Insurance Company Information - Short Term Health Insurance Carriers

Standard Security Life Insurance Company of NY
A.M.Best #: 07075    NAIC #: 69078    FEIN #:  135679267
Address: 485 Madison Avenue, 14th Floor, New York, NY 10022-5872
Standard Security Life Insurance Company of New York is a wholly-owned subsidiary of Independence Holding Company, a NYSE listed corporation (Symbol IHC) with principal interests in the life and health insurance business. Also in this group are Madison National Life Insurance Company, Inc. and Independence American Insurance Company. At December 31, 2004, consolidated assets of Independence Holding Company were $968,493,000 and common stockholders equity totaled $188,853,000.

The Company was founded in 1958, is domiciled in the State of New York, and headquartered in New York City. It is licensed in all 50 states, the District of Columbia, the Virgin Islands, and Puerto Rico. Standard Security Life is rated A - (Excellent) by A.M. Best.

Assurant Health / Time Insurance Company
A.M.Best #: 07126    NAIC #: 69477    FEIN #:  390658730
Address: P.O. Box 3050, Milwaukee, WI 53201-3050
Assurant Health underwritten by Time Insurance Company has been in business since 1892. Assurant Health's underwriting companies provide health insurance coverage for more than one million people nationwide. The companies’ primary products include individual medical, small group, short term and student health insurance products, as well as non-insurance products and consumer-choice products such as Health Savings Accounts and Health Reimbursement Arrangements. With almost 3,000 employees, Assurant Health is headquartered in Milwaukee, Wisconsin. Assurant Health is the brand name for products underwritten and issued by one or more of Assurant Health’s underwriting companies – Time Insurance Company, John Alden Life Insurance Company and Union Security Insurance Company.
Fairmont Specialty Group / Fairfax Financial Holdings / Crum & Forster Holding Inc.
A.M.Best #: 04293    NAIC #: 18864    FEIN #:  941737938
Address: P.O. Box 2807, Houston, TX 77252
Fairfax Financial Holdings has combined its two U.S. primary insurance groups into one operation with Fairmont Specialty becoming a division of Crum & Forster Holding Inc. (“Crum & Forster”). The new division will retain the name of Fairmont Specialty and continue to offer the same products and services to its current agents and insureds.  Fairmont Specialty business will be written by an insurance company of Crum & Forster (rated ‘A-‘ by A.M. Best). The business that does not immediately migrate will continue to be written by the Fairmont Specialty Group legal entities and will be 100% reinsured by an insurance company of Crum & Forster until the licensing and filling transition is completed.  Crum & Forster Statistics: Gross Written Premium for 2004 - $869.6 million, Capital as of 12/31/2004 - $966.8 million, Number of Employees as of 12/31/2004 - 1079

 

AM Best Rating Information: Companies with a secure Best's Financial Strength Rating (A++, A+, A, A-, B++, B+) are awarded a BestMark. This special emblem displays the appropriate rating and category (Superior, Excellent, or Very Good), helping visitors recognize them as an industry leader.

The icon represents A.M. Best's opinion of an insurer's ability to meet its obligations to policyholders - an opinion grounded in painstaking analysis of each company's reported financial performance for at least the past five years, utilizing over 100 key financial tests and supporting data.