Standard Insurance Company, also branded as The Standard, is an American insurance and financial company which is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. On July 23, 2015, Meiji Yasuda, a Japanese mutual insurance group, made an offer to purchase Stancorp Financial for $5 billion. The transaction was completed in the first quarter of 2016. On February 24, 1906 Leo Samuel, a German immigrant, founded the Oregon Life Insurance Company. In 1946 the company name was changed to Standard Insurance Company.
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