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Company Details

  COMMONWEALTH ANNUITY AND LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

84824


Phone Number:

5153933690


Company Address:

20 GUEST STREET 
BRIGHTON, MA  02135

Description:

Life and Health


License Number:

A418217


Date Admitted:

1974-12-31


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
2023 Total Accident & Health 0.00% $57 $57 $-1,383 $-1,383 -2,426.32 %
2023 Total Individual Accident & Health 0.00% $57 $57 $-1,383 $-1,383 -2,426.32 %
2023 Individual Disability Income 0.00% $57 $57 $-1,383 $-1,383 -2,426.32 %
2023 Total Life 0.01% $1,251,450 $0 $15,076,330 $0 N/A
2023 Total Individual Life 0.01% $1,251,450 $0 $15,076,330 $0 N/A
2023 Individual Whole Life 0.00% $20,817 $0 $75,537 $0 N/A
2023 Individual Term Life 0.00% $22,616 $0 $0 $0 N/A
2023 Individual Universal Life 0.02% $91,919 $0 $118,168 $0 N/A
2023 Individual Ordinary Annuities 0.00% $0 $0 $27,370 $0 N/A
2023 Individual Variable Annuities 0.04% $628,008 $0 $12,007,282 $0 N/A
2023 Individual Equity Indexed Annuities 0.00% $0 $0 $0 $0 N/A
2023 Individual Deposit-Type Funds 0.02% $209,539 $0 $0 $0 N/A
2023 Individual Other Consideration 0.31% $278,551 $0 $2,847,973 $0 N/A
2023 Total Group Life 0.00% $0 $0 $0 $0 N/A
2023 Group Variable Annuities 0.00% $0 $0 $0 $0 N/A
2023 Group Equity Indexed Annuities 0.00% $0 $0 $0 $0 N/A
2022 Total Accident & Health 0.00% $589 $589 $14,500 $14,500 N/A
2022 Total Individual Accident & Health 0.00% $589 $589 $14,500 $14,500 N/A
2022 Individual Disability Income 0.00% $589 $589 $14,500 $14,500 N/A
2022 Total Life 0.00% $516,033 $0 $9,768,906 $0 N/A
2022 Total Individual Life 0.01% $516,033 $0 $9,768,906 $0 N/A
2022 Individual Whole Life 0.00% $21,494 $0 $25,892 $0 N/A
2022 Individual Term Life 0.00% $21,192 $0 $0 $0 N/A
2022 Individual Universal Life 0.01% $103,516 $0 $147,671 $0 N/A
2022 Individual Variable Life 0.13% $278,302 $0 $2,027,851 $0 N/A
2022 Individual Variable Annuities 0.00% $91,529 $0 $7,567,492 $0 N/A
2021 Total Accident & Health 0.00% $1,280 $1,280 $26,736 $26,736 N/A
2021 Total Individual Accident & Health 0.00% $1,280 $1,280 $26,736 $26,736 N/A
2021 Individual Disability Income 0.00% $1,280 $1,280 $26,736 $26,736 N/A
2021 Total Life 0.01% $1,016,097 $0 $12,564,015 $0 N/A
2021 Total Individual Life 0.01% $1,016,097 $0 $12,564,015 $0 N/A
2021 Individual Whole Life 0.00% $22,456 $0 $1,002,681 $0 N/A
2021 Individual Term Life 0.00% $23,019 $0 $0 $0 N/A
2021 Individual Universal Life 0.01% $117,222 $0 $494,648 $0 N/A
2021 Individual Variable Life 0.13% $296,835 $0 $997,254 $0 N/A
2021 Individual Variable Annuities 0.02% $556,565 $0 $10,069,432 $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
2023 Health 0.00% 0 0
2023 Life and Annuities 0.01% 0 0
2022 Health 0.00% 0 0
2022 Life and Annuities 0.01% 1 1422
2021 Health 0.00% 0 0
2021 Life and Annuities 0.01% 2 1850


Company Changes

Effective Date: 12/01/2006

Comments: Allmerica Financial Life Insurance and Annuity Company changed its name to Commonwealth Annuity and Life Insurance Company.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.