Statesman National Life Insurance Company | TX
Company Overview
Statesman National Life Insurance Company was a small Texas insurer licensed in 31 states. Most of Statesman National’s business was Medicare supplement. In addition, the company sold major medical and other accident and health policies. The business was concentrated in a few states, with most policies in Arkansas, Louisiana, Oklahoma, and Texas. The company was ordered into liquidation in May 1999. That same year, the state life and health guaranty associations helped arrange for a number of companies to assume the in-force business (see below).
Policy & Claims Administration
Policies of an insolvent company are often transferred to a financially sound insurance company. If policies are not transferred to another company, the policies are continued and claims administered by either the guaranty associations or a third-party administrator (TPA) working on behalf of the associations. Please contact the company/TPA listed below or the guaranty association in your state of residence for more information about your policy.
| Type of Policy | Company |
Effective Date |
|---|---|---|
| Life |
American Capitol Insurance Company
|
Jun 18, 1999 |
| A & H |
American Capitol Insurance Company
|
Jun 18, 1999 |
| A & H |
Texas Imperial Life Insurance Company |
Jun 18, 1999 |
| Individual Life |
Southern Financial Life Insurance Company |
Apr 19, 1999 |
Contact Information
Guaranty association coverage is coordinated on a state-by-state basis, with coverage usually being provided by the association in your state of residence, regardless of where you purchased your policy. Policyholders should contact their state guaranty association with any questions they have about their policies. The button below will take you to a page where you can search for your state association's Web site, which provides answers to frequently asked questions and contact information.
The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company. If you are unsure whom to contact with your questions, please e-mail us here, and we will forward your message to the appropriate party.
Company Details
NAIC Number: 69183
An NAIC number is a five-digit number assigned to every insurance company by the NAIC (National Association of Insurance Commissioners). Because each company has its own unique number, the NAIC number can be used to identify a particular company.
Domiciliary State: Texas
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: February 08, 1999
Liquidation Date: May 15, 1999
Estate Closed: December 22, 2003