|Type of Entity:||Authorized Company (AUTH)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|License Type:||Life (LI)|
|TDI Company Number:||93609|
|Date Licensed/Eligible/Registered in Texas:||12/08/1980|
10700 Northwest Freeway
Houston TX 77092
|Toll Free Number:||(800)669-9030|
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||1.2||1.3||1.3|
|Total Life Ins||$1,199,147,000||$1,140,217,000||$1,124,810,000|
|As of:||Dec. 31, 2012||Dec. 31, 2013||Dec. 31, 2014|
|Life and Annuities||$403,068||$391,852||$411,837|
|Accident and Health||$9,179,555||$8,764,677||$8,058,175|
|Property and Casualty||N/A||N/A||N/A|
|Total Texas Premium||$9,582,623||$9,156,529||$8,470,012|
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||May 22, 2015|
|Life and Annuity||0||0||1|
|Accident and Health||1||4||1|
|Life and Annuities||.0000||.0000||.0000||.0000||N/A|
|Accident and Health||.0077||3.0907||.0311||6.3275||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.
|04-20-2015||Effective 01/01/2015 certain policies in Florida consisting of life insurance, annuities and health and accident policies were assumed through reinsurance by Family Life Insurance Company (27190) Houston, Texas.|
|01-23-2015||EFFECTIVE 11/01/2014 certain policies in Florida consisting of life insurance, annuities and health and accident policies were assumed through reinsurance by Family Life Insurance Company (27190) Houston, Texas.|
|02-27-2012||EFFECTIVE 12/31/2010 ACCIDENT, DREAD DISEASE, DISABILITY INCOME, HOSPITAL INDEMNITY AND HOSPITAL SURGICAL POLICIES PARTIALLY REINSURED BY EMC NATIONAL LIFE COMPANY (25780) URBANDALE, IOWA.|
|04-14-2011||APPROVED TO WITHDRAW FROM WRITING ASSOCIATION GROUP HEALTH INSURANCE IN TEXAS. COMPANY MAY NOT RE-ENTER MARKET FOR THIS LINE WITHOUT PRIOR APPROVAL UNTIL 04/14/2016.|
|11-15-2010||EFFECTIVE 10/01/2009 REINSURED A SERIES OF DREAD DISEASE POLICIES OF EMC NATIONAL LIFE COMPANY (25780) URBANDALE, IOWA.|
|05-06-2010||EFFECTIVE 01/01/2007 REINSURED ONE MEDICAL SUPPLEMENT POLICY OF MIDWESTERN UNITED LIFE INSURANCE COMPANY (55010) FORT WAYNE, INDIANA.|
|04-12-2010||EFFECTIVE 02/27/2009 PARTIALLY REINSURED LIFE, HEALTH, LONG TERM DISABILITY AND ANNUITY BUSINESS OF ANDREW JACKSON LIFE INSURANCE COMPANY (05870), EMPLOYERS CASUALTY COMPANY (25650), EXECUTIVE LIFE INSURANCE COMPANY (26850), GREAT SOUTHWEST LIFE INSURANCE COMPANY (35850), LEGAL SECURITY LIFE INSURANCE COMPANY (47450), LEGION INSURANCE COMPANY (58655) AND LONE STAR LIFE INSURANCE COMPANY (93464)|
|04-30-2009||EFFECTIVE 12/01/2005 REINSURED ACCIDENT, HOSPITAL, SURGICAL AND MAJOR MEDICAL POLICIES OF GENERAL AMERICAN LIFE INSURANCE COMPANY (32300) SAINT LOUIS, MISSOURI. EFFECTIVE 02/01/2007 REINSURED CHAMPUS SUPPLEMENT, DREAD DISEASE, DENTAL, VISION, HEARING, HOSPITAL SURGICAL, HOSPITAL INDEMNITY, LONG TERM CARE AND MEDICARE SUPPLEMENT POLICIES OF LIFE INSURANCE COMPANY OF GEORGIA (06035) ATLANTA, GEORGIA.|
|09-04-2008||PENALTY OF $25,000 FOR RATE VIOLATIONS IN TEXAS.|
|01-08-2008||EFFECTIVE 09/01/2005 REINSURED HEALTH BUSINESS THAT INCLUDED DREAD DISEASE AND DISABILITY INCOME POLICIES OF LIFE INSURANCE COMPANY OF GEORGIA (06035) ATLANTA, GEORGIA.|
|11-27-2007||EFFECTIVE 01/01/2007 REINSURED MEDICAL SUPPLEMENT POLICIES OF SECURITY LIFE OF DENVER INSURANCE COMPANY (73460) DENVER, COLORADO.|
|11-09-2007||EFFECTIVE 09/01/2005 REINSURED CERTAIN ACCIDENT AND HEALTH POLICIES OF SECURITY LIFE OF DENVER INSURANCE COMPANY (73460) DENVER, COLORADO.|
Redomesticated to Arkansas
REDOMESTICATED FROM HOUSTON, TEXAS TO LITTLE ROCK, AKANSAS BY WAY OF CHARTER AMENDMENT.
