1999 insurance company insolvencies

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Workers Compensation	Business Auto
Business Property	Employment Practices
Comm'l General Liability	Bonds

1999 insurance company insolvencies

By Insure.com

Property/casualty insurance

Company	State	Total Assets
Back of the Yards Neighborhood Council Risk Management Association	Illinois	Not available
Fidelity National Insurance Co.	Florida	$7 million
FTBA Mutual Inc.	Florida	$41.1 million
Illinois Electrical Employers Workers Compensation Association	Illinois	Not available
Illinois Insurance Co.	Illinois	$30.1 million
Nonprofits Mutual Risk Retention Group	Vermont	Under $1 million
Paradigm Insurance Co.	Indiana	$51.2 million
Sac Farmers' Mutual Insurance Association	Indiana	Under $1 million
Unistar Insurance Co.	Texas	$5.5 million

Health insurance

Company

State

Total Assets

American Healthcare

Trust

Tennessee

Not available

DayMed Health

Maintenance Plan

Ohio

$8 million

Garden State

Hospitalization Plan

New Jersey

$5.4 million

Greater Pacific HMO

California

Less than $1 million

Harvard Pilgrim Health

Care of New England

(of Rhode Island)

Rhode Island

$95.1 million

HealthOhio

Ohio

$20.2 million

HIP of Pennsylvania

Pennsylvania

$1.4 million

Kitsap Phyisicians

Service

Washington

$26.0 million

MedQuest

Kentucky

Not available

Physicians Care PPO

Pennsylvania

$4.0 million

Premier Healthcare of

Arizona

Arizona

$13.5 million

Wellcare of

Connecticut

Connecticut

$4.4 million

Xantus Healthplans of

Mississippi

Mississippi

Less than $1 million

Xantus Healthplans of Tennessee

Tennessee

$34.1 million

Life insurance

Company	State	Total Assets
Family Guaranty Life Insurance Co.	Mississippi	$28.9 million
Farmers & Ranchers Life Insurance Co.	Oklahoma	$13.7 million
First National Life Insurance Co. of America	Mississippi	$126.2 million
Franklin American Life Insurance Co.	Tennessee	$76.1 million
Franklin Protective Life Insurance Co.	Mississippi	$30.1 million
General American Life Insurance Co.1	Missouri	$14.1 billion
Integrity Life Insurance Co.	Arizona	$7.4 billion
International Financial Services Life Insurance Co.	Illinois	$206.9 million
Life Insurance Co. of Alaska	Alaska	Not available
National Affiliated Investors Life Insurance Co.	Louisiana	$4.6 million
Settlers Life Insurance Co.2	Virginia	$205.9 million
Universal Life Insurance Co.	Tennessee	Not available
1 Acquired by Metropolitan Life Insurance Co. on Jan. 6, 2000 2 Acquired by National Guardian Life Insurance Co. on Dec. 16, 1999

Source: Standard & Poor's

Back to: Insolvency graveyard: The insurance companies that didn't make it in 1999

Last Updated Mar. 8, 2000

Small business insurance: Insure for the worst, hope for the best