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333 Guadalupe St. P.O. Box 149104 Austin, TX 78714-9104

COMPANION LIFE INSURANCE COMPANY

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Table of Contents
General Info | Contact Info | Types of Insurance | Use of Credit | Attorney for Service | Ratings | Financial Info | Premiums | Complaint Ratios | Company History | Company Officers

General Information:

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Type of Entity:  Authorized Company (AUTH)
Status of TX License:  Active
Company Status:  Normal Operations
License Number:  5209
License Type:  Life (LI)
NAIC Number:  77828
TDI Company Number:  5209
FEIN:  570523959
Home City/State:  SC
Origin:  Foreign
Date Incorporated/Organized:  06/29/1970
Date Licensed/Eligible/Registered in Texas:  05/24/1988
Date Cancelled/Ineligible/Inactive:  

Contact Information:

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Mailing Address:  P O Box 100102
 Columbia SC 29202-3102
Office Number:  (803)735-1251
Toll Free Number:  (800)753-0404
Fax Number:  (803)735-0736

Physical Address:  7909 Parklane Road Suite 200
 Columbia SC 29223-5666
Office Number:  
Toll Free Number:  
Fax Number:  


Types of Insurance Licensed to Write:

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Use of Credit:

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To determine if a company uses credit information for private passenger automobile or homeowners insurance.


Attorney for Service:

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Rating By Financial Organization:

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The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.



Financial Information:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Total Assets   $186,795,646     $203,778,055     $251,724,872  
Total Liabilities   $76,834,099     $83,094,837     $113,713,861  
Asset to Liability Ratio   2.4     2.4     2.2  
Capital   $2,500,000     $2,500,000     $2,500,000  
Net Surplus   $107,461,547     $118,183,218     $135,511,012  
Total Life Ins   $8,017,615,000     $8,415,095,000     $8,744,955,000  


Premiums:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Life and Annuities   $631,381     $650,603     $732,063  
Accident and Health   $45,429,049     $48,393,576     $56,654,589  
Property and Casualty   N/A     N/A     N/A  
Total Texas Premium   $46,060,430     $49,044,179     $57,386,652  
National Premium   $496,754,102     $532,132,701     $643,256,635  


Complaint Information:

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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 Apr 18, 2014
Confirmed Complaints:      
Life and Annuity 0 0 0
Accident and Health 1 1 0
Homeowner 0 0 0
Automobile 0 0 0
Workers' Compensation 0 0 0
Complaint Ratio/Index Ratio Index Ratio Index  
Life and Annuities .0000 .0000 .0000 .0000 N/A
Accident and Health .0015 .6118 .0027 1.0097 N/A
Homeowner N/A N/A N/A N/A N/A
Automobile N/A N/A N/A N/A N/A
Workers' Compensation 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.


Company History:

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Date Event
03-25-2009 PENALTY OF $575 FOR FAILURE TO TIMELY FILE HOSPITAL AVERAGE REIMBURSEMENT RATES SURVEY IN COLORADO.
02-06-2009 PENALTY OF $23,000 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN FLORIDA.
03-22-2005 EFFECTIVE 01/01/2002 CERTAIN HEALTH INSURANCE REINSURED BY CENTRAL UNITED LIFE INSURANCE COMPANY (93609) HOUSTON, TEXAS.
12-03-2004 PENALTY OF $40,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MARYLAND.
06-23-2004 EFFECTIVE 01/01/2004 REINSURED CERTAIN GROUP ANNUITY CONTRACTS OF LIFE INVESTORS INSURANCE COMPANY OF AMERICA (48160) CEDAR RAPIDS, IOWA
04-02-1998 PENALTY OF $5,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN SOUTH CAROLINA.
08-24-1995 EFFECTIVE 06/01/1995 INDIVIDUAL LIFE POLICIES PARTIALLY REINSURED BY MADISON NATIONAL LIFE INSURANCE COMPANY, INC. (50320) MIDDLETON, WISCONSIN


Company Officers:

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Title Name
President TRESCOTT N HINTON JR.
Secretary VIVIAN B GRAY
Treasurer ROBERT A LEICHTLE