Company Details

  SILAC INSURANCE COMPANY License Status :
Active

NAIC Number :

62952


Phone Number:

3172082200


Company Address:

10201 N. Illinois St., Ste. 280 
Carmel, IN  46290

Description:

Life and Health


License Number:

A423269


Date Admitted:

2024-07-01


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Accident & Health 0.01% $6,068,397 $6,223,327 $7,828,399 $7,934,891 N/A
2022 Total Individual Accident & Health 0.03% $6,068,397 $6,223,327 $7,828,399 $7,934,891 N/A
2022 Individual Medicare Supplement 0.04% $1,089,895 $1,126,148 $804,893 $772,416 68.59 %
2022 Individual Long Term Care 0.86% $4,405,265 $4,515,589 $6,692,833 $6,828,640 N/A
2022 Individual Specified Disease 0.01% $48,562 $49,514 $10,814 $11,115 22.45 %
2022 Individual Limited Benefit 0.09% $524,675 $532,076 $319,859 $322,720 60.65 %
2022 Total Life 0.09% $36,822,136 $0 $6,786,051 $0 N/A
2022 Total Individual Life 0.14% $36,822,136 $0 $6,786,051 $0 N/A
2022 Individual Whole Life 0.03% $468,894 $0 $3,268,252 $0 N/A
2022 Individual Ordinary Annuities 0.88% $34,651,312 $0 $3,517,799 $0 N/A
2022 Individual Deposit-Type Funds 0.16% $1,701,930 $0 $0 $0 N/A
2021 Total Accident & Health 0.01% $6,895,221 $7,119,455 $8,215,223 $8,085,077 N/A
2021 Total Individual Accident & Health 0.03% $6,895,221 $7,119,455 $8,215,223 $8,085,077 N/A
2021 Individual Medicare Supplement 0.04% $1,370,769 $1,396,519 $860,452 $814,107 58.30 %
2021 Individual Long Term Care 0.88% $4,871,946 $5,057,019 $7,148,706 $7,067,937 N/A
2021 Individual Specified Disease 0.01% $55,609 $56,116 $6,335 $3,893 6.94 %
2021 Individual Limited Benefit 0.19% $596,897 $609,801 $199,730 $199,140 32.66 %
2021 Total Life 0.16% $56,565,904 $0 $4,598,778 $0 N/A
2021 Total Individual Life 0.25% $56,565,904 $0 $4,598,778 $0 N/A
2021 Individual Whole Life 0.03% $527,239 $0 $1,599,816 $0 N/A
2021 Individual Ordinary Annuities 1.63% $49,930,446 $0 $2,998,962 $0 N/A
2021 Individual Deposit-Type Funds 3.92% $6,108,219 $0 $0 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2022 Health 0.08% 10 552
2022 Life and Annuities 0.39% 1 35
2022 Long-Term Care Insurance 2.00% 8 261
2022 Medicare Supplement Insurance 0.19% 0 0
2021 Medicare Supplement Insurance 0.23% 0 0
2021 Health 0.09% 9 386
2021 Life and Annuities 0.37% 2 70
2021 Long-Term Care Insurance 2.26% 7 183


Company Changes

Effective Date: 07/09/2020

Comments: Effective 7/9/2020 Equitable Life & Casualty Insurance Company changed its name to the above.

Effective Date: 09/22/2023

Comments: Effective 09/22/2023 the above Life and Health company redomesticated from Utah to Indiana and was issued a new Missouri Certificate of Authority on 02/22/2024. Company also updated its Mailing and Statutory Home Office Addresses.


Market Conduct

Date: 02/21/2019

ELCIC219.pdf


Financial Exams

This company does not have any financial exams.