Impairments & Insolvencies

As the graphic below shows, insurance company failures (also known as insolvencies or liquidations) are rare.

For more information, below is a partial list of companies that have been taken over by state insurance departments ("placed in receivership") since NOLHGA’s creation in 1983. The list includes companies that have been closed or "liquidated" by the insurance department as well as what are known as "impaired" companies (companies that were taken over but not placed in liquidation—also known as companies in rehabilitation)—these impaired companies appear with an asterisk next to the name.

Policyholders or their relatives who discover old insurance policies can often find information about the issuing companies in this list. For more information about a particular company, click on the underlined company name.

This section only lists cases in which NOLHGA has participated—NOLHGA usually becomes involved when policyholders in more than three states are affected by an impairment or insolvency. If you are interested in a company that does not appear on the list, please contact your state life & health insurance guaranty association or insurance department.

To search a more comprehensive list of insolvencies, including smaller insolvencies for which at least one state life & health insurance guaranty association was triggered, use the search box below:

If you are interested in a company that does not appear on either list, please contact your state life & health insurance guaranty association or insurance department.

If you are not sure if a deceased family member or close relationship had any insurance policies, the National Association of Insurance Commissioners (NAIC) website offers a Life Insurance Policy Locator Service for help in locating life insurance policies and annuity contracts.

Click here to order the list by year.

Year Company State
2000 American Chambers Life Insurance Company OH
1994 American Educators Life Insurance Company AL
1993 American Integrity Insurance Company PA
1997 American Life Assurance Corporation AL
2016 American Medical and Life Insurance Company NY
2017 American Network Insurance Company PA
1998 American Standard Life & Accident Insurance Company OK
1997 American Western Life Insurance Company UT
1992 AMS Life Insurance Company AZ
1993 Andrew Jackson Life Insurance Company MS
2000 Bankers Commercial Life Insurance Company TX
2024 Bankers Life Insurance Company NC
2007 Benicorp Insurance Company IN
2010 Booker T Washington Insurance Company, Inc. AL
1998 Centennial Life Insurance Company KS
1996 Coastal States Life Insurance Company GA
2024 Colorado Bankers Life Insurance Company NC
1994 Confederation Life Insurance Company (CLIC) MI
1994 Consolidated National Life Insurance Company IN
1994 Consumers United Insurance Company DE
2015 CoOportunity Health IA
1992 Diamond Benefits Life Insurance Company/Life Assurance Company of Pennsylvania AZ
1994 EBL Life Insurance Company PA
1991 Executive Life Insurance Company CA
2013 Executive Life Insurance Company of New York NY
1999 Family Guaranty Life Insurance Company MS
2000 Farmers and Ranchers Life Insurance Company OK
1992 Fidelity Bankers Life Insurance Company VA
1992 Fidelity Mutual Life Insurance Company * PA
1991 First Capital Life Insurance Company * CA
1997 First National Life Insurance Company AL
1999 First National Life Insurance Company of America MS
1999 Franklin American Life Insurance Company TN
1999 Franklin Protective Life Insurance Company MS
1991 George Washington Life Insurance Company WV
2011 Golden State Mutual Life Insurance Company CA
1992 Guarantee Security Life Insurance Company FL
2010 Imerica Life and Health Insurance Company AR
1991 Inter-American Insurance Company of Illinois IL
1999 International Financial Services Life Insurance Company MO
1993 Investment Life Insurance Company of America NC
1994 Kentucky Central Life Insurance Company KY
2003 Legion Insurance Company PA
2004 Life & Health Insurance Company of America PA
2008 Lincoln Memorial Life Insurance Company TX
2004 London Pacific Life & Annuity Company NC
2013 Lumbermens Mutual Casualty Company IL
2009 Medical Savings Insurance Company IN
1991 Midwest Life Insurance Company LA
1994 Monarch Life Insurance Company * MA
1993 Mutual Benefit Life Insurance Company NJ
1991 Mutual Security Life Insurance Company IN
2000 National Affiliated Investors Life Insurance Company LA
1995 National Heritage Life Insurance Company DE
2010 National States Insurance Company MO
1993 New Jersey Life Insurance Company NJ
2022 North Carolina Mutual Life Insurance Company NC
2019 Northwestern National Insurance Company of Milwaukee Wisconsin WI
1994 Old Colony Life Insurance Company GA
1992 Old Faithful Life Insurance Company WY
2009 Old Standard Life Insurance Company ID
2004 Old West Annuity & Life Insurance Company * AZ
1994 Pacific Standard Life Insurance Company CA
2019 Pavonia Life Insurance Company of Michigan * MI
2017 Penn Treaty Network America Insurance Company PA
2024 PHL Variable Insurance Company * CT
2001 Reliance Insurance Company PA
2015 SeeChange Health Insurance Company CA
2019 Senior American Insurance Company PA
2020 Senior Health Insurance Company of Pennsylvania * PA
2023 Southland National Insurance Corporation NC
2012 Standard Life Insurance Company of Indiana IN
2005 States General Life Insurance Company TX
1999 Statesman National Life Insurance Company TX
1994 Summit National Life Insurance Company PA
1995 Supreme Life Insurance Company of America IL
2022 Time Insurance Company WI
1993 Unison International Life Insurance Company OK
2013 Universal Health Care Insurance Company, Inc. FL
2010 Universal Life Insurance Company AL
1998 Universe Life Insurance Company ID
2003 Villanova Insurance Company PA
2004 Western United Life Assurance Co. * WA
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National Organization of Life & Health Insurance Guaranty Associations
13873 Park Center Road, Suite 505, Herndon, VA 20171
Phone Number: 703.481.5206