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333 Guadalupe St. P.O. Box 149104 Austin, TX 78714-9104

WEALTH INCREASE NETWORK, L.P.

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Table of Contents
General Info | Contact Info | Types of Insurance | Use of Credit | Attorney for Service | Ratings | Financial Info | Premiums | Complaint Ratios | Company History | Company Officers

General Information:

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Type of Entity:  Life Settlement Company (LSET)
Status of TX License:  Inactive
Company Status:  Coa Cancelled
License Number:  10311506
License Type:  Viatical Life Stl Brokers (VSB)
NAIC Number:  
TDI Company Number:  10311506
FEIN:  742872445
Home City/State:  TX
Origin:  Domestic
Date Incorporated/Organized:  11/23/2009
Date Licensed/Eligible/Registered in Texas:  01/06/2010
Date Cancelled/Ineligible/Inactive:  04/08/2014

Contact Information:

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Contact Person:  ROBERT N MORRIS
Mailing Address:  516 Russett Lane
 El Paso TX 79912-7127
Office Number:  (915)833-6383
Toll Free Number:  (888)833-4946
Fax Number:  (915)833-6155

Physical Address:  516 Russett Lane
 El Paso TX 79912-7127
Office Number:  
Toll Free Number:  
Fax Number:  


Types of Insurance Licensed to Write:

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Use of Credit:

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To determine if a company uses credit information for private passenger automobile or homeowners insurance.


Attorney for Service:

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Rating By Financial Organization:

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The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.



Financial Information:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Total Assets   N/A     N/A     N/A  
Total Liabilities   N/A     N/A     N/A  
Asset to Liability Ratio   N/A     N/A     N/A  
Capital   N/A     N/A     N/A  
Net Surplus   N/A     N/A     N/A  
Total Life Ins   N/A     N/A     N/A  


Premiums:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Life and Annuities   N/A     N/A     N/A  
Accident and Health   N/A     N/A     N/A  
Property and Casualty   N/A     N/A     N/A  
Total Texas Premium   N/A     N/A     N/A  
National Premium   N/A     N/A     N/A  


Complaint Information:

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When considering the company's complaint index and ratio, be sure to review the company history information displayed below for recent acquisitions, mergers, or other events that may affect the figures displayed for this company.


  Dec 31, 2012 Dec 31, 2013 Apr 11, 2014
Confirmed Complaints:      
Life and Annuity 0 0 0
Accident and Health 0 0 0
Homeowner 0 0 0
Automobile 0 0 0
Workers' Compensation 0 0 0
Complaint Ratio/Index Ratio Index Ratio Index  
Life and Annuities N/A N/A N/A N/A N/A
Accident and Health N/A N/A N/A N/A N/A
Homeowner N/A N/A N/A N/A N/A
Automobile N/A N/A N/A N/A N/A
Workers' Compensation N/A N/A N/A N/A N/A

Confirmed Complaints: the number of confirmed complaints closed against the company for the line of insurance and year indicated. A complaint is confirmed if the department receives information indicating that a company committed any violation of an applicable state insurance law or regulation, a federal requirement the department has authority to enforce or the term or condition of an insurance policy or certificate. A complaint is also confirmed if the complaint and company's response, considered together, suggest that the company was in error or that the complainant had a valid reason for the complaint.

Complaint Ratios: the ratio, expressed as a percentage, is the number of closed confirmed complaints divided by the number of policies the company had in force for the line of insurance and year indicated.

Complaint Index: indicates how a company's ratio of the number of complaints to the number of policyholders compares to the average for all insurers. The index is calculated by dividing the company's percentage of complaints for a specific line of insurance by the company's percentage of the policies in force for the same line of insurance. The average index is 1.00. A number less than 1 indicates fewer complaints than average; a number greater than 1 indicates more complaints than average. For the most recent completed year, a given insurer's index may change over time, as policy count data is received by TDI. This will affect each insurer's percentage of the total.

Complaints against an insurance company are not part of the complaint tally above if the insurance company served only as a Third Party Administrator (TPA), a company hired simply to administer the paperwork of a health plan. Instead, they are included in the complaint record of the insurance company or HMO that hired the TPA. If a bonafide self-insured benefit plan hired the TPA, no complaint numbers are recorded as a part of the company/TPA's profile. Neither are profiles available for self-insured plans, as such plans are regulated under federal law.


Company History:

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Date Event
04-08-2014 Company Type: Viatical Life Stl Brokers
Company Status: Conversion to Producer
Viatical Life Stl Brokers: Conversion to Producer
01-06-2010 ISSUED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
10-16-2009 VIATICAL/LIFE SETTLEMENT CERTIFICATE WITHDRAWN DUE TO FAILURE TO RENEW
08-20-2007 RENEWED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
11-09-2005 RENEWED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
10-13-2003 RENEWED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
09-27-2001 ISSUED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
08-22-2000 ISSUED VIATICAL/LIFE SETTLEMENT BROKER CERTIFICATE OF REGISTRATION
03-27-2000 RECEIVED VIATICAL/LIFE SETTLEMENT BROKER APPLICATION FOR REGISTRATION
11-30-1998 VIATICAL BROKER APPLICATION WITHDRAWN FOR NO RESPONSE
04-03-1998 RECEIVED VIATICAL SETTLEMENT BROKER APPLICATION FOR REGISTRATION


Company Officers:

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Title Name
Manager EVELYN Z MORRIS
Partner ROBERT N MORRIS