Company Insolvencies

George Washington Life Insurance Company | WV

Company Overview

George Washington Life Insurance Company was an insurer domiciled in West Virginia and licensed in 17 states and Puerto Rico. Its business consisted of life, annuities, and accident and health (as well as disability) policies, concentrating mainly in group accident and health. The company was ordered into liquidation in June 1991, and the state life and health insurance guaranty associations helped arrange for two assuming insurers to assume the business in 1993 and 1996 (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

Mid-West National Life Insurance Company of Tennessee
PO Box 982010
North Richland Hills, TX. 76182
800-733-8880
http://www.midwestlife.com/
Additional Information: 1-866-215-5343

Dec 17, 1993
Annuity

Mid-West National Life Insurance Company of Tennessee
PO Box 982010
North Richland Hills, TX.
800-733-1110
http://www.midwestlife.com/
Additional Information: 1-866-215-5343

Dec 17, 1993
A & H

United Teacher Associates Insurance Company
PO Box 26580
Austin, TX. 78755-0580
512-451-2224
http://www.utaic.com/
Additional Information: Subsidiary of Great American Financial Resources

Jan 01, 1996
Life and A&H

LifeSecure Insurance Company
10370 Citation Drive, Suite 100
Brighton, MI. 48116
866-582-7701
https://www.yourlifesecure.com/
Additional Information: Policies were originally aquired by Hill Country Life Insurance Company (Columbia Universal Life Insurance) who was acquired by LifeSecure in Dec 2006.

Dec 31, 2003

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.

Find Your State Association

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: 63770

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: West Virginia

The domiciliary state is the state in which an insurance company is incorporated or organized.

Rehabilitation Date: September 05, 1990

Liquidation Date: June 03, 1991

Estate Closed: January 21, 2005

Frequently Asked Questions

What Happens When an Insurance Company Fails?

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General Information about Guaranty Association Coverage

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