|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||89550|
|Date Licensed/Eligible/Registered in Texas:||01/01/1925|
11825 North Pennsylvania Street
Carmel IN 46032
|Toll Free Number:||(800)759-7007|
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||1.0||1.0|
|Total Life Ins||$4,312,689,000||$4,229,178,000||$4,265,553,000|
|As of:||Dec. 31, 2013||Dec. 31, 2014||Dec. 31, 2015|
|Life and Annuities||$5,993,740||$4,110,531||$4,294,260|
|Accident and Health||$38,059,891||$37,179,081||$37,946,621|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$44,053,631||$41,289,612||$42,240,881|
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||1||0|
|Accident and Health||1||1||0|
|Life and Annuities||.0000||.0000||.0055||13.9777||N/A|
|Accident and Health||.0019||.3853||.0019||.6597||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.
EFFECTIVE 10/01/2010 CONSECO HEALTH INSURANCE COMPANY (12875) PHOENIX, ARIZONA AND CONSECO INSURANCE COMPANY (93429) CHICAGO, ILLINOIS MERGED INTO COMPANY.
REDOMESTICATED FROM CHICAGO, ILLINOIS TO CARMEL, INDIANA BY WAY OF CHARTER AMENDMENT.
|08-14-2007||PENALTY OF $10,000 FOR FAILURE TO RESPOND TO AN INQUIRY IN NEBRASKA.|
|10-12-2004||EFFECTIVE 10/01/2004 BANKERS NATIONAL LIFE INSURANCE COMPANY (57900) AMARILLO, TEXAS MERGED INTO COMPANY.|
|10-29-2003||EFFECTIVE 07/01/2003 CONSECO MEDICAL INSURANCE COMPANY (93903) CHICAGO, ILLINOIS MERGED INTO COMPANY. EFFECTIVE 07/01/2003 PIONEER LIFE INSURANCE COMPANY (93409) CHICAGO, ILLINOIS MERGED INTO COMPANY.|
|10-26-2001||EFFECTIVE 06/30/2001 WABASH LIFE INSURANCE COMPANY (93691) CARMEL, INDIANA MERGED INTO COMPANY.|
|10-23-2001||PENALTY OF $7,500 FOR DENIAL TO PAY FOR MEDICALLY NECESSARY SERVICES IN MARYLAND.|
|09-06-2001||APPROVED TO WITHDRAW FROM WRITING GROUP ACCIDENT AND HEALTH AND GUARANTEED RENEWABLE ACCIDENT AND HEALTH INSURANCE IN TEXAS. COMPANY MAY NOT RE-ENTER MARKET FOR THESE LINES WITHOUT PRIOR APPROVAL UNTIL 09/06/2006.|
|06-18-2001||PENALTY OF $10,000 FOR REFUSAL TO PAY CLAIMS WITHOUT CONDUCTING A REASONABLE INVESTIGATION IN MAINE.|
|01-31-2000||PENALTY OF $8,000 FOR FAILURE TO PROVIDE CONSUMERS WITH A DESCRIPTION OF THE STATUTORILY MANDATED GRIEVANCE PROCEDURE IN MAINE.|
|09-22-1999||WITHDREW AUTHORIZATION TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
|07-13-1999||PENALTY OF $17,500 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN SOUTH DAKOTA.|
|02-18-1999||MOVED HOME OFFICE FROM LINCOLNSHIRE, ILLINOIS TO CHICAGO, ILLINOIS.|
|09-02-1998||PENALTY OF $35,000 FOR VIOLATIONS OF NORTH DAKOTA LAW IN NORTH DAKOTA.|
|06-23-1997||PARTIALLY REINSURED BY TRUSTMARK INSURANCE COMPANY (MUTUAL) (09360) LAKE FOREST, ILLINOIS|
|05-06-1997||PENALTY OF $5,000 FOR FAILURE TO FILE AMENDED FORMS IN A TIMELY MANNER IN MAINE.|
|12-20-1993||MOVED HOME OFFICE FROM EVANSTON, ILLINOIS TO LINCOLNSHIRE, ILLINOIS.|
|02-01-1993||AUTHORIZED TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
|09-23-1991||EFFECTIVE 09/01/1991 PARTIALLY REINSURED BY AMERICAN FOUNDERS LIFE INSURANCE COMPANY (02655) DALLAS, TEXAS.|
|09-10-1991||EFFECTIVE 03/01/1991 REINSURED BY WESTERN STATES LIFE INSURANCE COMPANY (91100) FARGO, NORTH DAKOTA.|
|08-23-1991||PENALTY OF $10,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN OKLAHOMA.|
|07-30-1991||PENALTY OF $10,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MISSOURI.|
|03-13-1991||PENALTY OF $5,000 FOR FAILURE TO FILE REQUIRED MATERNITY ENDORESEMENT ON RIDER IN VERMONT.|
|12-21-1990||PENALTY OF $10,000 FOR CLAIMS-HANDLING PROCEDURES IN FLORIDA.|
|11-07-1990||PENALTY OF $39,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN PENNSYLVANIA.|
|06-27-1990||EFFECTIVE 04/01/1990 PARTIALLY REINSURED BY MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND.|
|05-31-1954||ASSUMED ACCIDENT AND HEALTH BUSINESS OF CONTINENTAL LIFE INSURANCE COMPANY (00866) SAINT LOUIS, MISSOURI.|
|12-22-1949||REINSURED GREAT NORTHERN LIFE INSURANCE COMPANY (01635) MILWAUKEE, WISCONSIN|
|05-04-1949||REINSURED ALL ACCIDENT, HEALTH AND HOSPITALIZATION POLICIES OF SURETY LIFE INSURANCE COMPANY (03928) CORPUS CHRISTI, TEXAS. REINSURED ALL ACCIDENT AND HEALTH POLICIES OF METROPOLITAN INSURANCE COMPANY OF AMERICA (02504) CORPUS CHRISTI, TEXAS.|
|05-31-1938||HERCULES LIFE INSURANCE COMPANY (01828) CHICAGO, ILLINOIS MERGED INTO COMPANY|
|07-01-1937||GREAT WESTERN INSURANCE COMPANY (01654) DES MOINES, IOWA MERGED INTO AND WAS REINSURED BY COMPANY.|
|01-22-1931||FORMERLY: WASHINGTON FIDELITY NATIONAL INSURANCE COMPANY (04433).|
|01-01-1925||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.