Texas Department of Insurance Logo
333 Guadalupe St. P.O. Box 149104 Austin, TX 78714-9104

COLORADO BANKERS LIFE INSURANCE COMPANY

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Table of Contents
General Info | Contact Info | Types of Insurance | Use of Credit | Attorney for Service | Ratings | Financial Info | Premiums | Complaint Ratios | Company History | Company Officers

General Information:

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Type of Entity:  Authorized Company (AUTH)
Status of TX License:  Active
Company Status:  Normal Operations
License Number:  93450
License Type:  Life (LI)
NAIC Number:  84786
TDI Company Number:  93450
FEIN:  840674027
Home City/State:  CO
Origin:  Foreign
Date Incorporated/Organized:  05/28/1974
Date Licensed/Eligible/Registered in Texas:  05/30/1979
Date Cancelled/Ineligible/Inactive:  

Contact Information:

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Mailing Address:  5990 Greenwood Plaza Blvd Suite 325
 Greenwood Village CO 80111
Office Number:  (303)220-8500
Toll Free Number:  (800)367-7814
Fax Number:  (303)220-8056


Types of Insurance Licensed to Write:

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Use of Credit:

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To determine if a company uses credit information for private passenger automobile or homeowners insurance.


Attorney for Service:

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Rating By Financial Organization:

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The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.



Financial Information:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Total Assets   $202,282,496     $232,476,528     $256,893,412  
Total Liabilities   $185,360,861     $205,007,266     $228,030,506  
Asset to Liability Ratio   1.0     1.1     1.1  
Capital   $2,500,000     $2,500,000     $2,500,000  
Net Surplus   $14,421,635     $24,969,262     $26,362,907  
Total Life Ins   $3,644,205,000     $3,538,831,000     $3,524,677,000  


Premiums:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Life and Annuities   $3,775,539     $3,645,937     $3,668,409  
Accident and Health   $12,819     $108,563     $43,010  
Property and Casualty   N/A     N/A     N/A  
Total Texas Premium   $3,788,358     $3,754,500     $3,711,419  
National Premium   $83,722,748     $86,245,202     $88,573,699  


Complaint Information:

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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, 2012 Dec 31, 2013 Apr 18, 2014
Confirmed Complaints:      
Life and Annuity 0 0 0
Accident and Health 0 0 0
Homeowner 0 0 0
Automobile 0 0 0
Workers' Compensation 0 0 0
Complaint Ratio/Index Ratio Index Ratio Index  
Life and Annuities .0000 .0000 .0000 .0000 N/A
Accident and Health .0000 .0000 .0000 .0000 N/A
Homeowner N/A N/A N/A N/A N/A
Automobile N/A N/A N/A N/A N/A
Workers' Compensation 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.


Company History:

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Date Event
08-25-2010 PENALTY OF $100 FOR FAILURE TO TIMELY FILE THE SWORN ANNUAL REPORT FOR THE YEARS 2008 AND 2009 IN GUAM.
03-08-2002 MOVED HOME OFFICE FROM ENGLEWOOD, COLORADO TO GREENWOOD VILLAGE, COLORADO.
12-06-1999 EFFECTIVE 05/01/1999 CERTAIN LIFE INSURANCE POLICIES REINSURED BY MADISON NATIONAL LIFE INSURANCE COMPANY, INC. (50320) MIDDLETON, WISCONSIN
03-31-1992 ADDED ACCIDENT AND HEALTH INSURANCE.
03-11-1992 EFFECTIVE 11/30/1991 PARTIALLY REINSURED LINCOLN NATIONAL LIFE INSURANCE COMPANY (48500) FORT WAYNE, INDIANA
03-21-1991 EFFECTIVE 01/01/1991 PARTIALLY REINSURED MONUMENTAL LIFE INSURANCE COMPANY (56200) BALTIMORE, MARYLAND
09-02-1988 MOVED HOME OFFICE FROM DENVER, COLORADO TO ENGLEWOOD, COLORADO.
05-30-1979 GRANDFATHERED FOR CAPITAL AND SURPLUS REQUIREMENTS


Company Officers:

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Title Name
President ANTHONY F TRANI
Secretary JULIA MARSHALL
Treasurer JOANNE E ASHTON