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Company Details
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY License Status :
Active
NAIC Number :
62049
Phone Number:
8037987000
Company Address:
PO BOX 1365 ATTN MARY FOLLIN
COLUMBIA, SC 29202
Description:
Life and Health
License Number:
A422389
Date Admitted:
1946-06-25
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Earned | Direct Premium Written | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2018 | Total Accident & Health | 0.01% | $14,333,017 | $14,439,796 | $6,710,582 | $6,716,820 | 46.52 % |
| 2018 | Total Individual Accident & Health | 0.04% | $11,791,055 | $11,839,527 | $5,688,510 | $5,761,344 | 48.66 % |
| 2018 | Individual Specified Disease | 0.40% | $3,759,906 | $3,755,297 | $2,358,707 | $2,434,709 | 64.83 % |
| 2018 | Individual Accident Only | 0.80% | $3,954,648 | $3,958,158 | $1,463,595 | $1,466,940 | 37.06 % |
| 2018 | Individual Disability Income | 0.74% | $3,201,742 | $3,222,831 | $1,445,981 | $1,426,185 | 44.25 % |
| 2018 | Individual Dental | 0.05% | $168,802 | $194,966 | $39,444 | $45,802 | 23.49 % |
| 2018 | Individual Limited Benefit | 0.28% | $705,957 | $708,275 | $380,783 | $387,708 | 54.74 % |
| 2018 | Total Group Accident & Health | 0.00% | $2,541,962 | $2,600,269 | $1,022,072 | $955,476 | 36.75 % |
| 2018 | Group Specified Disease | 0.29% | $506,503 | $525,833 | $139,964 | $122,543 | 23.30 % |
| 2018 | Group Accident Only | 0.12% | $691,169 | $715,139 | $154,940 | $166,077 | 23.22 % |
| 2018 | Group Disability Income | 0.05% | $503,959 | $516,911 | $270,525 | $249,738 | 48.31 % |
| 2018 | Group Limited Benefit | 0.09% | $840,331 | $842,386 | $456,643 | $417,118 | 49.52 % |
| 2018 | Total Life | 0.01% | $3,650,271 | $0 | $1,177,932 | $0 | N/A |
| 2018 | Total Individual Life | 0.01% | $3,285,826 | $0 | $1,072,932 | $0 | N/A |
| 2018 | Individual Whole Life | 0.03% | $712,348 | $0 | $193,448 | $0 | N/A |
| 2018 | Individual Term Life | 0.08% | $1,791,414 | $0 | $307,152 | $0 | N/A |
| 2018 | Individual Universal Life | 0.03% | $782,064 | $0 | $567,202 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $5,130 | $0 | N/A |
| 2018 | Total Group Life | 0.00% | $364,445 | $0 | $105,000 | $0 | N/A |
| 2018 | Group Term Life | 0.02% | $364,445 | $0 | $105,000 | $0 | N/A |
| 2017 | Total Accident & Health | 0.02% | $13,499,321 | $13,767,150 | $6,865,201 | $6,799,272 | 49.39 % |
| 2017 | Total Individual Accident & Health | 0.05% | $11,107,852 | $11,303,546 | $5,640,064 | $5,620,925 | 49.73 % |
| 2017 | Individual Specified Disease | 0.98% | $3,566,137 | $3,619,329 | $2,457,289 | $2,485,329 | 68.67 % |
| 2017 | Individual Accident Only | 1.60% | $3,676,630 | $3,740,214 | $1,256,453 | $1,222,195 | 32.68 % |
| 2017 | Individual Disability Income | 1.44% | $3,033,131 | $3,098,346 | $1,529,101 | $1,506,636 | 48.63 % |
| 2017 | Individual Dental | 0.07% | $114,391 | $121,029 | $21,815 | $23,470 | 19.39 % |
| 2017 | Individual Limited Benefit | 0.66% | $717,563 | $724,628 | $375,406 | $383,295 | 52.90 % |
| 2017 | Total Group Accident & Health | 0.01% | $2,391,469 | $2,463,604 | $1,225,137 | $1,178,347 | 47.83 % |