|03-22-2005||EFFECTIVE 01/01/2002 REINSURED CERTAIN HEALTH INSURANCE OF COMPANION LIFE INSURANCE COMPANY (05209) COLUMBIA, SOUTH CAROLINA.|
|02-18-2005||EFFECTIVE 03/01/2004 REINSURED CERTAIN HEALTH INSURANCE OF NATIONWIDE LIFE INSURANCE COMPANY (59600) COLUMBUS, OHIO.|
|11-08-2004||RELEASE FROM ARTICLE 1.32 ORDER BY CONSENT IN TEXAS.|
ARTICLE 1.32 ORDER BY CONSENT ISSUED IN TEXAS.
RELEASED FROM SUPERVISION IN TEXAS. CLOSED RECORDS BECAME OPEN RECORDS. 05/18/2004 PLACED IN SUPERVISION IN TEXAS (CLOSED RECORDS)
|08-27-2003||EFFECTIVE 12/01/2002 REINSURED CERTAIN GROUP DISABILITY INSURANCE POLICIES OF AMERICAN STATES INSURANCE COMPANY (05030) INDIANAPOLIS, INDIANA.|
|06-25-2003||EFFECTIVE 02/01/2003 REINSURED A BLOCK OF SPECIFIED DISEASE INSURANCE POLICIES OF COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY (17730) COLUMBIA, SOUTH CAROLINA.|
|01-14-1999||EFFECTIVE 10/01/1998 PARTIALLY REINSURED CHRISTIAN MUTUAL LIFE INSURANCE COMPANY, A NEW HAMPSHIRE CORPORATION NOT LICENSED IN TEXAS.|
|10-30-1998||EFFECTIVE 11/01/1998 REINSURED COMMONWEALTH NATIONAL LIFE INSURANCE COMPANY (93487) CLEVELAND, MISSISSIPPI.|
|03-17-1997||EFFECTIVE 01/01/1996 REINSURED CERTAIN HEALTH POLICIES OF SECURITY LIFE INSURANCE COMPANY OF AMERICA (93664) MINNETONKA, MINNESOTA.|
|09-16-1996||AUTHORIZED TO OPERATE AS A THIRD PARTY ADMINISTRATOR.|
|10-17-1995||PURCHASED 100% OF COMMON CAPITAL STOCK OF SAVERS LIFE INSURANCE COMPANY OF AMERICA (93914) KANSAS CITY, MISSOURI.|
|12-19-1994||EFFECTIVE 07/01/1994 PARTIALLY REINSURED CERTAIN CANCER, HOSPITAL INDEMNITY, DISABILITY AND ACCIDENT POLICIES OF DIXIE NATIONAL LIFE INSURANCE COMPANY (23700) JACKSON, MISSISSIPPI.|
|10-19-1994||PARTIALLY REINSURED AMERICAN UNION LIFE INSURANCE COMPANY, BLOOMINGTON, ILLINOIS NOT LICENSED IN TEXAS.|
|02-24-1994||EFFECTIVE 12/30/1993 PARTIALLY REINSURED MONARCH LIFE INSURANCE COMPANY (56050) SPRINGFIELD, MASSACHUSETTS.|
|01-12-1994||EFFECTIVE 12/31/1993 TOTALLY REINSURED LIFE OF AMERICA INSURANCE COMPANY (48170) HOUSTON, TEXAS.|
REDOMESTICATED FROM SIOUX CITY, IOWA TO HOUSTON, TEXAS BY WAY OF CHARTER AMENDMENT.
ADDED ACCIDENT AND HEALTH INSURANCE.
|12-08-1980||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.