Below is a partial list of companies that have been taken over by state insurance departments (“placed in receivership”) since NOLHGA’s creation in 1983. The list includes impairments (those companies that have been taken over but have not gone out of business—also known as companies in rehabilitation), which appear with an asterisk next to the name, and insolvencies (those companies that have been closed or “liquidated” by the insurance department). For more information, click on the underlined company name.
This section only lists cases in which NOLHGA has participated—NOLHGA usually becomes involved when policyholders in more than three states are affected by an impairment or insolvency. If you are interested in a company that does not appear on the list, please contact your state life & health insurance guaranty association or insurance department.