|Type of Entity:||Life, Health, or Accident (LI)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||9360|
|Date Licensed/Eligible/Registered in Texas:||01/01/1923|
400 Field Drive
Lake Forest IL 60045-2581
|Toll Free Number:||(800)877-9077|
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||1.2||1.2||1.2|
|Total Life Ins||$16,342,781,000||$17,496,812,000||$18,573,217,000|
|As of:||Dec. 31, 2013||Dec. 31, 2014||Dec. 31, 2015|
|Life and Annuities||$4,596,041||$5,434,083||$6,337,485|
|Accident and Health||$4,305,190||$4,648,162||$4,930,456|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$8,901,231||$10,082,245||$11,267,941|
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||Apr 29, 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.
|08-10-2009||PENALTY OF $575 FOR FAILURE TO PROVIDE A MARKET ANALYSIS CONTACT IN COLORADO.|
|05-13-2009||PENALTY OF $900 FOR FAILURE TO TIMELY FILE 2008 ANNUAL STATEMENT IN NEBRASKA.|
|01-21-2008||PENALTY OF $500 FOR FAILURE TO COMPLY WITH ANNUAL REPORTING REQUIREMENTS IN NEVADA.|
|11-26-2007||PENALTY OF $4,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN CONNECTICUT.|
|02-20-2007||PENALTY OF $10,000 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN FLORIDA.|
|04-30-2004||EFFECTIVE 05/01/2004 EXISTING GROUP LIFE/HEALTH BUSINESS REINSURED BY TRUSTMARK LIFE INSURANCE COMPANY (25580) LAKE FOREST, ILLINOIS|
|05-12-2003||PENALTY OF $60,000 FOR PAYING COMPENSATION IN THE FORM OF COMMISSIONS TO UNLICENSED INSURANCE AGENTS OR BROKERS IN MASSACHUSSETTS.|
|07-24-2002||PENALTY OF $5,000 FOR FAILURE TO MEET STANDARDS FOR PAYMENT OF CLEAN CLAIMS IN KENTUCKY.|
|06-13-2002||PENALTY OF $7,500 FOR VIOLATIONS FOUND DURING A TARGET MARKET CONDUCT EXAMINATION IN VIRGINIA.|
|05-29-2002||PENALTY OF $5,000 FOR FAILURE TO PROVIDE DOCUMENTATION TO SUPPORT A REDUCTION IN CLAIM PAYMENT IN MINNESOTA.|
|05-17-2002||PENALTY OF $5,000 FOR FAILURE TO FILE INFORMATIONAL RATE FILINGS FOR SMALL EMPLOYER GROUP BUSINESS IN NEW JERSEY.|
|02-26-2002||PENALTY OF $49,900 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.|
|01-25-2002||PENALTY OF $40,000 FOR CONTRACTING WITH AN UNAUTHORIZED ORGANIZATION TO RECRUIT AND TO TRAIN AGENTS IN TEXAS.|
|12-29-2000||EFFECTIVE 01/01/2001 REINSURED INDIVIDUAL DISABILITY POLICIES OF HARTFORD LIFE INSURANCE COMPANY (93435) HARTFORD, CONNECTICUT AND HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (38560) HARTFORD, CONNECTICUT|
|06-22-2000||FORMERLY: TRUSTMARK INSURANCE COMPANY (MUTUAL) CONVERTED FROM A MUTUAL LIFE TO A STOCK LIFE INSURANCE COMPANY.|
|03-12-1998||PENALTY OF $12,000 FOR FAILURE TO RENEW CERTIFICATE OF AUTHORITY IN MARYLAND.|
|06-23-1997||PARTIALLY REINSURED WASHINGTON NATIONAL INSURANCE COMPANY (89550) LINCOLNSHIRE, ILLINOIS|
|05-21-1996||EFFECTIVE 06/01/1996 REINSURED CERTAIN DISABILITY INCOME AND MEDICAL PAYMENT POLICIES OF AMERICAN CASUALTY COMPANY OF READING, PA (01950), CONTINENTAL ASSURANCE COMPANY (20500), CONTINENTAL CASUALTY COMPANY (20550) AND TRANSCONTINENTAL INSURANCE COMPANY (83500)|
|11-10-1995||PENALTY OF $15,816.50 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MISSOURI.|
|11-07-1995||PENALTY OF $7,100.93 FOR LATE TAX PAYMENTS IN LOUISIANA.|
|09-15-1995||EFFECTIVE 10/01/1995 PARTIALLY REINSURED A BLOCK OF INDIVIDUAL MEDICAL POLICIES OF AMERICAN UNITED LIFE INSURANCE COMPANY (05350) INDIANAPOLIS, INDIANA|
|04-25-1995||EFFECTIVE 04/01/1995 PARTIALLY REINSURED CERTAIN LIFE POLICIES OF ALEXANDER HAMILTON LIFE INSURANCE COMPANY OF AMERICAN (93433) FARMINGTON HILLS, MICHIGAN|
|03-09-1995||EFFECTIVE 05/01/1994 PARTIALLY REINSURED INDIVIDUAL MEDICAL EXPENSE POLICIES OF MUTUAL SERVICE LIFE INSURANCE COMPANY (93699) ARDEN HILLS, MINNESOTA|
|01-07-1994||FORMERLY: BENEFIT TRUST LIFE INSURANCE COMPANY (A MUTUAL LEGAL RESERVE COMPANY)|
|01-05-1994||EFFECTIVE 01/01/1994 BANKERS MUTUAL LIFE INSURANCE COMPANY AN ILLINOIS CORPORATION NOT LICENSED IN TEXAS MERGED INTO COMPANY|
|03-17-1993||EFFECTIVE 01/01/1993 PARTIALLY REINSURED AMERICAN STATES INSURANCE COMPANY (05030) INDIANAPOLIS, INDIANA|
|11-30-1992||EFFECTIVE 05/01/1992 PARTIALLY REINSURED MUTUAL SERVICE LIFE INSURANCE COMPANY (93699) ARDEN HILLS, MINNESOTA|
|07-16-1991||EFFECTIVE 04/01/1991 PARTIALLY REINSURED CENTRAL LIFE ASSURANCE COMPANY (14600) DES MOINES, IOWA|
|02-26-1990||AUTHORIZED TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
|10-19-1989||MOVED HOME OFFICE FROM CHICAGO, ILLINOIS TO LAKE FOREST, ILLINOIS.|
|07-01-1985||REINSURED EMPLOYEES MUTUAL BENEFIT ASSOCIATION OF ST. PAUL (03825)|
|01-01-1963||FORMERLY: BENEFIT ASSOCIATION OF RAILWAY EMPLOYEES (00397).|
|01-01-1923||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.