|Type of Entity:||Authorized Company (AUTH)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|License Type:||Life (LI)|
|TDI Company Number:||18250|
|Date Licensed/Eligible/Registered in Texas:||10/31/1949|
1000 North Milwaukee Avenue 6th Floor
Glenview IL 60025
|Toll Free Number:||(866)445-8872|
To determine if a company uses credit information for private passenger automobile or homeowners insurance.
The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Asset to Liability Ratio||1.2||1.2||1.1|
|Total Life Ins||$5,355,418,000||$5,413,814,000||$5,714,581,000|
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Life and Annuities||$3,965,819||$3,900,418||$3,590,665|
|Accident and Health||$33,242,414||$32,274,493||$33,653,957|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$37,208,233||$36,174,911||$37,244,622|
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, 2013||Dec 31, 2014||Mar 27, 2015|
|Life and Annuity||1||0||0|
|Accident and Health||1||0||0|
|Life and Annuities||.0063||12.2039||.0000||.0000||N/A|
|Accident and Health||.0004||.1606||.0000||.0000||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.
|07-17-2014||PENALTY OF $5,000 FOR FAILURE TO USE APPROVED RATES IN WASHINGTON.|
|10-22-2010||EFFECTIVE 12/31/2008 LONG TERM CARE BUSINESS REINSURED BY MEDAMERICA INSURANCE COMPANY (83340) PITTSBURGH, PENNSYLVANIA.|
|07-22-2010||PENALTY OF $500 FOR ONE ALLEGED VIOLATION OF THE STATUTES IN NEVADA.|
|01-19-2010||PENALTY OF $2,420 FOR FAILURE TO MEET THE REPORTING REQUIREMENTS IN COLORADO.|
|10-28-2008||PENALTY OF $1,000 FOR FAILURE TO SUBMIT A LIST CONTAINING CERTAIN POLICY FORM INFORMATION IN MICHIGAN.|
|12-10-2007||PENALTY OF $30,000 (WITH $20,000 PROBATED) FOR FAILURE TO PAY CLAIMS WITH DATES OF SERVICE DURING THE YEAR 2006 IN A TIMELY MANNER IN TEXAS.|
|03-07-2007||PENALTY OF $11,000 FOR FAILURE TO IMPLEMENT ADEQUATE PROCEDURES TO ENSURE PROPER LICENSURE OF ITS INDEPENDENT AGENTS IN IOWA.|
|02-07-2007||EFFECTIVE 09/01/2006 CERTAIN GROUP LIFE INSURANCE POLICIES REINSURED BY MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND.|
|06-29-2006||PENALTY OF $9,750 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN FLORIDA.|
|06-13-2006||PENALTY OF $9,000 FOR FAILURE TO FILE RATES, RATING SCHEDULES, AND SUPPORTING DOCUMENTATION FOR MEDICARE INSURANCE POLICY FORMS IN OREGON.|
|10-12-2005||PENALTY OF $5,000 FOR FAILURE TO FILE CERTAIN DISCLOSURE STATEMENTS FOR APPROVAL IN SOUTH CAROLINA.|
|03-14-2005||PENALTY OF $50,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN PENNSYLVANIA.|
|03-29-2004||PENALTY OF $10,000 FOR TERMINATING AGENTS WITHOUT SUFFICIENT NOTICE IN OREGON.|
|03-12-2004||PENALTY OF $40,000 FOR VIOLATIONS OF ADVERTISING RULES IN WEST VIRGINIA.|
|07-08-2002||PENALTY OF $20,000 FOR VIOLATIONS FOUND DURING A TARGET MARKET CONDUCT EXAMINATION OF MEDICARE SUPPLEMENT OPERATIONS IN MARYLAND.|
|05-17-2002||PENALTY OF $27,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN VIRGINIA.|
|12-20-2001||EFFECTIVE 10/29/2001 REINSURED CERTAIN ACCIDENT AND HEALTH BUSINESS OF RELIANCE INSURANCE COMPANY (70000) PHILADELPHIA, PENNSYLVANIA.|
|07-13-2001||EFFECTIVE 01/02/2001 CERTAIN INFORCE HEALTH POLICIES REINSURED BY METHODIST HEALTH INSURANCE COMPANY (95542) HOUSTON, TEXAS.|
|03-22-1999||EFFECTIVE 10/01/1998 A BLOCK OF GROUP OCCUPATIONAL ACCIDENT COVERAGE REINSURED BY THE UNION CENTRAL LIFE INSURANCE COMPANY (85050) CINCINNATI, OHIO.|
|09-26-1996||PENALTY OF $34,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN KENTUCKY.|
|03-21-1996||PENALTY OF $10,954.24 FOR LATE PREMIUM TAX FILINGS IN MISSISSIPPI.|
|09-26-1995||PENALTY OF $34,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN KENTUCKY.|
|03-28-1995||EFFECTIVE 01/03/1995 GLOBE LIFE INSURANCE COMPANY (33670) CHICAGO, ILLINOIS MERGED INTO COMPANY|
|01-09-1995||EFFECTIVE 12/31/1994 MAYFLOWER NATIONAL LIFE INSURANCE COMPANY OF TEXAS (93644) DALLAS, TEXAS MERGED INTO COMPANY.|
|08-12-1994||EFFECTIVE 06/01/1994 PARTIALLY REINSURED AMEX LIFE ASSURANCE COMPANY (29770) SAN RAFAEL, CALIFORNIA.|
|02-04-1993||EFFECTIVE 11/01/1992 PARTIALLY REINSURED NORTH AMERICAN LIFE AND CASUALTY COMPANY (93629) MINNEAPOLIS, MINNESOTA.|
|03-09-1992||EFFECTIVE 01/01/1991 PARTIALLY REINSURED FEDERAL HOME LIFE INSURANCE COMPANY (28745) INDIANAPOLIS, INDIANA.|
|02-20-1992||PENALTY OF $5,000 FOR ADVERTISING VIOLATION IN IOWA AS PER NAIC.|
|08-07-1991||EFFECTIVE 01/31/1991 PARTIALLY REINSURED CERTAIN INDIVIDUAL AND GROUP ACCIDENT AND HEALTH POLICIES OF AMOCO LIFE INSURANCE COMPANY (05685) OMAHA, NEBRASKA|
|09-24-1985||MOVED HOME OFFICE FROM NORTHBROOK, ILLINOIS TO CHICAGO, ILLINOIS.|
|12-31-1982||COMBINED AMERICAN INSURANCE COMPANY (18200) DALLAS, TEXAS MERGED INTO COMPANY|
|03-12-1982||MOVED HOME OFFICE FROM CHICAGO, ILLINOIS TO NORTHBROOK, ILLINOIS.|
|12-31-1973||HEARTHSTONE INSURANCE COMPANY OF MASSACHUSETTS NOT LICENSED IN TEXAS BROOKLINE, MASSACHUSETTS MERGED INTO COMPANY.|
|12-01-1949||FORMERLY: CICA INSURANCE COMPANY (00670) REINSURED COMBINED INSURANCE COMPANY OF AMERICA (00773) PHILADELPHIA, PENNSYLVANIA|
|10-31-1949||GRANDFATHERED FOR CAPITAL AND SURPLUS REQUIREMENTS|
For names of the company’s current officers, please contact the company at the phone number listed in the Contact Information above or on their website.