|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||3080|
|Date Licensed/Eligible/Registered in Texas:||08/03/1956|
3001 Meacham Blvd Suite 200
Fort Worth TX 76137
|Toll Free Number:||(800)316-5607|
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, 2015||Dec. 31, 2016||Dec. 31, 2017|
|Asset to Liability Ratio||1.25||1.30||1.17|
|Total Life Ins||$10,450,445,000||$9,823,430,000||$11,259,779,000|
|As of:||Dec. 31, 2015||Dec. 31, 2016||Dec. 31, 2017|
|Life and Annuities||$7,111,232||$5,414,698||$7,726,677|
|Accident and Health||$10,304,399||$7,411,910||$12,448,991|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$17,415,631||$12,826,608||$20,175,668|
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, 2016||Dec 31, 2017||Jul 20, 2018|
|Life and Annuity||0||0||0|
|Accident and Health||0||0||0|
|Life and Annuities||.0000||.0000||.0000||.0000||N/A|
|Accident and Health||.0000||.0000||.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.
|05-07-2018||Approved acquisition by Apollo Global Management, LLC, a Delaware limited liability company and Leon Black, Joshua Harris, and Marc Rowan, New York residents.|
|07-30-2015||Approved acquisition by SpringLeaf Holdings, Inc. a Delaware publicly traded corporation HCS No. 989908.|
|02-17-2015||Effective 01/01/2015, Sears Life Insurance Company (86250) Fort Worth, Texas, merged into company.|
|08-20-2008||PENALTY OF $580.49 FOR UNDERPAYMENT OF ESTIMATED TAXES IN MASSACHUSETTS.|
|06-27-2008||PENALTY OF $1,000 FOR FAILING TO TIMELY FILE BIOGRAPHICAL INFORMATION FOR NEW OFFICER IN LOUISIANA.|
|07-05-2007||PENALTY OF $742.77 FOR UNDERPAYMENT OF ESTIMATED TAX IN MICHIGAN.|
|06-12-2007||PENALTY OF $174.93 FOR UNDERPAYMENT OF QUARTERLY ESTIMATED TAX INSTALLMENT IN CONNECTICUT.|
|11-30-2005||PENALTY OF $7,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN VIRGINIA.|
|11-22-2005||PENALTY OF $6,300 FOR VIOLATIONS FOUND DURING A TARGETED MARKET CONDUCT EXAMINATION IN KENTUCKY.|
|06-28-2005||EFFECTIVE 07/01/2005 CITY HOLDINGS REINSURANCE LIFE COMPANY, PHOENIX, ARIZONA NOT LICENSED IN TEXAS MERGED INTO COMPANY.|
|05-04-2004||ARTICLE 1.28, TEXAS INSURANCE CODE, TO CHANGE THE LOCATION OF THEIR BOOKS AND RECORDS OUT OF TEXAS WAS APPROVED|
|07-03-2003||EFFECTIVE 07/01/2003 ASSOCIATES FINANCIAL LIFE INSURANCE COMPANY (22377) TULLAHOMA, TENNESSEE MERGED INTO COMPANY EFFECTIVE 07/01/2003 ASSOCIATES FINANCIAL LIFE INSURANCE COMPANY OF TEXAS (93532) IRVING, TEXAS MERGED INTO COMPANY|
|04-07-2003||EFFECTIVE 03/31/2003 FAMILY INSURANCE CORPORATION, MADISON, WISCONSIN NOT LICENSED IN TEXAS MERGED INTO COMPANY|
|02-12-2002||ARTICLE 1.28, TEXAS INSURANCE CODE, WAS APPROVED TO MOVE THEIR BOOKS AND RECORDS OUT OF TEXAS|
|02-03-1998||REDOMESTICATED FROM BALTIMORE, MARYLAND TO FORT WORTH, TEXAS BY WAY OF CHARTER AMENDMENT|
|08-12-1994||EFFECTIVE 07/01/1994 REINSURED WORLD SERVICE LIFE INSURANCE COMPANY OF AMERICA (92835) BESSEMER, ALABAMA|
|04-19-1994||PENALTY OF $30,966.93 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MISSOURI.|
|10-04-1993||PARTIALLY REINSURED WORLD SERVICE LIFE INSURANCE COMPANY, A COLORADO CORPORATION NOT LICENSED IN TEXAS.|
|08-31-1993||PREMIER FIDELITY LIFE INSURANCE COMPANY AN ARIZONA CORPORATION NOT LICENSED IN TEXAS AND ATLANTIC-PHOENIX LIFE INSURANCE COMPANY AN ARIZONA CORPORATION NOT LICENSED IN TEXAS MERGED INTO COMPANY|
|07-13-1993||EFFECTIVE 02/01/1993 CITADEL LIFE INSURANCE COMPANY, THE (93422) BALTIMORE, MARYLAND MERGED INTO COMPANY|
|02-11-1987||REINSURED COMMERCIAL CREDIT UNDERWRITERS (36100) SAN ANTONIO, TEXAS|
|08-31-1962||FORMERLY: CAVALIER LIFE INSURANCE COMPANY (00586) REINSURED AMERICAN HEALTH INSURANCE CORPORATION (00143) BALTIMORE, MARYLAND|
|06-16-1954||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.