| 2017 | Group Specified Disease | 0.49% | $422,871 | $436,231 | $120,058 | $108,954 | 24.98 % |
| 2017 | Group Accident Only | 0.16% | $505,364 | $525,408 | $242,550 | $291,167 | 55.42 % |
| 2017 | Group Disability Income | 0.09% | $492,828 | $511,460 | $311,404 | $272,179 | 53.22 % |
| 2017 | Group Limited Benefit | 0.22% | $970,406 | $990,505 | $551,125 | $506,047 | 51.09 % |
| 2017 | Total Life | 0.02% | $3,380,027 | $0 | $2,104,403 | $0 | N/A |
| 2017 | Total Individual Life | 0.02% | $3,046,541 | $0 | $1,446,646 | $0 | N/A |
| 2017 | Individual Whole Life | 0.05% | $539,501 | $0 | $98,313 | $0 | N/A |
| 2017 | Individual Term Life | 0.17% | $1,670,514 | $0 | $578,931 | $0 | N/A |
| 2017 | Individual Universal Life | 0.06% | $836,526 | $0 | $769,402 | $0 | N/A |
| 2017 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2017 | Total Group Life | 0.00% | $333,486 | $0 | $657,757 | $0 | N/A |
| 2017 | Group Term Life | 0.03% | $333,486 | $0 | $657,757 | $0 | N/A |
| 2016 | Total Accident & Health | 0.02% | $13,127,354 | $13,217,669 | $5,582,374 | $5,484,573 | 41.49 % |
| 2016 | Total Individual Accident & Health | 0.05% | $11,334,131 | $11,388,796 | $4,802,688 | $4,778,192 | 41.96 % |
| 2016 | Individual Specified Disease | 1.16% | $3,542,647 | $3,549,403 | $1,937,075 | $1,927,799 | 54.31 % |
| 2016 | Individual Accident Only | 1.56% | $3,776,946 | $3,793,392 | $1,114,503 | $1,099,244 | 28.98 % |
| 2016 | Individual Disability Income | 1.57% | $3,190,415 | $3,215,222 | $1,362,795 | $1,350,334 | 42.00 % |
| 2016 | Individual Dental | 0.05% | $79,014 | $86,922 | $8,560 | $27,618 | 31.77 % |
| 2016 | Individual Limited Benefit | 0.73% | $745,109 | $743,857 | $379,755 | $373,197 | 50.17 % |
| 2016 | Total Group Accident & Health | 0.00% | $1,793,223 | $1,828,873 | $779,686 | $706,381 | 38.62 % |
| 2016 | Group Specified Disease | 0.35% | $320,427 | $326,085 | $109,350 | $150,434 | 46.13 % |
| 2016 | Group Accident Only | 0.14% | $401,556 | $413,332 | $115,255 | $115,132 | 27.85 % |
| 2016 | Group Disability Income | 0.04% | $228,082 | $238,703 | $189,806 | $159,949 | 67.01 % |
| 2016 | Group Limited Benefit | 0.20% | $843,158 | $850,753 | $365,275 | $280,866 | 33.01 % |
| 2016 | Total Life | 0.01% | $3,268,287 | $0 | $1,424,811 | $0 | N/A |
| 2016 | Total Individual Life | 0.02% | $2,944,457 | $0 | $1,299,811 | $0 | N/A |
| 2016 | Individual Whole Life | 0.04% | $446,246 | $0 | $177,894 | $0 | N/A |
| 2016 | Individual Term Life | 0.17% | $1,648,118 | $0 | $517,188 | $0 | N/A |
| 2016 | Individual Universal Life | 0.06% | $850,093 | $0 | $604,729 | $0 | N/A |
| 2016 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2016 | Total Group Life | 0.00% | $323,830 | $0 | $125,000 | $0 | N/A |
| 2016 | Group Term Life | 0.04% | $323,830 | $0 | $125,000 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2018 | Health | 0.15% | 5 | 81 |
| 2018 | Life and Annuities | 0.04% | 3 | 720 |
| 2017 | Health | 0.15% | 6 | 89 |
| 2017 | Life and Annuities | 0.04% | 4 | 986 |
| 2016 | Health | 0.16% | 6 | 80 |
| 2016 | Life and Annuities | 0.03% | 2 | 533 |
Company Changes
Effective Date: 09/19/2008
Comments:
Market Conduct
Date: 09/19/2008
Financial Exams
This company does not have any financial exams.