|Type of Entity:||Authorized Company (AUTH)|
|Status of TX License:||Active|
|Company Status:||Home State Receivership/Liquidation|
|License Type:||Fire and Casualty (FC)|
|TDI Company Number:||4200|
|Date Licensed/Eligible/Registered in Texas:||05/15/1940|
1 Corporate Drive Suite 200
Lake Zurich IL 60047
|Toll Free Number:||(800)833-0355|
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, 2011||Dec. 31, 2012||Dec. 31, 2013|
|Asset to Liability Ratio||10,880.6||N/A||N/A|
|Total Life Ins||N/A||N/A||N/A|
|As of:||Dec. 31, 2011||Dec. 31, 2012||Dec. 31, 2013|
|Life and Annuities||N/A||N/A||N/A|
|Accident and Health||$0||N/A||N/A|
|Property and Casualty||$6,286||N/A||N/A|
|Total Texas Premium||$6,286||N/A||N/A|
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||Mar 7, 2014|
|Life and Annuity||0||0||0|
|Accident and Health||0||0||0|
|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.
|05-13-2013||EFFECTIVE 05/10/2013, DESIGNATED AS AN IMPAIRED INSURER IN TEXAS.|
|05-08-2013||HOME STATE RECEIVERSHIP/LIQUID (PLACED IN LIQUIDATION IN ILLINOIS.)|
|04-07-2005||EFFECTIVE 08/31/2004 KEMPER SURPLUS LINES INSURANCE COMPANY, LONG GROVE, ILLINOIS NOT LICENSED IN TEXAS MERGED INTO COMPANY EFFECTIVE 08/31/2004 KEMPER INDEMNITY INSURANCE COMPANY, LONG GROVE, ILLINOIS NOT LICENSED IN TEXAS MERGED INTO COMPANY.|
|02-18-2005||EFFECTIVE 12/31/2004 AMERICAN PROTECTION INSURANCE COMPANY (04600) LONG GROVE, ILLINOIS MERGED INTO COMPANY EFFECTIVE 12/31/2004 SPECIALTY NATIONAL INSURANCE COMPANY (12450) LONG GROVE, ILLINOIS MERGED INTO COMPANY|
|07-25-2003||ORDERED TO CEASE ISSUING ANY NEW OR RENEWAL CONTRACTS OF INSURANCE IN ANY JURISDICTION ON OR AFTER 08/01/2003 IN ILLINOIS.|
|07-21-2003||APPROVED TO WITHDRAW FROM WRITING FIRE, ALLIED LINES, HOMEOWNERS MULTIPLE PERIL, PRIVATE PASSENGER AUTO NO-FAULT PERSONAL INJURY PROTECTION, OTHER PRIVATE PASSENGER AUTO LIABILITY AND PRIVATE PASSENGER AUTO PHYSICAL DAMAGE INSURANCE IN TEXAS. COMPANY MAY NOT RE-ENTER MARKET FOR THESE LINES WITHOUT PRIOR APPROVAL UNTIL 07/21/2008.|
|06-16-2003||PENALTY OF $5,000 FOR FAILURE TO TIMELY FILE EXPERIENCE RATING DATA IN TEXAS.|
|02-28-2000||PENALTY OF $10,500 PAID BY COMPANY, AMERICAN MANUFACTURERS MUTUAL INSURANCE COMPANY, AMERICAN PROTECTION INSURANCE COMPANY AND LUMBERMENS MUTUAL CASUALTY COMPANY FOR FAILURE TO TIMELY FILE DATA IN TEXAS.|
|08-16-1995||PENALTY OF $40,000 PAID BY COMPANY, LUMBERMENS MUTUAL CASUALTY COMPANY, AMERICAN MANUFACTURERS MUTUAL INSURANCE COMPANY AND AMERICAN PROTECTION INSURANCE COMPANY FOR VIOLATIONS FOUND DURING A RATE EXAMINIATION IN ARIZONA.|
|02-21-1994||PENALTY OF $23,100 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN FLORIDA.|
|03-02-1992||PENALTY OF $49,940 FOR EXCEEDING MAXIMUM PERMISSIBLE NUMBER OF NON-RENEWALS OR CONDITIONAL RENEWALS FOR AUTOMOBILE INSURANCE POLICIES IN NEW YORK.|
|12-10-1953||EXCESS INSURANCE COMPANY OF AMERICA (01171) NEW YORK, NEW YORK MERGED INTO COMPANY|
|05-15-1940||GRANDFATHERED FOR CAPITAL AND SURPLUS REQUIREMENTS|
|President||DOUGLAS S ANDREWS|
|Secretary||JOHN K CONWAY|
|Treasurer||GEOFFREY A COOKE|
|Director||RICHARD N ROSETT|