December 04, 2009

December 4, 2009 Imerica Life and Health Insurance Company (Arkansas)

Order of Rehabilitation Entered, NOLHGA Task Force Formed

On November 18, 2009, the Circuit Court of Pulaski County, Arkansas, entered an Order for Rehabilitation in connection with Imerica Life and Health Insurance Company. A copy of that order is posted on the company's Web site.

Imerica is an Arkansas-domiciled company licensed in 33 states. Its primary business consists of individual and association high-deductible health insurance policies, and the majority of the business appears to be focused in Texas, Colorado, Georgia, and South Carolina.

MPC Chair Mike Marchman has appointed a task force for this receivership. The task force is chaired by Andrea Bowers (South Carolina) and includes Dick Horne (Arkansas), Bart Boles (Texas), Dotty Carley (Alabama), and Jamie Kelldorf (Colorado).

According to Imerica's 2008 Schedule T, the company was licensed in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, South Carolina, Texas, Utah, West Virginia, and Wyoming.

Task Force Chair - Andrea Bowers;   Staff Contact - Joni Forsythe

Lewis Named Executive Director of Utah GA

The Board of Directors of the Utah Life and Health Insurance Guaranty Association has named Ted D. Lewis the association's Executive Director. The board also named former Executive Director Arthur Dummer the authorized representative of the association with respect to assignments on the NOLHGA ELIC Task Force, Coverage/Claims Committee, and such other assignments requested or approved by the association.

  Staff Contact - Sean McKenna

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