Company Details

  ADDISON INSURANCE COMPANY License Status :
Active

NAIC Number :

10324


Phone Number:

8003327977


Company Address:

PO Box 73909 
Cedar Rapids, IA  52407-3909

Description:

Property and Casualty


License Number:

B420322


Date Admitted:

2003-12-29


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Property & Casualty 0.03% $9,868,503 $10,191,841 $2,595,343 $5,668,537 55.62 %
2022 Total Fire & Allied Lines 0.19% $2,227,961 $2,320,395 $332,918 $453,656 19.55 %
2022 Commercial Fire & Allied Lines 0.32% $2,227,961 $2,320,395 $332,918 $453,656 19.55 %
2022 Commercial Multi-Peril 0.03% $757,328 $961,176 $11,302 $175,296 18.24 %
2022 Inland Marine (Incl Auto Cargo) 0.04% $685,642 $661,626 $85,716 $236,158 35.69 %
2022 Earthquake 0.01% $50,114 $42,800 $0 $1,034 2.42 %
2022 Direct Workers Compensation 0.00% $159,898 $208,684 $663,314 $645,984 N/A
2022 Other Liability - Bodily Injury & Property Damage 0.09% $2,157,376 $2,128,697 $102,212 $1,449,073 68.07 %
2022 Products Liability 0.64% $703,718 $683,127 $313,000 $54,945 8.04 %
2022 Total Commercial Automobile 0.13% $3,020,807 $3,066,830 $1,023,284 $2,590,589 84.47 %
2022 Commercial Auto Liability Bodily Injury 0.09% $1,058,776 $1,068,968 $178,995 $1,176,036 N/A
2022 Commercial Auto Liability Property Damage 0.20% $798,726 $806,414 $291,424 $371,886 46.12 %
2022 Commercial Auto Medical Payments 0.10% $19,085 $18,299 $2,265 $5,360 29.29 %
2022 Commercial Auto Uninsured Motorists 0.07% $63,788 $63,083 $0 $523,917 N/A
2022 Commercial Auto Comprehensive 0.13% $363,923 $372,108 $116,217 $98,355 26.43 %
2022 Commercial Auto Collision 0.17% $716,509 $737,958 $434,383 $415,035 56.24 %
2022 Burglary & Theft 0.02% $5,149 $5,892 $0 $0 0.00 %
2022 Boiler & Machinery 0.11% $100,510 $112,614 $63,597 $61,802 54.88 %
2021 Total Property & Casualty 0.03% $10,473,118 $11,550,196 $6,263,381 $6,508,937 56.35 %
2021 Total Fire & Allied Lines 0.15% $2,393,399 $2,251,349 $1,816,730 $965,016 42.86 %
2021 Commercial Fire & Allied Lines 0.39% $2,393,399 $2,251,349 $1,816,730 $965,016 42.86 %
2021 Commercial Multi-Peril 0.06% $1,385,990 $1,875,494 $1,431,728 $1,106,603 59.00 %
2021 Inland Marine (Incl Auto Cargo) 0.05% $690,231 $681,894 $306,488 $302,470 44.36 %
2021 Earthquake 0.01% $36,290 $31,960 $0 $-301 -0.94 %
2021 Direct Workers Compensation 0.01% $258,890 $266,947 $526,607 $412,546 N/A
2021 Other Liability - Bodily Injury & Property Damage 0.09% $1,995,569 $2,219,768 $576,913 $1,522,566 68.59 %
2021 Products Liability 0.56% $605,292 $656,387 $323,926 $741,592 N/A
2021 Total Commercial Automobile 0.13% $2,972,009 $3,420,613 $1,249,616 $1,426,726 41.71 %
2021 Commercial Auto Liability Bodily Injury 0.09% $1,037,087 $1,196,766 $236,725 $597,513 49.93 %
2021 Commercial Auto Liability Property Damage 0.24% $782,364 $902,824 $311,713 $169,152 18.74 %
2021 Commercial Auto Medical Payments 0.10% $16,800 $18,128 $5,000 $5,997 33.08 %
2021 Commercial Auto Uninsured Motorists 0.09% $64,291 $73,759 $95,000 $74,955 N/A
2021 Commercial Auto Comprehensive 0.15% $359,222 $386,664 $271,801 $262,579 67.91 %
2021 Commercial Auto Collision 0.18% $712,245 $842,472 $329,377 $316,530 37.57 %
2021 Burglary & Theft 0.04% $7,176 $7,263 $0 $88 1.21 %
2021 Boiler & Machinery 0.15% $128,272 $138,521 $31,373 $31,631 22.83 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes

Effective Date: 10/29/2010

Comments: Addison Insurance Co. redomesticated from Illinois to Iowa.


Market Conduct

Date: 02/25/2014

AddisonInsuranceCoOrder.pdf


Financial Exams

This company does not have any financial exams.