Lumbermens Mutual Casualty Company is primarily engaged in property and casualty insurance, with health insurance representing a very small proportion of their total business. The company and its affiliates formerly operated under the trade names “Kemper” and “Kemper Insurance Companies”. They now operate under the tradename “Lumbermens Mutual Group” as a result of the sale of the former name in June 2010 to Unitrin Inc.. The company has been under a confidential administrative supervision order that allowed department oversight of a runoff plan filed with the Illinois Department of Insurance since 2003. In July 2012, the Illinois Department of Insurance placed Lumbermens into rehabilitation.
Currently there appears to be a small block of long term disability claims (approximately 230) along with some guaranteed renewable business on the books of the company. It appears from preliminary data that approximately 75% of the business will be covered by the life and health guaranty associations. Efforts are currently underway to obtain more details on the policy liabilities and administrative practices.
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.
If you are unsure whom to contact with your questions, please e-mail us here, and we will forward your message to the appropriate party.
NAIC Number: 22977
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: Illinois
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: July 02, 2012
Liquidation Date: May 10, 2013
Policies of an insolvent company are often transferred to a financially sound insurance company. If policies are not transferred to another company, the policies are continued and claims administered by either the guaranty associations or a third-party administrator (TPA) working on behalf of the associations. Please contact the company/TPA listed below or the guaranty association in your state of residence for more information about your policy.
Type of Policy | Company | Effective Date |
---|---|---|
Long Term Disability |
Madison National Life Insurance Company, Inc. P.O. Box 5008 Madison, WI. 53705 800-356-9601 ext.2411 |
May 10, 2013 |
LTD policies not assumed and non-LTD policies |
The Office of the Special Deputy Receiver 222 Merchandise Mart Plaza, Suite 1450 Chicago , IL. 60654 312-836-9637 |
May 10, 2013 |