his communication business with the purchase of '' The Herald Publishing Company'' (a company founded in 1897 to promote The Albany Herald, a newspaper that started publication in 1891), in 1946 after he returned from World War II. Gray launched WALB-TV in 1954. In 1960, Gray purchased WJHG-TV in Panama City, Florida, and followed it later in the decade with KTVE serving Monroe, Louisiana and southern Arkansas. In 1986 Gray died, leaving his 50.5% share of the stock in a trust for his children with stipulation that they run the business together, sell th ...
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Brain Cancer
A brain tumor occurs when abnormal cells form within the brain. There are two main types of tumors: malignant tumors and benign (non-cancerous) tumors. These can be further classified as primary tumors, which start within the brain, and secondary tumors, which most commonly have spread from tumors located outside the brain, known as brain metastasis tumors. All types of brain tumors may produce symptoms that vary depending on the size of the tumor and the part of the brain that is involved. Where symptoms exist, they may include headaches, seizures, problems with vision, vomiting and mental changes. Other symptoms may include difficulty walking, speaking, with sensations, or unconsciousness. The cause of most brain tumors is unknown. Uncommon risk factors include exposure to vinyl chloride, Epstein–Barr virus, ionizing radiation, and inherited syndromes such as neurofibromatosis, tuberous sclerosis, and von Hippel-Lindau Disease. Studies on mobile phone exposure have not s ...
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Companies Based In Lexington, Kentucky
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Financial Services Companies Disestablished In 1993
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Financial Services Companies Established In 1959
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper company, with claimed revenues of nearly $101 billion during 2000. ''Fortune'' named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal. Enron has become synonymous with willful corporate fraud and corruption. The scandal also brought into question the accounting practices and activities of many corporations in the United States and was a factor in the enac ...
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Jefferson County, Kentucky
Jefferson County is located in the north central portion of the U.S. state of Kentucky. As of the 2020 census, the population was 782,969. It is the most populous county in the commonwealth (with more than twice the population of second ranked Fayette County). Since a city-county merger in 2003, the county's territory, population and government have been coextensive with the city of Louisville, which also serves as county seat. The administrative entity created by this merger is the Louisville/Jefferson County Metro Government, abbreviated to Louisville Metro. Jefferson County is the anchor of the Louisville-Jefferson County, KY-IN Metropolitan Statistical Area, locally referred to as Kentuckiana. History Jefferson County—originally Jefferson County, Virginia—was established by the Virginia General Assembly in June 1780, when it abolished and partitioned Kentucky County into three counties: Fayette, Jefferson and Lincoln. Named for Thomas Jefferson, who was governor ...
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Ernie Fletcher
Ernest Lee Fletcher (born November 12, 1952) is an American physician and politician. In 1998, he was elected to the first of three consecutive terms in the United States House of Representatives; he resigned in 2003 after being elected the 60th governor of Kentucky and served until 2007. Prior to his entry into politics, Fletcher was a family practice physician and a Baptist lay minister. He is the second physician to be elected Governor of Kentucky; the first was Luke P. Blackburn in 1879. He is a member of the Republican Party. Fletcher graduated from the University of Kentucky and joined the United States Air Force to pursue his dream of becoming an astronaut. He left the Air Force after budget cuts reduced his squadron's flying time and earned a degree in medicine, hoping to earn a spot as a civilian on a space mission. Deteriorating eyesight eventually ended those hopes, and he entered private practice as a physician and conducted services as a Baptist lay minister. He be ...
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Steve Beshear
Steven Lynn Beshear (born September 21, 1944) is an American attorney and politician who served as the 61st governor of Kentucky from 2007 to 2015. He served in the Kentucky House of Representatives from 1974 to 1980, was the state's 44th attorney general from 1980 to 1983, and was the 49th lieutenant governor from 1983 to 1987. After graduating from the University of Kentucky College of Law in 1968, Beshear briefly practiced law in New York before returning to Kentucky and being elected to the state legislature, where he gained a reputation as a consumer advocate. He parlayed that reputation into a term as attorney general, serving under Governor John Y. Brown Jr. As attorney general, Beshear issued an opinion that copies of the Ten Commandments must be removed from the walls of the state's classrooms in the wake of the U.S. Supreme Court's decision in ''Stone v. Graham''. He also clashed with first lady Phyllis George Brown when he opposed the practice of charging an admi ...
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Cumulus Media
Cumulus Media, Inc. is an American broadcasting company and is the third largest owner and operator of AM and FM radio stations in the United States behind Audacy and iHeartMedia. As of June 2019, Cumulus lists ownership of 428 stations in 87 media markets. It also owns and operates Westwood One. Its headquarters are located in Atlanta, Georgia. Its subsidiaries include Cumulus Broadcasting LLC, Cumulus Licensing LLC and Broadcast Software International Inc. Company history Origins Cumulus Media was established in August 1998 by radio consultant Lewis Dickey Jr. and media and technology entrepreneur Richard Weening. The Telecommunications Act of 1996, among other legislation, relaxed media ownership restrictions, allowing a single owner to possess or control an unprecedented number of radio stations per market and nationwide. Dickey, then a nationally known radio programming consultant, was acting as a consultant to a small radio group in which Weening had a personal investme ...
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Hazard, Kentucky
Hazard is a list of Kentucky cities, home rule-class city in, and the county seat of, Perry County, Kentucky, Perry County, Kentucky, United States. The population was 5,263 at the 2020 Census. History Local landowner Elijah Combs, Elijah Combs Sr. laid out the town in 1824 as the planned seat of the newly established Perry County, Kentucky, Perry County. Both the town and the county were named for Commodore (U.S.), Cdre. Oliver Hazard Perry, a commander in the 1813 Battle of Lake Erie in the War of 1812. The post office was initially known as Perry Court House but the name was officially changed to Hazard in 1854. The city was formally incorporated by the Kentucky Assembly, state assembly in 1884.Commonwealth of Kentucky. Office of the Secretary of State. Land Office. "Hazard, Kentucky". Accessed 29 July 2013. Long isolated by the surrounding mountains, Hazard was opened to the outside world by the arrival of the railroad in 1912. The only access to the valley had previously b ...
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WYMT-TV
WYMT-TV (channel 57) is a television station licensed to Hazard, Kentucky, United States, serving as the CBS affiliate for the Eastern Kentucky Coalfield region. Owned by Gray Television, the station maintains studios on Black Gold Boulevard off the Kentucky Route 15, KY 15 bypass in Hazard, and its transmitter is located south of the city in Perry County, Kentucky, Perry County. Although identifying as a separate station in its own right, WYMT is actually considered a Broadcast relay station#Semi-satellites, semi-satellite of WKYT-TV (channel 27) in Lexington, Kentucky, Lexington. As such, it clears all network programming as provided through its parent station but airs a separate offering of Broadcast syndication, syndicated programming; there are also separate local newscasts, commercial inserts and legal station identifications. Master control and some internal operations are based at WKYT's facilities on Winchester Road in Lexington. History As an NBC affiliate The station ...
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