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333 Guadalupe St. P.O. Box 149104 Austin, TX 78714-9104

SOUTHWESTERN 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:  Cancelled
Company Status:  Coa Cancelled
License Number:  93523
License Type:  Life (LI)
NAIC Number:  91391
TDI Company Number:  93523
FEIN:  742088326
Home City/State:  TX
Origin:  Domestic
Date Incorporated/Organized:  02/12/1980
Date Licensed/Eligible/Registered in Texas:  04/15/1980
Date Cancelled/Ineligible/Inactive:  12/28/2006

Contact Information:

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Mailing Address:  175 King Street
 Armonk NY 10504
Office Number:  (914)828-8914
Toll Free Number:  (877)794-7773
Fax Number:  (914)828-7914


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   N/A     N/A     N/A  
Total Liabilities   N/A     N/A     N/A  
Asset to Liability Ratio   N/A     N/A     N/A  
Capital   N/A     N/A     N/A  
Net Surplus   N/A     N/A     N/A  
Total Life Ins   N/A     N/A     N/A  


Premiums:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
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  
National Premium   N/A     N/A     N/A  


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 11, 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 N/A N/A N/A N/A N/A
Accident and Health N/A N/A N/A N/A 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
12-28-2006 CERTIFICATE OF AUTHORITY CANCELLED.
12-27-2006 EFFECTIVE 12/28/2006 MERGED INTO VALLEY FORGE LIFE INSURANCE COMPANY (88200) FORT WAYNE, INDIANA.
05-25-2006 PENALTY OF $150,000 FOR TRANSACTING INSURANCE BUSINESS WITHOUT A CERTIFICATE OF AUTHORITY IN MINNESOTA.
12-15-2005 EFFECTIVE 12/01/2005 TOTALLY REINSURED PACIFIC LIFE AND ACCIDENT INSURANCE COMPANY (05938) DALLAS, TEXAS.
09-10-2003 ARTICLE 1.28, TEXAS INSURANCE CODE, TO CHANGE THE LOCATION OF THEIR BOOKS AND RECORDS OUT OF TEXAS WAS APPROVED
06-18-2001 COMPANY AND PACIFIC LIFE AND ACCIDENT INSURANCE COMPANY, DALLAS, TEXAS ACQUIRED BY SW HOLDINGS INC., A DELAWARE CORPORATION.
06-13-2001 ARTICLE 1.28, TEXAS INSURANCE CODE, WAS APPROVED TO MOVE THEIR BOOKS AND RECORDS OUT OF TEXAS
06-20-2000 EFFECTIVE 06/30/2000 SECURITY LIFE AND TRUST INSURANCE COMPANY DALLAS, TEXAS (43475) MERGED INTO COMPANY
04-14-2000 COMPANY, PACIFIC LIFE AND ACCIDENT INSURANCE COMPANY AND SECURITY LIFE AND TRUST INSURANCE COMPANY ACQUIRED BY BERNARD RAPOPORT, INVERNESS MANAGEMENT FUND I, LLC, INVERNESS/PHOENIX CAPITAL, LLC, INVERNESS/PHOENIX PARTNERS, L.P. AND EXECUTIVE CAPITAL PARTNERS I, L.P.
02-19-1996 PENALTY OF $9,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN OKLAHOMA.
12-12-1995 COMPANY, UNION BANKERS INSURANCE COMPANY, CONSTITUTION LIFE INSURANCE COMPANY AND MARQUETTE NATIONAL LIFE INSURANCE COMPANY ACQUIRED BY SOUTHWESTERN FINANCIAL CORPORAITON, A DELAWARE CORPORATION.
12-28-1990 EFFECTIVE 10/01/1990 PARTIALLY REINSURED BY NEW ERA LIFE INSURANCE COMPANY (16550) HOUSTON, TEXAS.
10-05-1990 EFFECTIVE 04/01/1990 PARTIALLY REINSURED THE INTEREST SENSITIVE WHOLE LIFE POLLICIES OF UNION BANKERS INSURANCE COMPANY (84950) DALLAS, TEXAS
12-31-1989 EFFECTIVE 12/31/1989 REINSURED UNIVERSAL LIFE POLICIES OF MUTUAL SECURITY LIFE INSURANCE COMPANY (57420) FORT WAYNE, INDIANA.
12-16-1986 WITHDREW ARTICLE 1.28 APPLICATION AND MOVED BOOKS AND RECORDS BACK TO TEXAS.
04-24-1986 ARTICLE 1.28, TEXAS INSURANCE CODE, WAS APPROVED TO MOVE THEIR BOOKS AND RECORDS OUT OF TEXAS
03-31-1981 FORMERLY: TENNECO TEXAS LIFE INSURANCE COMPANY HOUSTON, TEXAS. (04743) SOUTHWESTERN LIFE INSURANCE COMPANY (77700) DALLAS, TEXAS MERGED INTO COMPANY
02-12-1980 GRANDFATHERED FOR CAPITAL AND SURPLUS REQUIREMENTS


Company Officers:

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