|Type of Entity:||Authorized Company (AUTH)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|License Type:||Fire and Casualty (FC)|
|TDI Company Number:||59500|
|Date Licensed/Eligible/Registered in Texas:||01/01/1901|
175 Water Street 18th Floor
New York City NY 10038
|Toll Free Number:||(877)638-4244|
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, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Asset to Liability Ratio||1.7||1.3||1.3|
|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||$81,948,432||$76,338,316||$58,906,193|
|Property and Casualty||$562,329,760||$408,685,877||$425,261,438|
|Total Texas Premium||$644,278,192||$485,024,193||$484,167,631|
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||11||3||1|
|Life and Annuities||N/A||N/A||N/A||N/A||N/A|
|Accident and Health||.0004||.1606||.0001||.0199||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.
|02-15-2012||EFFECTIVE 12/30/2011 LANDMARK INSURANCE COMPANY (101092) SACRAMENTO, CALIFORNIA, A SURPLUS LINES COMPANY, MERGED INTO COMPANY.|
|09-15-2011||EFFECTIVE 10/07/2010 NATIONAL UNION FIRE INSURANCE COMPANY OF LOUISIANA (94619) BATON ROUGE, LOUISIANA, AUDUBON INSURANCE COMPANY (07030) BATON ROUGE, LOUISIANA AND AUDUBON INDEMNITY COMPANY (101189) JACKSON, MISSISSIPPI, A SURPLUS LINES COMPANY, MERGED INTO COMPANY.|
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PENNSYLVANIA
ADDED WORKERS' COMPENSATION & EMPLOYERS' LIABILITY INSURANCE.
|02-16-2010||PENALTY OF $650,000 PAID BY COMPANY AND AMERICAN HOME ASSURANCE COMPANY FOR POLICY VIOLATIONS IN TEXAS.|
|06-17-2009||PENALTY OF $17,500 PAID BY COMPANY AND 12 OTHER AFFILIATED COMPANIES FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN MARYLAND.|
|03-31-2008||PENALTY OF $2,000 FOR FAILURE TO DELAY IMPLEMENTATION OF A RATE FILING AND SUPPLEMENTARY RATE INFORMATION FILING MADE BY A RATE SERVICE ORGANIZATION IN VIRGINIA.|
|01-08-2007||PENALTY OF $500,000 PAID BY COMPANY AND 9 OTHER COMPANIES FOR FAILURE TO TIMELY FILE REPORTS IN TEXAS.|
|10-14-2004||PENALTY OF $17,500 FOR POLICY FORM AND ENDORSEMENT VIOLATIONS IN TEXAS.|
|03-22-2004||EFFECTIVE 04/01/2004 REINSURED INDIVIDUAL CANCER AND SPECIFIED DISEASE POLICIES OF HARTFORD LIFE INSURANCE COMPANY (93435) HARTFORD, CONNECTICUT|
ADDED REINSURANCE ON ALL LINES AUTHORIZED TO BE WRITTEN ON A DIRECT BASIS INSURANCE.
MOVED HOME OFFICE FROM PITTSBURGH, PENNSYLVANIA TO HARRISBURG, PENNSYLVANIA.
|10-07-1999||PENALTY OF $5,000 PAID BY COMPANY AND GRANITE STATE INSURANCE COMPANY, NEW YORK, NEW YORK FOR FAILURE TO TIMELY FILE EXPERIENCE RATING DATA OR RELATED INFORMATION IN TEXAS.|
|07-31-1997||PENALTY OF $50,000 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN TEXAS.|
|04-12-1994||PENALTY OF $295,000 FOR FAILURE TO TIMELY FILE REPORTS IN TEXAS.|
|02-24-1992||PENALTY OF $17,500 PAID BY COMPANY AND 3 OTHER COMPANIES FOR VIOLATIONS FOUND DURING A RATE EXAMINATION IN ARIZONA.|
|04-09-1991||DELETED WORKERS' COMPENSATION & EMPLOYERS' LIABILITY INSURANCE.|
|10-28-1988||CERTIFICATE OF AUTHORITY SUSPENSION LIFTED IN WYOMING.|
|09-28-1988||CERTIFICATE OF AUTHORITY SUSPENDED IN WYOMING.|
|12-31-1927||REINSURED TEXAS FIRE INSURANCE COMPANY (04005) WACO, TEXAS.|
|04-29-1914||REINSURED RIO GRANDE FIRE INSURANCE COMPANY (03396) SAN ANTONIO, TEXAS.|
|01-01-1901||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.