|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||83400|
|Date Licensed/Eligible/Registered in Texas:||07/21/1954|
10559 Citation Drive Suite 300
Brighton MI 48116
|Toll Free Number:||(866)582-7702|
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||1.1||1.1||1.1|
|Total Life Ins||$744,546,000||$701,617,000||$661,287,000|
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Life and Annuities||$4,646,544||$4,418,044||$4,576,034|
|Accident and Health||$437,442||$727,836||$1,437,765|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$5,083,986||$5,145,880||$6,013,799|
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||Nov 27, 2015|
|Life and Annuity||0||1||2|
|Accident and Health||1||0||0|
|Life and Annuities||.0000||.0000||.0088||25.0148||N/A|
|Accident and Health||.0617||24.7658||.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.
|08-28-2007||FORMERLY: COLUMBIA UNIVERSAL LIFE INSURANCE COMPANY|
|03-30-2007||REDOMESTICATED FROM AUSTIN, TEXAS TO BRIGHTON, MICHIGAN BY WAY OF CHARTER AMENDMENT.|
|12-05-2006||APPROVED ACQUISITION BY LIFESECURE INSURANCE COMPANY, BRIGHTON, MICHIGAN|
|01-21-2005||ARTICLE 1.28, TEXAS INSURANCE CODE, TO CHANGE THE LOCATION OF THEIR BOOKS AND RECORDS OUT OF TEXAS WAS APPROVED|
|10-15-2004||APPROVED ACQUISITION BY VERDE FINANCIAL CORPORATION, AN ARIZONA CORPORATION.|
|11-29-2001||ARTICLE 1.28, TEXAS INSURANCE CODE, WAS APPROVED TO MOVE THEIR BOOKS AND RECORDS OUT OF TEXAS|
|10-08-2001||WITHDREW FROM WRITING ALL LINES OF INSURANCE IN TEXAS. COMPANY MAY NOT RE-ENTER MARKET FOR THESE LINES WITHOUT PRIOR APPROVAL UNTIL 10/08/2006.|
|09-29-1999||APPROVED ACQUISITION BY THE ALLSTATE CORPORATION, A DELAWARE CORPORATION AND A.P.L. ACQUISITION CORPORATION, A DELAWARE CORPORATION.|
|02-27-1997||APPROVED ACQUISITION BY AMERICAN HERITAGE LIFE INSURANCE COMPANY (03090) JACKSONVILLE, FLORIDA|
|11-28-1994||EFFECTIVE 06/20/1991 REINSURED MIDWEST LIFE INSURANCE COMPANY, THE (86070) METAIRIE, LOUISIANA|
|10-04-1994||EFFECTIVE 05/01/1994 PARTIALLY REINSURED BY MEGA LIFE AND HEALTH INSURANCE COMPANY, THE (49010) OKLAHOMA CITY, OKLAHOMA.|
HILL COUNTRY LIFE INSURANCE COMPANY
COLUMBIA UNIVERSAL LIFE INSURANCE COMPANY (06136) AUSTIN, TEXAS AND HILL COUNTRY LIFE INSURANCE COMPANY OF MONTANA, HELENA, MONTANA NOT LICENSED IN TEXAS MERGED INTO COMPANY AND IMMEDIATELY CHANGED NAME TO COLUMBIA UNIVERSAL LIFE INSURANCE COMPANY.
|03-14-1991||EFFECTIVE 01/01/1991 PARTIALLY REINSURED AMERICAN INDEPENDENCE LIFE INSURANCE COMPANY (50525) JEFFERSON CITY, MISSOURI.|
|12-31-1990||EFFECTIVE 12/31/1990 HILL COUNTRY LIFE INSURANCE COMPANY (39680) AUSTIN, TEXAS MERGED INTO HILL COUNTRY LIFE INSURANCE COMPANY OF TEXAS, AUSTIN, TEXAS AND IMMEDIATELY CHANGED NAME TO HILL COUNTRY LIFE INSURANCE COMPANY COMMISSIONER'S ORDER NO. 90-2060 DATED 12/27/1990.|
|12-30-1983||GRAND LIFE INSURANCE COMPANY, PHOENIX, ARIZONA NOT LICENSED IN TEXAS MERGED INTO COMPANY.|
|06-02-1981||FORMERLY: TRANS-TEXAS LIFE INSURANCE COMPANY HYE, TEXAS. (04752)|
|07-21-1954||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.