Company Profile

Company Profile

Company Complaints

Company Complaints

Additional Information

Additional Information

Company Complaints

Company Complaints

  • BANKERS LIFE AND CASUALTY COMPANY
  • 111 E Wacker Dr Ste 2100, Chicago, IL 60601-4508

  • 800-283-8011

Company Performance

Company Performance

In compliance with California Insurance Code § 12921.1, the California Department of Insurance conducted a Consumer Complaint Study of all admitted insurance carriers. The company performance table provides the complaints determined by the department to require that corrective action be taken against the insurer, or leading to insurer compromise, or other remedy for the complainant, those that are found to be without merit, those with other outcomes, and justified complaints. Justified complaints often require additional review, as violations of California insurance laws may exist.

Company Performance Report

YearClosed Complaints (TOTAL of Categories 1-3)
Category 1: Complaints found to require corrective action, leading to insurer compromise, or other remedy for the complainant.
Category 2: Complaints found to be without Merit
Category 3: Complaints with Other Outcomes
Category 4: Justified Complaints
202232141539
2021402313417
2020442316511

Violation Study

Violation Study

The following table represents number and type of violations found, by reference to the line of insurance and law allegedly violated

Violation Study Report

YearLine of CoverageLawSectionSummarized Description of Law# of Alleged Violations
2022DisabilityCIC10111.2Disability Income claims paid in 30 calendar days of receiving requirements or interest due5
2022DisabilityCIC790.03h3Failing to adopt & implement standards for the prompt investigation & processing of claims3
2022DisabilityCIC790.03h1Misrepresenting facts or policy provisions.1
2022DisabilityCCR2695.7(b)(1)Must deny all claims in writing. Must cite statute, applicable law or policy provision on 1st party claims.1
2022Life/Annuity-10113.71(b)Insurer must provide 30 day non-payment lapse notice to policyholder, designee1
2022DisabilityCCR2695.7(h)Must pay within 30 calendar days of accepting claim-exceptions apply- see Regulations.1
2022DisabilityCCR2695.5(a)Must respond to the California Department of Insurance within 21 calendar days.1
2022Life/AnnuityCIC780aProhibited misrepresentation of terms of a policy1
2022DisabilityCIC790.03h5Not attempting to effectuate prompt, fair, & equitable settlement when liability clear.1
If complaint data does not appear for this company, this link will provide you with an explanation.
To view the California Insurance Code (CIC), Click here
To view the California Code of Regulations (CCR), Click here

Comparison Data

Comparison Data

The information below is for complaints closed during the study period for this insurance company. The table provides the Justified Complaint Ratio, Market Share, Complaint Share, and Index for this company, grouped by the line of coverage the company was authorized to sell in this study period.