LIONS INSURANCE COMPANY
3838 NORTH RURAL STREET, INDIANAPOLIS, IN 46205

Total Revenue
$6,532,131
Total Expenses
$5,735,184
Net Assets
$7,165,032

Organizations Filed Purposes: TO PROVIDE INSURANCE COVERING THE PROFESSIONAL (MALPRACTICE) AND GENERAL LIABILITY EXPOSURES OF THE NURSING HOMES OPERATED BY HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY (HHC); TO PROVIDE TAIL COVERAGE RELATING TO POTENTIAL EXPOSURE FOR PROFESSIONAL AND GENERAL CLAIMS INCURRED PRIOR TO THE INCEPTION OF LIONS INSURANCE COMPANY.

TO PROVIDE INSURANCE COVERING THE PROFESSIONAL AND GENERAL LIABILITY EXPOSURES OF THE NURSING HOMES OPERATED BY HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY(HHC)

LIONS INSURANCE COMPANY IS A COMPONENT UNIT OF HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY (HHC). HHC IS A MUNICIPAL ENTITY CREATED BY STATE STATUTE, INDIANA CODE SECTION 16-22-8 ET SEQ. LIONS INSURANCE COMPANY IS A PURE CAPTIVE INSURER ORGANIZED AS A NONPROFIT CORPORATION THAT PROVIDES INSURANCE AND REINSURANCE COVERAGE FOR HHC'S NURSING HOMES. DURING 2019 LIONS INSURANCE COMPANY CLOSED 51 CLAIMS MADE BY OR ON BEHALF OF HHC NURSING HOME RESIDENTS. LIONS INSURANCE PAID $3,421,725 IN CLAIMS RELATING TO 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Robert R PutnamBOARD MEMBER1$0
James Miner MdBOARD MEMBER1$0
Norman ArandaPRESIDENT20$0
Daniel E SellersVP, SECRETARY, AND TREASURER10$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033159349304018_public.xml