On March 9, 2005, States General Life Insurance Company ("SGLIC") was determined to be in hazardous financial condition and placed in permanent receivership by the 126th Judicial District Court, Travis County, Texas. The Commissioner of Insurance has appointed Jack M. Webb & Associates, Inc. as Special Deputy Receiver ("SDR") to handle the liquidation of the States General Life Insurance Company receivership estate. All claims against this company are now claims against the receivership estate and all proceedings are governed by The Insurer Receivership Act, Chapter 443 of the Texas Insurance Code.
New Era Life Insurance Companies, Houston, Texas, assumed all in force SGLIC policies on July 1, 2005, and began administration of the business on January 1, 2006. If you have questions regarding coverage or policy administration, please contact New Era at the address or telephone number shown below.
New Era Life Insurance Companies PO Box 4884 Houston, TX 77210-4884 Ph: (800) 552-7879
On July 2, 2010, the SDR filed a Final Report and Application to Make Final Distribution which was approved by the court on July 20, 2010. The application, order and related exhibits are available in the Receivership Court Documents section of this website.
For additional information, contact the Special Deputy Receiver's office at (281) 586-7166 or by mail at 110 Cypress Station, Suite 160, Houston, Texas 77090.
