Company Overview

Southland National Insurance Company (“SNIC”), domiciled in North Carolina, sold pre-need funeral policies. It is part of the Global Bankers Insurance Group, which in turn is part of a larger group of companies known as Global Growth (formerly known as Eli Global), which is owned by Greg Lindberg. The company was placed in rehabilitation by order of the Superior Court of Wake County, North Carolina, on June 27, 2019.

On May 2, 2023, Southland National was placed into Liquidation.

On June 1, 2026, NOLHGA and the state life and health guaranty associations (the “Guaranty Associations”) closed an Assumption Reinsurance Agreement with Continental General Insurance Company (“CGIC”), under which CGIC assumed virtually all the Guaranty Associations’ remaining obligations related to SNIC. The transaction had a retroactive effective date of April 1, 2026.

More information about Southland National can be found on this website: https://southlandnational.com/

Company Details

NAIC Number: 79057

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: North Carolina

The domiciliary state is the state in which an insurance company is incorporated or organized.

Rehabilitation Date: June 27, 2019

Liquidation Date: May 02, 2023

Policy & Claims Administration

CGIC has contracted with Universal Fidelity Life Insurance Company (“UFLIC”) and Southland Benefits Solutions (“SBS”) to continue to administer certain SNIC insurance policies.