Last Updated: December 2, 2024
Information Regarding the Liquidation of Time Insurance Company (Time or TIC)
NAIC #: 69477
Liquidation Dates
Liquidation Petition Filed: July 13, 2022
Effective Date of Liquidation: September 1, 2022
Bar Date (the last date on which a claim may be filed): March 1, 2023
Effective date of liquidation closing is May 30, 2024
Authorized Lines of Business
Licensed States
When Time was actively writing business it was licensed in the District of Columbia and all states except New York.
Contact Information
Policyholders who have questions on policies should contact their state Guaranty Association (National Organization of Life & Health Insurance Guaranty Associations).
Policyholders who have policies that are administered by John Hancock Life Insurance Company (USA), Talcott Resolution Life and Annuity Insurance Company, The Prudential Insurance Company of America, National Health Insurance Company, Assurity Life Insurance Company, Loyal American Life Insurance Company, or Cigna Life Insurance Company have previously been notified which company is now providing 100% of your policy coverage. These policies are not part of the Time liquidation.
Questions regarding the liquidation can be emailed to
mfemalsdc@strohmballweg.com. All completed, signed Proof of Claim Forms and supporting documentation may be submitted by mail, fax, or email as follows:
Special Deputy Liquidator
Time Insurance Company
Strohm Ballweg LLP
9701 Brader Way #301
Middleton, WI 53562
Fax: (608) 821-0601
Email: mfemalsdc@strohmballweg.com
Liquidation Documents
Proof of Claim Form
Frequently Asked Questions
Petition Filing:
Other Court Filings:Financial Statements
Brief History
Time Insurance Company was incorporated in Wisconsin on February 11, 1910, under its current name. Over the years, there have been a number of name changes until it was changed back to its current name on February 28, 2020. For a complete history of Time's name and ownership changes, please see the last
examination report.
Prior to Time entering run-off, it marketed long-term care, individual life and annuities, individual medical, and small group self-funded business.
On May 18, 2020, the Wisconsin Office of the Commissioner of Insurance petitioned to put Time into rehabilitation. The court ordered rehabilitation on July 29, 2020.
For information and filings made during rehabilitation, please see
Time Rehabilitation.