Security Connecticut

Security-Connecticut Life Insurance Company (NAIC 91588) appears in California insurance records as a life-disability writer with a status shown as merged and affiliated with the ING group, reflecting how the company ultimately became part of the ING/Voya family of insurers.[1] That outcome traces back to the late 1990s consolidation of regional insurers. A New York Department of Financial Services examination report for a related ReliaStar entity describes how Security-Connecticut Corporation was merged into ReliaStar Financial Corporation effective July 1, 1997, with subsequent holding-company reorganizations.[2] A contemporaneous SEC filing/press release likewise describes ReliaStar's completion of the acquisition of Security-Connecticut Corporation.[3] These transactions illustrate why life insurers consolidate: scale in policy administration, broader distribution, and stronger capital management in an industry dominated by long-duration promises. Once inside a larger group, carriers like Security-Connecticut typically transition from active brand-building to back-book stewardship, supporting existing policyholders and integrating systems.[1][2] Reinsurance often accompanies such restructuring. Examination and transaction documents highlight the corporate mechanics, while reinsurer identities can vary over time; nonetheless, the mergers themselves signal a search for stability and capital efficiency.[2][3] Security-Connecticut's legacy is therefore a case study in how mid-sized insurers were absorbed into national platforms as product complexity, regulation, and investment risk management increased in the decades leading up to the post-2008 era.[1][2][3]

Sources: [1] https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?doFunction=getCompanyProfile&event=companyProfile&naic=91588 (CA Dept. of Insurance - Company Profile (NAIC 91588)) ; [2] https://www.dfs.ny.gov/reports_and_publications/exam_reports/life_insurance/61360fc16 (NY Dept. of Financial Services exam report (ReliaStar Bankers Security Life)) ; [3] https://www.sec.gov/Archives/edgar/data/841528/0000897101-97-000732.txt (SEC archive (ReliaStar acquisition of Security-Connecticut))