|Type of Entity:||Fire and Casualty (FC)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||20550|
|Date Licensed/Eligible/Registered in Texas:||04/05/1948|
333 South Wabash
Chicago IL 60604
|Toll Free Number:||(877)262-2727|
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, 2014||Dec. 31, 2015||Dec. 31, 2016|
|Asset to Liability Ratio||1.35||1.33||1.33|
|Total Life Ins||N/A||N/A||N/A|
|As of:||Dec. 31, 2014||Dec. 31, 2015||Dec. 31, 2016|
|Life and Annuities||N/A||N/A||N/A|
|Accident and Health||$27,311,808||$27,072,290||$24,222,841|
|Property and Casualty||$495,218,877||$557,431,019||$613,338,387|
|Total Texas Premium||$522,530,685||$584,503,309||$637,561,228|
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.
|Life and Annuity||N/A||N/A||N/A|
|Accident and Health||N/A||N/A||N/A|
|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|
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.
|08-12-2009||PENALTY OF $3,000 FOR FAILURE TO TIMELY PAY FEE IN TEXAS.|
|06-26-2008||PENALTY OF $40,000 FOR FAILURE TO PROVIDE COMPLETE AND ACCURATE FORMS AND REPORTS IN 2006 AND 2007 IN TEXAS.|
|12-31-2004||EFFECTIVE 12/31/2004 CNA CASUALTY COMPANY OF TEXAS (93611) DALLAS, TEXAS MERGED INTO COMPANY|
|07-14-2004||PENALTY OF $5,000 FOR ADVERTISING VIOLATIONS IN TEXAS.|
|05-21-2001||PENALTY OF $10,000 FOR FAILING TO ALLOW MEMBERS TO OBTAIN COVERAGE THROUGH A DIFFERENT PLAN AND FAILING TO TIMELY RESPOND TO INQUIRIES IN TEXAS.|
|06-28-2000||EFFECTIVE 07/01/2000 REINSURED LONG TERM CARE INSURANCE FROM BLUE CROSS AND BLUE SHIELD OF TEXAS, A DIVISION OF HEALTH CARE SERVICE CORPORATION (94686) CHICAGO, ILLINOIS|
|09-17-1998||PENALTY OF $41,303 PAID BY COMPANY AND 11 OTHER COMPANIES, CNA INSURANCE COMPANIES, FOR FAILURE TO TIMELY FILE THE SPECIAL CLOSED CLAIM SURVEY IN TEXAS.|
|01-22-1997||APPROVED TO WITHDRAW FROM WRITING ALL OTHER ACCIDENT AND HEALTH INSURANCE IN TEXAS.|
|09-18-1996||EFFECTIVE 06/30/1996 MEDICAL PAYMENTS POLICIES REINSURED BY UNITED TEACHER ASSOCIATES INSURANCE COMPANY (05815) AUSTIN, TEXAS.|
|05-21-1996||EFFECTIVE 06/01/1996 CERTAIN DISABILITY INCOME AND MEDICAL PAYMENT POLICIES REINSURED BY TRUSTMARK INSURANCE COMPANY (MUTUAL) (09360) LAKE FOREST, ILLINOIS.|
|06-29-1994||PARTIALLY REINSURED BY BANKERS LIFE AND CASUALTY COMPANY. (07900)|
|05-24-1993||PENALTY OF $5,700 FOR FAILURE TO TIMELY FILE QUARTERLY CLOSED CLAIM REPORTS AND ADDITIONAL FORMS IN TEXAS.|
|03-08-1993||PENALTY OF $20,000 PAID BY COMPANY, NATIONAL FIRE INS CO OF HARTFORD, TRANSCONTINENTAL INS CO, AMERICAN CASUALTY CO OF READING, PENNSLYVANIA AND VALLEY FORGE INS CO FOR VIOLATIONS OF PERSONAL LINES LAWS IN MARYLAND.|
|01-18-1993||PENALTY OF $60,000 PAID BY COMPANY, TRANSPORTATION INS CO, NATIONAL FIRE INS CO OF HARTFORD, TRANSCONTINENTAL INS CO, AMERICAN CASUALTY CO OF READING, PA AND VALLEY FORGE INS CO FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.|
|11-16-1992||PENALTY OF $10,000 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN SOUTH DAKOTA.|
|04-01-1992||PENALTY OF $11,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN FLORIDA.|
|03-05-1992||PENALTY OF $40,000 PAID BY COMPANY, TRANSPORTATION INS CO, NATIONAL FIRE INS CO OF HARTFORD, TRANSCONTINENTAL INS CO, AMERICAN CASUALTY CO OF READING, PA AND VALLEY FORGE INSURANCE COMPANY FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN VIRGINIA.|
|02-06-1992||PENALTY OF $5,000 FOR VIOLATING MEDICARE SUPPLEMENT LAWS IN WISCONSIN.|
|05-09-1991||PENALTY OF $11,250 FOR ISSUING POLICY WITHOUT SUBMITTING RATE FILING FOR APPROVAL IN KANSAS.|
|06-30-1948||FORMERLY: CONCASCO CASUALTY INSURANCE COMPANY (00822).|
|04-05-1948||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.