Company Details

Company Details

Company Name:
ADDISON INSURANCE COMPANY
License Status:
Active
NAIC Number:
10324
Company Address:
118 2nd Avenue SE
Cedar Rapids, IA 52401
Phone Number:
3193995700
Mailing Address:
PO Box 73909
Cedar Rapids, IA 52407-3909
Description:
Property and Casualty (Ch 379, RSMo)
License Number:
B420322
Date Admitted:
2003-12-29

Market Share

Year Line Market Share Direct Premium Written Direct Premium Earned Dividends Paid Direct Losses Paid Direct Losses Incurred In Force Loss Ratio
2025 Total Property & Casualty 0.05% $8,259,169 $8,241,700 $0 $9,890,764 $6,946,930 $0 70.24%
2025 Total Fire & Allied Lines 0.03% $184,211 $1,027,703 $0 $0 $-193,729 $0 0%
2025 Commercial Fire & Allied Lines 0.06% $184,211 $1,027,703 $0 $0 $-193,729 $0 0%
2025 Commercial Multi-Peril 0.3% $3,685,735 $2,161,161 $0 $3,244,361 $6,144,329 $0 189.38%
2025 Inland Marine (Incl Auto Cargo) 0.06% $229,145 $357,486 $0 $6,625 $7,152 $0 107.95%
2025 Earthquake 0% $1,476 $31,363 $0 $0 $-4,690 $0 0%
2025 Direct Workers Compensation 0.11% $1,210,201 $854,318 $0 $158,492 $464,676 $0 293.19%
2025 Other Liability - Bodily Injury & Property Damage 0.07% $768,573 $1,253,897 $0 $1,811,984 $-281,231 $0 -15.52%
2025 Liquor Liability 0% $0 $51 $0 $0 $0 $0 0%
2025 Products Liability 0.26% $142,416 $332,833 $0 $2,026,549 $1,175,571 $0 58.01%
2025 Total Commercial Auto 0.15% $1,320,389 $1,409,812 $0 $2,266,091 $-747,087 $0 -32.97%
2025 Commercial Auto Liability - Bodily Injury 0.12% $722,233 $770,124 $0 $1,771,353 $-727,260 $0 -41.06%
2025 Commercial Auto Liability - Property Damage 0.3% $544,843 $580,971 $0 $115,606 $63,951 $0 55.32%
2025 Commercial Auto Liability - Medical Payments 0.29% $6,454 $7,308 $0 $4,132 $-11,891 $0 -287.78%
2025 Commercial Auto Liability - Uninsured Motorists 0.1% $46,859 $51,409 $0 $375,000 $-71,887 $0 -19.17%
2025 Commercial Auto - Comprehensive 0.21% $297,094 $326,342 $0 $214,240 $186,175 $0 86.9%
2025 Commercial Auto - Collision 0.18% $413,392 $443,863 $0 $162,422 $197,079 $0 121.34%
2025 Burglary & Theft 0% $-225 $2,363 $0 $0 $-73 $0 0%
2025 Boiler & Machinery 0.01% $6,762 $40,508 $0 $0 $-1,242 $0 0%
2024 Total Property & Casualty 0.05% $7,811,223 $8,339,443 $0 $2,717,913 $4,294,725 $0 158.02%
2024 Total Fire & Allied Lines 0.3% $1,872,416 $1,855,209 $0 $701,402 $567,267 $0 80.88%
2024 Commercial Fire & Allied Lines 0.47% $1,872,416 $1,855,209 $0 $701,402 $567,267 $0 80.88%
2024 Commercial Multi-Peril 0.03% $316,299 $664,744 $0 $121,646 $15,129 $0 12.44%
2024 Inland Marine (Incl Auto Cargo) 0.12% $484,937 $627,620 $0 $46,314 $-168,360 $0 -363.52%
2024 Earthquake 0.03% $50,087 $47,449 $0 $0 $-69 $0 0%
2024 Direct Workers Compensation 0.05% $553,158 $402,781 $0 $23,039 $25,943 $0 112.6%
2024 Other Liability - Bodily Injury & Property Damage 0.19% $1,842,095 $1,895,738 $0 $340,789 $466,936 $0 137.02%
2024 Products Liability 1.17% $666,192 $668,503 $0 $793,611 $761,081 $0 95.9%
2024 Total Commercial Auto 0.16% $1,279,917 $1,338,372 $0 $442,148 $2,367,665 $0 0%
2024 Commercial Auto Liability - Bodily Injury 0.12% $698,039 $730,628 $0 $255,270 $1,514,937 $0 0%
2024 Commercial Auto Liability - Property Damage 0.32% $526,591 $551,175 $0 $164,444 $-330,809 $0 -201.17%
2024 Commercial Auto Liability - Medical Payments 0.1% $6,988 $10,437 $0 $22,434 $20,303 $0 90.5%
2024 Commercial Auto Liability - Uninsured Motorists 0.1% $48,299 $46,132 $0 $0 $1,163,234 $0 0%
2024 Commercial Auto - Comprehensive 0.18% $295,928 $304,083 $0 $110,577 $145,846 $0 131.9%
