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STATES
GENERAL LIFE INSURANCE COMPANY (Texas)
Date
of Liquidation: March
9, 2005
Brief
Summary:
States
General Life Insurance Company (“States General”) wrote almost
exclusively health insurance and Medicare Supplement policies.
To date, three major medical policies and four dental policies
owned to Nebraska residents have been identified.
The Order of Liquidation was entered on March 9, 2005.
The commissioner of Insurance for the State of Texas has been
appointed Permanent Receiver.
A
Third Party Administration Agreement (TPA Agreement) has been entered into
with Administrative Insurance Management Services, Inc. (“AIMS”) to
administer the major medical policies.
AIMS will administer all policies and process all claims. AIMS
will provide funding information to the Nebraska Guaranty Association,
which will fund the Nebraska claims to AIMS directly pursuant to statutory
coverage limits. The dental
policies are not covered by this TPA Agreement and will be dealt with
separately.
Contact
Information: Pamela Olsen or Lori
Busch
Nebraska Life and Health Insurance Guaranty Association
233 South 13th Street
1900 US Bank Building
Lincoln, NE 68508
Telephone: (402)
474-6900
Fax:
(402) 474-5393
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