News: § 11691.3. Workers' Compensation; List of Insurers or Reinsurers Authorized to Reinsure the Injury, Disablement, or Death Portions of Workers' Compensation Policies
The list below is provided pursuant to California Insurance Code Section 11691.3 (formerly § 11690.5), which states in pertinent part as follows:
"The Commissioner shall establish a list of all insurers or reinsurers authorized to reinsure the injury, disablement, or death portions of policies of workers' compensation insurance under the class of disability insurance. An insurer or reinsurer shall be authorized to reinsure the injury, disablement, or death portions of policies of workers' compensation insurance under the class of disability insurance if it has complied with Section 11691. The Commissioner shall publish a master list of those insurers or reinsurers at least semiannually. Any insurer or reinsurer providing the notification and deposit required by Section 11691 shall be added by addendum to the list at the time of approval, and shall be incorporated into the master list at the next date of publication. The list and addenda required by this section shall be published so that they are readily accessible to insurers and producers."
Insurers and reinsurers of California workers' compensation business should be fully cognizant of and compliant with the deposit requirements prescribed in Section 11690 - 11703 before engaging in either the insurance or reinsurance of such business.
Inclusion on the statutory list does not constitute an official recommendation or endorsement of any insurer or reinsurance arrangement by the Insurance Department.
If an insurer enters into a contract of reinsurance with an insurer or reinsurer reinsuring the injury, disablement, or death portions of policies of workers' compensation insurance under the class of disability insurance that is not authorized pursuant to this section, the ceding insurer may not be able to claim that reinsurance for reserve credit.
||AMERICAN NATIONAL INSURANCE COMPANY
||AMERICAN PHOENIX LIFE AND REASSURANCE COMPANY
||AMERICAN UNITED LIFE INSURANCE COMPANY
||CANADA LIFE ASSURANCE COMPANY (THE)
||CONNECTICUT GENERAL LIFE INS CO
||CONTINENTAL ASSURANCE COMPANY
||CROWN LIFE INSURANCE COMPANY
||FACTORY MUTUAL INSURANCE COMPANY
||GENERAL AMERICAN LIFE INSURANCE COMPANY
||JOHN HANCOCK LIFE INS CO (USA)
||LIFE INSURANCE COMPANY OF NORTH AMERICA
||LINCOLN NATIONAL LIFE INSURANCE COMPANY (THE)
||NATIONWIDE LIFE INSURANCE COMPANY
||PHOENIX LIFE INSURANCE COMPANY
||RELIANCE STANDARD LIFE INSURANCE COMPANY
||RELIASTAR LIFE INSURANCE COMPANY
||RGA REINSURANCE COMPANY
||SUN LIFE ASSURANCE CO OF CANADA
||SWISS RE LIFE & HEALTH AMERICA INC
||UNUM LIFE INS CO OF AMERICA
Table Updated Date: December 4, 2012
Note: * - Questionnaire filings are to be made on at least an annual basis and to be approved by the Department.
If your company has made a filing and is not on the list, or otherwise believes it should be listed, please contact Workers' Compensation Deposit Review Team Hotline at (213)346-6433. The required form for filing can be found on the California Department of Insurance website.