Legion Insurance Company and Villanova Insurance Company (Legion/Villanova) were primarily engaged in property and casualty insurance, with health insurance representing a small proportion of their total business. Legion/Villanova belonged to a family of companies under Mutual Risk Management (MRM), a Bermuda-based holding company. In April 2002, the Pennsylvania Department of Insurance placed Legion/Villanova into rehabilitation. Both companies were placed into liquidation in July 2003. All health policies were cancelled where applicable and guaranty associations paid off all outstanding covered obligations.
Guaranty association coverage is coordinated on a state-by-state basis, with coverage usually being provided by the association in your state of residence, regardless of where you purchased your policy. Policyholders should contact their state guaranty association with any questions they have about their policies. The drop-down menu below will take you to your state association's Web site, which provides answers to frequently asked questions and contact information.
The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company.
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NAIC Number: 24422
An NAIC number is a five-digit number assigned to every insurance company by the NAIC (National Association of Insurance Commissioners). Because each company has its own unique number, the NAIC number can be used to identify a particular company.
Domiciliary State: Pennsylvania
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: March 28, 2002
Liquidation Date: July 28, 2003
Estate Closed: October 01, 2019