|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Cancelled|
|TDI Company Number:||66620|
|Date Licensed/Eligible/Registered in Texas:||07/08/1959|
10 Glenlake Parkway Suite 500
Atlanta GA 30328-3473
|Toll Free Number:||(800)801-0800|
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, 2013||Dec. 31, 2014||Dec. 31, 2015|
|Asset to Liability Ratio||N/A||N/A||N/A|
|Total Life Ins||N/A||N/A||N/A|
|As of:||Dec. 31, 2013||Dec. 31, 2014||Dec. 31, 2015|
|Life and Annuities||N/A||N/A||N/A|
|Accident and Health||N/A||N/A||N/A|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||N/A||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, 2014||Dec 31, 2015||May 27, 2016|
|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.
|10-02-2002||EFFECTIVE 07/01/2001 MERGED INTO FORTIS BENEFITS INSURANCE COMPANY (90700) WOODBURY, MINNESOTA CERTIFICATE OF AUTHORITY CANCELLED.|
|06-07-1999||MOVED HOME OFFICE FROM VALENCIA, CALIFORNIA TO LOS ANGELES, CALIFORNIA.|
|10-02-1996||EFFECTIVE 10/01/1995 PAN-WESTERN LIFE INSURANCE COMPANY (94254) COLUMBUS, OHIO MERGED INTO COMPANY|
|09-20-1996||MOVED HOME OFFICE FROM NORTH HOLLYWOOD, CALIFORNIA TO LOS ANGELES, CALIFORNIA. THEN ON 04/22/1996 MOVED HOME OFFICE TO VALENCIA, CALIFORNIA.|
|03-11-1996||EFFECTIVE 10/01/1995 AMERICAN FUNERAL ASSURANCE COMPANY (05537) AMORY, MISSISSIPPI MERGED INTO COMPANY.|
|04-19-1995||EFFECTIVE 01/01/1995 HOWARD LIFE INSURANCE COMPANY (41300) LAKEWOOD, COLORADO MERGED INTO COMPANY|
|11-29-1994||EFFECTIVE 12/01/1993 TOTALLY REINSURED ESTATE ASSURANCE COMPANY (05846) METAIRIE, LOUISIANA|
|12-22-1992||CERTIFICATE OF AUTHORITY REINSTATED IN INDIANA|
|10-12-1992||CERTIFICATE OF AUTHORITY REINSTATED IN TENNESSEE (AS PER NAIC)|
|09-22-1992||CERTIFICATE OF AUTHORITY SUSPENDED IN UTAH (AS PER NAIC)|
|06-19-1992||CERTIFICATE OF AUTHORITY SUSPENDED IN INDIANA|
|01-22-1992||CERTIFICATE OF AUTHORITY SUSPENDED IN WYOMING|
|12-20-1991||CERTIFICATE OF AUTHORITY REVOKED IN ALASKA (AS PER NAIC)|
|11-14-1991||CEASE AND DESIST ORDER ISSUED IN OKLAHOMA|
|09-20-1991||CERTIFICATE OF AUTHORITY SUSPENDED IN ALASKA|
|08-30-1991||CERTIFICATE OF AUTHORITY REINSTATED IN ARIZONA|
|08-28-1991||CERTIFICATE OF AUTHORITY SUSPENDED IN TENNESSEE|
|07-29-1991||CERTIFICATE OF AUTHORITY SUSPENDED IN MISSISSIPPI|
|07-22-1991||CERTIFICATE OF AUTHORITY SUSPENDED IN ARIZONA|
|07-17-1991||CEASE AND DESIST ORDER ISSUED 06/29/1991 IS VACATED IN CALIFORNIA|
|06-28-1991||CEASE AND DESIST FROM WRITING NEW OR RENEWAL BUSINESS IN CALIFORNIA|
|03-23-1964||FORMERLY: PIERCE INSURANCE COMPANY (03114).|
|07-08-1959||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.