Skip navigation

Insurance Home » News » Regulatory Actions » 2004

Regulatory Actions for April 2004

Legal action - agents, agencies, brokers, companies

• American Western Life Insurance Co., Salt Lake City, UT, certificate of authority revoked.
• Amerisure Insurance Co., Farmington, MI, $1,000 forfeiture for filing inaccurate statistical data.
• Caterpillar, Inc., Peoria, IL, acquired Maxicare Life and Health Insurance Co.
• Central United Life Insurance Co., Houston, TX, $1,000 forfeiture for filing inaccurate statistical data.
• Civic Property and Casualty Insurance Co., Los Angeles, CA, $1,000 forfeiture for filing inaccurate statistical data.
• Clarendon National Insurance Co., New York, NY, $1,000 forfeiture for filing inaccurate statistical data.
• Commercial Compensation Casualty Co., San Franciso, CA, certificate of authority revoked.
• Depositors Insurance Co., Des Moines, IA, $1,000 forfeiture for filing inaccurate statistical data.
• Federal Life Insurance Co., (Mutual), Riverwoods, IL, $1,000 forfeiture for filing inaccurate statistical data.
• Jefferson Pilot Financial Insurance Co., Greensboro, NC, $1,000 forfeiture for filing inaccurate statistical data.
• Lincoln Heritage Life Insurance Co., Phoenix, AZ, $1,000 forfeiture for filing inaccurate statistical data.
• Northland Insurance Co., Mendota Heights, MN, $1,000 forfeiture for filing inaccurate statistical data.
• Reciprocal of America, Richmond, VA, certificate of authority revoked.
• Sable Insurance Co., San Francisco, CA, certificate of authority revoked.
• Shelby Casualty Insurance Co., Birmingham, AL, $1,000 forfeiture for filing inaccurate statistical data.

Financial Exams

• Business Mens Assurance, Kansas City, MO.

Company Changes

• Associated Physicians Insurance Co., Chicago, IL, certificate of authority was revoked.
• BJC Dental Benefits, St. Louis, MO, changed its name to Essex Dental Benefits, Inc.
• BNM Indemnity, Morristown, NJ, changed its name to Crum & Forster Indemnity Co.
• Clarica Life Insurance Co., Chicago, IL, merged with Midland National Life Insurance Co.
• Commercial Compensation Casualty Co., San Francisco, CA, certificate of authority was revoked.
• Conseco Annuity Assurance Co., Carmel, IN, changed its name to Conseco Insurance Co.
• Eagle Pacific Insurance Co., Long Grove, IL, merged into American Protection Insurance Co.
• Encompass Indemnity Co., Northbrook, IL, redomesticated from Florida to Alabama.
• First American Title Insurance of Texas, Houstan, TX, was as admitted as a title company.
• GE Casualty Insurance Co., Fort Washington, PA, changed its name to AIG Premier Insurance Co.
• GE Property & Casualty Insurance Co., Fort Washington, PA, changed its name to AIG Centennial Insurance Co.
• Gerling Credit Insurance Co., Baltimore, MD, changed its name to Atradius Trade Credit Insurance Inc.
• Health Care Indemnity Inc., Nashville, TN, was admitted with liability authority.
• Instant Auto Insurance Co., a Missouri Company merged with Insura Property and Casualty Insurance Co. which is not licensed in Missouri.
• Lawrenceville Property and Casualty, merged with MIIX Insurance Co.
• Liberty Bankers Life Insurance Co., Dallas, TX, redomesticated from Iowa to Oklahoma.
• Management Services USA Inc., Danville, IL, withdrew as a third party administrator (TPA).
• MJR Fire Insurance Co., Morristown, NJ, changed its name to United States Fire Insurance Co.
• National Land Title Insurance Co., Barrington, IL, was admitted as a title company.
• NY LIFE Insurance Co. of Arizona, New York, NY, added variable contracts.
• Owners Insurance Co., Lansing, MI, added accident and health authority.
• Pathmark Administrators, Inc., Lincoln, NE, was admitted as a TPA.
• Reciprocal of America, Glen Allen, VA, certificate of authority was revoked.
• Renaissance Benefit Administrators, Okemos, MI, was admitted as a TPA.
• Sable Insurance Co., San Francisco, CA, certificate of authority was suspended.
• Seaton Insurance Co., Cambridge, MA, redomesticated from Washington to Rhode Island.
• Stonewall Insurance Co., Cambridge, MA, redomesticated from Ohio to Rhode Island.
• Sun Life Assurance Co. of Canada (US), Wellesley Hills, MA, added accident and health authority.
• TIG Insurance Co. of America, Manchester, NH, merged with TIG Insurance Co.
• The Guarantee Co. of North America USA, Grosse Pointe Farms, MI, merged with Mid-State Surety Corp. then Mid-State Surety Corp. changed its name back to The Guarantee Co. of North America USA.

Market Conduct

• TICO Insurance Company and Leader Insurance Company, Irving, TX – Voluntary Forfeiture of $23,712.00
• Metropolitan Property and Casualty, Warwick, RI – Voluntary Forfeiture of $28,901.00