|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||68655|
|Date Licensed/Eligible/Registered in Texas:||08/06/1915|
1 Fountain Square
Chattanooga TN 37402-1330
|Toll Free Number:|
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||1.0||1.1||1.1|
|Total Life Ins||$33,755,874,000||$29,601,605,000||$28,479,921,000|
|As of:||Dec. 31, 2013||Dec. 31, 2014||Dec. 31, 2015|
|Life and Annuities||$25,433,571||$26,188,417||$25,413,689|
|Accident and Health||$57,341,645||$54,608,001||$50,128,268|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$82,775,216||$80,796,418||$75,541,957|
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||Oct 21, 2016|
|Life and Annuity||0||0||0|
|Accident and Health||0||0||0|
|Life and Annuities||.0000||.0000||.0000||.0000||N/A|
|Accident and Health||.0000||.0000||.0000||.0000||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.
|12-01-2014||PENALTY OF $10,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN CONNECTICUT.|
|04-26-2013||PENALTY OF $11,000 FOR FAILURE TO FILE REVISED FORMS WITH AND SEEK THE APPROVAL OF THE COMMISSIONER PRIOR TO GENERAL PUBLIC USE IN MARYLAND.|
|03-10-2005||PENALTY OF $70,250 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN NORTH CAROLINA.|
|11-10-2004||PENALTY OF $50,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MINNESOTA.|
|03-19-2003||PENALTY OF $250,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN GEORGIA.|
|01-18-2002||PENALTY OF $40,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ILLINOIS.|
|11-19-2001||WITHDREW AUTHORIZATION TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
|02-22-2001||PENALTY OF $5,000 PAID BY COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA, PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY AND PAUL REVERE LIFE INSURANCE COMPANY FOR REFUSAL TO PROVIDE ACCESS AND PRODUCE DOCUMENTS REQUESTED BY COMMISSIONER'S EXAMINER IN GEORGIA.|
|07-19-2000||PENALTY OF $80,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN NORTH CAROLINA.|
|05-24-2000||PENALTY OF $19,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.|
|06-05-1998||EFFECTIVE 05/01/1998 GROUP ANNUITY POLICIES REINSURED BY CONTINENTAL ASSURANCE COMPANY (20500) CHICAGO, ILLINOIS|
|03-27-1998||EFFECTIVE 04/01/1998 MEDICAL INDEMNITY, DENTAL AND VISION INSURANCE REINSURED BY CONNECTICUT GENERAL LIFE INSURANCE COMPANY (19650) BLOOMFIELD, CONNECTICUT|
|03-13-1998||PENALTY OF $9,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN KENTUCKY.|
|12-12-1997||EFFECTIVE 01/01/1997 PARTIALLY REINSURED BY LIFE INVESTORS INSURANCE COMPANY OF AMERICA (48160) CEDAR RAPIDS, IOWA|
|06-14-1996||PENALTY OF $35,000 FOR ISSUING NON-STANDARD HEALTH BENEFIT PLANS WHICH DID NOT CONFORM TO THE STARDARD PLANS IN NEW JERSEY.|
|05-28-1993||EFFECTIVE 07/01/1993 PARTIALLY REINSURED PROVIDENT NATIONAL ASSURANCE COMPANY (68725) CHATTANOOGA, TENNESSEE|
|02-25-1993||PENALTY OF $10,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.|
|09-06-1991||EFFECTIVE 07/01/1991 PARTIALLY REINSURED PROVIDENT MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA (68700) PHILADELPHIA, PENNSYLVANIA|
|05-07-1990||AUTHORIZED TO OPERATE AS A THIRD PARTY ADMINISTRATOR|
|08-06-1915||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.