|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||21750|
|Date Licensed/Eligible/Registered in Texas:||06/05/1931|
7101 College Blvd Ste 1400
Overland Park KS 66210-2082
|Toll Free Number:||(800)621-0393|
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||1.03||1.02||1.04|
|Total Life Ins||$708,047,000||$627,655,000||$568,598,000|
|As of:||Dec. 31, 2014||Dec. 31, 2015||Dec. 31, 2016|
|Life and Annuities||$1,353,598||$1,223,636||$1,082,121|
|Accident and Health||$2,131,800||$1,927,867||$1,652,406|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$3,485,398||$3,151,503||$2,734,527|
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, 2015||Dec 31, 2016||Oct 13, 2017|
|Life and Annuity||0||1||0|
|Accident and Health||1||0||0|
|Life and Annuities||.0000||.0000||.0124||18.0220||N/A|
|Accident and Health||.0070||2.4330||.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.
|04-11-2012||Redomesticated to Kansas|
|04-09-2009||PENALTY OF $375 FOR LATE FILING OF 2008 PREMIUM TAX IN NEW HAMPSHIRE.|
|02-11-2009||PENALTY OF $3,000 FOR FAILURE TO FILE ITS PREMIUM TAX RETURN OR PAY THE CORRESPONDING TAXES FOR THE YEARS 2004, 2005, 2006, AND 2007 IN PUERTO RICO.|
|03-08-2007||EFFECTIVE 09/01/2006 CERTAIN GROUP LIFE INSURANCE REISURED BY MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND AND CERTAIN NEW YORK ONLY GROUP LIFE INSURANCE REINSURED BY TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (93400) PURCHASE, NEW YORK.|
|03-11-2004||PENALTY OF $5,000 FOR FAILURE TO TIMELY FILE LOSS RESERVE CERTIFICATION IN MINNESOTA.|
|01-20-2004||MOVED HOME OFFICE FROM CHICAGO, ILLINOIS TO SCHAUMBURG, ILLINOIS.|
|08-24-1999||EFFECTIVE 07/30/1999 THE SIGNATURE LIFE INSURANCE COMPANY OF AMERICA SCHAUMBURG, ILLINOIS. (05821) MERGED INTO COMPANY EFFECTIVE 07/30/1999 MONTGOMERY WARD LIFE INSURANCE COMPANY SCHAUMBURG, ILLINOIS. (56100) MERGED INTO COMPANY|
|01-04-1999||EFFECTIVE 01/01/1999 PHF LIFE INSURANCE COMPANY (64040) ORLANDO, FLORIDA MERGED INTO COMPANY|
|06-01-1998||EFFECTIVE 07/01/1998 MORTGAGE INSURANCE POLICIES REINSURED BY MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND.|
|05-29-1998||EFFECTIVE 01/01/1998 REINSURED INDIVIDUAL HEALTH POLICIES OF RESOURCE LIFE INSURANCE COMPANY (39900) ROLLING MEADOWS, ILLINOIS.|
|07-01-1997||EFFECTIVE 01/01/1995 REINSURED THREE GROUP MORTGAGE ACCIDENTAL DEATH POLICIES OF MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND|
|03-28-1997||EFFECTIVE 11/30/1995 PARTIALLY REINSURED USLIFE CREDIT LIFE INSURANCE COMPANY (93746) SCHAUMBURG, ILLINOIS.|
|12-17-1996||EFFECTIVE 11/01/1994 REINSURED CERTAIN CREDIT LIFE POLICIES OF CHUBB LIFE INSURANCE COMPANY OF AMERICA (88750) CONCORD, NEW HAMPSHIRE|
|08-20-1996||EFFECTIVE 10/01/1989 REINSURED ALL CREDIT LIFE AND CREDIT ACCIDENT AND HEALTH POLICIES OF KNICKERBOCKER LIFE INSURANCE COMPANY (46350) EL PASO, TEXAS|
|07-09-1996||PENALTY OF $5,286.26 FOR SOLICITING WITH UNLICENSED AGENTS IN MONTANA.|
|08-21-1995||AUTHORIZED TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
CREDIT LIFE INSURANCE COMPANY, THE
EFFECTIVE 09/15/1993 UNION FIDELITY LIFE INSURANCE COMPANY (93807) TREVOSE, PENNSYLVANIA MERGED INTO COMPANY
REDOMESTICATED FROM SPRINGFIELD, OHIO TO CHICAGO, ILLINOIS
BY WAY OF CHARTER AMENDMENT
Licensed in/Redomesticated to Illinois
|03-05-1991||EFFECTIVE 09/30/1990 REINSURED 100% OF IN FORCE CREDIT LIFE AND DISABILITY INSURANCE OF FIRST CONTINENTAL LIFE AND ACCIDENT INSURANCE COMPANY OF TEXAS (93630) HOUSTON, TEXAS.|
|03-01-1991||EFFECTIVE 07/26/1990 REINSURED AMERICAN EQUITABLE LIFE INSURANCE COMPANY (02310) DALLAS, TEXAS. EFFECTIVE 07/26/1990 REINSURED ALLIED BANKERS LIFE INSURANCE COMPANY (01250) FORT WORTH, TEXAS.|
|08-06-1990||EFFECTIVE 06/20/1989 PARTIALLY REINSURED PACIFIC STANDARD LIFE INSURANCE COMPANY (05391) DAVIS, CALIFORNIA. EFFECTIVE 06/20/1989 PARTIALLY REINSURED PACIFIC STANDARD LIFE INSURANCE COMPANY OF TEXAS (64390) AUSTIN, TEXAS.|
|06-05-1931||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.