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Company Details
CLEAR SPRING LIFE AND ANNUITY COMPANY License Status :
Active
NAIC Number :
83607
Phone Number:
4632522849
Company Address:
10555 Group 1001 Way
Zionsville, IN 46077
Description:
Life and Health
License Number:
A420865
Date Admitted:
1985-10-24
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 Life | 0.07% | $9,060,026 | $0 | $16,136,991 | $0 | N/A |
| 2023 | Total Individual Life | 0.09% | $9,060,026 | $0 | $16,136,991 | $0 | N/A |
| 2023 | Individual Whole Life | 0.00% | $17,792 | $0 | $31,399 | $0 | N/A |
| 2023 | Individual Universal Life | 0.00% | $15,183 | $0 | $123,668 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.30% | $8,164,018 | $0 | $9,257,953 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 0.04% | $863,033 | $0 | $6,709,622 | $0 | N/A |
| 2023 | Individual Deposit-Type Funds | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Other Consideration | 0.00% | $0 | $0 | $14,349 | $0 | N/A |
| 2022 | Total Life | 0.09% | $13,286,620 | $0 | $15,473,280 | $0 | N/A |
| 2022 | Total Individual Life | 0.13% | $13,286,620 | $0 | $15,473,280 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $9,855 | $0 | $4,930 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $27,817 | $0 | $18,003 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.37% | $8,622,655 | $0 | $10,149,637 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 0.23% | $4,376,293 | $0 | $4,665,390 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.02% | $250,000 | $0 | $635,320 | $0 | N/A |
| 2021 | Total Life | 0.16% | $19,703,919 | $0 | $13,146,295 | $0 | N/A |
| 2021 | Total Individual Life | 0.25% | $19,703,919 | $0 | $13,146,295 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $8,299 | $0 | $17,367 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $26,617 | $0 | $65,709 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.51% | $7,991,926 | $0 | $7,553,360 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 0.85% | $11,644,006 | $0 | $4,879,033 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.04% | $33,071 | $0 | $630,826 | $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 |
|---|---|---|---|---|
| 2023 | Life and Annuities | 0.15% | 1 | 89 |
| 2022 | Life and Annuities | 0.15% | 2 | 179 |
| 2021 | Life and Annuities | 0.18% | 1 | 74 |
Company Changes
Effective Date: 01/11/2010
Comments: Wellmark Community Insurance Inc. changed its name to Guggenheim Life and Annuity Co.
Effective Date: 08/04/2010
Comments: Guggenheim Life and Annuity Co. redomesticated to Delaware.
Effective Date: 06/14/2022
Comments: Effective 06/14/2022 Guggenheim Life and Annuity Company changed their name to the above and updated their mailing and main administrative addresses.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.