# Dearborn Life Insurance Company

Dearborn Life Insurance Company is an Insurance based in Chicago, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 300 East Randolph Street, Chicago, IL 60601, United States
- **Assets under management:** Undisclosed
- **Website:** dearbornnational.com

## Regulatory record

- **Reports private funds:** No

## About

Dearborn National Life Insurance Company of New York is a US-based insurance company with headquarters in Downers Grove. It manages approximately $11 million in assets, primarily serving the North American region.

## Sectors

- Insurance

## Offices

- Pittsford, NY, United States

## People

- Gregory S. Benesh — President and Chief Executive Officer
- James F. McCann — Director

## Questions

### Who owns Dearborn National Life Insurance Company of New York?

The company is a wholly owned subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company. HCSC is the largest customer-owned health insurer in the United States, operating Blue Cross Blue Shield plans across five states. There are no external shareholders — the mutual structure means the company is effectively owned by its policyholders.

### Does Dearborn National still actively write new group life and disability policies?

No. In 2020, the company sold its group life and disability business to Elevance Health, formerly known as Anthem. Following that divestiture, Dearborn National's primary function shifted toward managing legacy insurance blocks and serving as a licensed New York-domiciled carrier within the HCSC system rather than aggressively originating new business.

### What is the relationship between Dearborn National and Health Care Service Corporation?

Dearborn National Life Insurance Company of New York is a direct subsidiary of HCSC and operates as part of its holding company system. Administrative functions are run out of HCSC's Chicago headquarters, and the insurer shares membership in the Blue Cross Blue Shield Association through its parent. The entity provides HCSC with a New York life insurance charter.

### Where is the company domiciled and why?

The insurer is domiciled in New York and maintains a statutory home office in Pittsford, New York. This satisfies the requirement that a company writing insurance in New York State must be subject to the New York Department of Financial Services' regulatory oversight and maintain a physical presence in the state, even though operational management runs through Chicago.

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Last updated: 2026-07-08T21:53:46.057Z

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