|Type of Entity:||Authorized Company (AUTH)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|License Type:||Lloyds (LLY)|
|TDI Company Number:||58960|
|Date Licensed/Eligible/Registered in Texas:||09/01/1948|
P O Box 2650
Waco TX 76702-2650
|Toll Free Number:||(800)749-6419|
510 North Valley Mills Drive
Waco TX 76710
|Toll Free Number:|
To determine if a company uses credit information for private passenger automobile or homeowners insurance.
Please refer to Chapter 804 of the Texas Insurance Code (former Texas Insurance Code art. 1.36) for service of process procedures.
The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Asset to Liability Ratio||1.9||1.9||2.1|
|Total Life Ins||N/A||N/A||N/A|
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Life and Annuities||N/A||N/A||N/A|
|Accident and Health||$9,630||$1,092||$774|
|Property and Casualty||$110,931,503||$116,705,402||$115,594,117|
|Total Texas Premium||$110,941,133||$116,706,494||$115,594,891|
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, 2013||Dec 31, 2014||Apr 24, 2015|
|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.
|12-08-2014||STATUTORY DEPOSIT BALANCE $4,100,000|
|12-30-2009||APPROVED TO WITHDRAW FROM WRITING WIND INSURANCE IN TIER 1 IN TEXAS. COMPANY MAY NOT RE-ENTER MARKET FOR THIS LINE WITHOUT PRIOR APPROVAL UNTIL 12/30/2014.|
|01-31-2007||APPROVED ACQUISITION BY GERALD J. FORD, AFFORDABLE RESIDENTIAL COMMUNITIES INC., A MARYLAND CORPORATION, ARC INSURANCE HOLDINGS INC., A DELAWARE CORPORATION, HUNTER'S GLEN/FORD, LTD., A TEXAS LIMITED PARTNERSHIP AND ARC DIAMOND, LP, A TEXAS LIMITED PARTNERSHIP.|
|08-30-2001||ATTORNEY-IN-FACT NAME CHANGE FROM GUIDEONE NATIONAL LLOYDS, INC. TO NLASCO NATIONAL LLOYDS, INC.|
|06-13-2001||WITHDREW ARTICLE 1.28 APPLICATION AND MOVED BOOKS AND RECORDS BACK TO TEXAS.|
|12-22-2000||ACQUIRED BY NLASCO, INC., A DELAWARE CORPORATION.|
|04-10-2000||ARTICLE 1.28, TEXAS INSURANCE CODE, WAS APPROVED TO MOVE THEIR BOOKS AND RECORDS OUT OF TEXAS.|
ACQUIRED BY GUIDEONE SPECIALTY MUTUAL INSURANCE COMPANY (54830) AND GUIDEONE PROPERTY & CASUALTY INSURANCE COMPANY, WEST DES MOINES, IOWA
EFFECTIVE 12/31/1999 CHANGED ATTORNEY-IN-FACT FROM NATLLOYD, LTD. TO GUIDEONE NATIONAL LLOYDS, INC.
|03-18-1999||CHANGED ATTORNEY-IN-FACT FROM NATIONAL GROUP MANAGEMENT CORPORATION TO NATLLOYD, LTD.|
|03-16-1999||EFFECTIVE 03/31/1999 TOTALLY REINSURED NATIONAL FIDELITY & SECURITY INSURANCE COMPANY (05961) WACO, TEXAS.|
|10-08-1993||DELETED WORKERS' COMPENSATION & EMPLOYERS' LIABILITY INSURANCE.|
|08-21-1991||CHANGED ATTORNEYS-IN-FACT FROM C. CLIFTON ROBINSON AND ALL OTHERS TO NATIONAL GROUP MANAGEMENT CORPORATION.|
|04-08-1969||FORMERLY: NATIONAL LLOYDS (02724).|
|08-30-1948||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.