2024 Commercial Auto - Collision 0.18% $367,149 $441,984 $0 $138,387 $121,953 $0 88.12%
2024 Burglary & Theft 0.05% $6,309 $5,442 $0 $0 $-448 $0 0%
2024 Boiler & Machinery 0.15% $76,736 $87,518 $0 $0 $-8,218 $0 0%
2023 Total Property & Casualty 0.06% $9,774,372 $9,873,145 $0 $5,325,335 $4,741,941 $0 89.04%
2023 Total Fire & Allied Lines 0.26% $2,009,242 $2,161,584 $0 $1,349,107 $1,375,092 $0 101.93%
2023 Dwelling Fire & Allied Lines 0.87% $2,009,242 $2,161,584 $0 $1,349,107 $1,375,092 $0 101.93%
2023 Commercial Multi-Peril 0.08% $863,104 $802,256 $0 $210,960 $179,992 $0 85.32%
2023 Inland Marine (Incl Auto Cargo) 0.14% $769,652 $707,309 $0 $327,874 $340,729 $0 103.92%
2023 Earthquake 0.03% $48,709 $49,428 $0 $0 $1,488 $0 0%
2023 Direct Workers Compensation 0.02% $192,880 $153,806 $0 $491,440 $409,424 $0 83.31%
2023 Other Liability - Bodily Injury & Property Damage 0.21% $2,003,741 $2,064,952 $0 $555,957 $-170,357 $0 -30.64%
2023 Products Liability 1.36% $672,764 $710,095 $0 $244,150 $615,653 $0 252.16%
2023 Total Commercial Automobile 0.3% $3,106,533 $3,116,597 $0 $2,141,567 $1,983,363 $0 92.61%
2023 Commercial Auto Liability Bodily Injury 0.21% $1,063,217 $1,082,768 $0 $1,075,000 $511,143 $0 47.55%
2023 Commercial Auto Liability Property Damage 0.56% $802,076 $816,825 $0 $384,507 $631,569 $0 164.25%
2023 Commercial Auto Medical Payments 0.29% $21,815 $21,402 $0 $1,104 $9,602 $0 0%
2023 Commercial Auto Uninsured Motorists 0.14% $56,990 $59,694 $0 $100,000 $308,023 $0 308.02%
2023 Commercial Auto Comprehensive 0.33% $398,016 $382,281 $0 $229,388 $230,427 $0 100.45%
2023 Commercial Auto Collision 0.38% $764,419 $753,627 $0 $351,568 $292,599 $0 83.23%
2023 Burglary & Theft 0.06% $5,003 $5,019 $0 $0 $0 $0 0%
2023 Boiler & Machinery 0.22% $102,744 $102,099 $0 $4,280 $6,557 $0 153.2%
2022 Total Property & Casualty 0.07% $9,868,503 $10,191,841 $0 $2,595,343 $5,668,537 $0 218.41%
2022 Total Fire & Allied Lines 0.46% $2,227,961 $2,320,395 $0 $332,918 $453,656 $0 136.27%
2022 Commercial Fire & Allied Lines 0.7% $2,227,961 $2,320,395 $0 $332,918 $453,656 $0 136.27%
2022 Commercial Multi-Peril 0.08% $757,328 $961,176 $0 $11,302 $175,296 $0 0%
2022 Inland Marine (Incl Auto Cargo) 0.13% $685,642 $661,626 $0 $85,716 $236,158 $0 275.51%
2022 Earthquake 0.04% $50,114 $42,800 $0 $0 $1,034 $0 0%
2022 Direct Workers Compensation 0.02% $159,898 $208,684 $0 $663,314 $645,984 $0 97.39%
2022 Other Liability - Bodily Injury & Property Damage 0.25% $2,157,376 $2,128,697 $0 $102,212 $1,449,073 $0 0%
2022 Products Liability 1.6% $703,718 $683,127 $0 $313,000 $54,945 $0 17.55%
2022 Total Commercial Automobile 0.31% $3,020,807 $3,066,830 $0 $1,023,284 $2,590,589 $0 253.16%
2022 Commercial Auto Liability Bodily Injury 0.22% $1,058,776 $1,068,968 $0 $178,995 $1,176,036 $0 0%
2022 Commercial Auto Liability Property Damage 0.53% $798,726 $806,414 $0 $291,424 $371,886 $0 127.61%
2022 Commercial Auto Medical Payments 0.27% $19,085 $18,299 $0 $2,265 $5,360 $0 236.64%
2022 Commercial Auto Uninsured Motorists 0.17% $63,788 $63,083 $0 $0 $523,917 $0 0%
2022 Commercial Auto Comprehensive 0.29% $363,923 $372,108 $0 $116,217 $98,355 $0 84.63%
2022 Commercial Auto Collision 0.39% $716,509 $737,958 $0 $434,383 $415,035 $0 95.55%
2022 Burglary & Theft 0.07% $5,149 $5,892 $0 $0 $0 $0 0%
2022 Boiler & Machinery 0.26% $100,510 $112,614 $0 $63,597 $61,802 $0 97.18%
2021 Total Property & Casualty 0.08% $10,473,118 $11,550,196 $0 $6,263,381 $6,508,937 $0 103.92%
2021 Total Fire & Allied Lines 0.36% $2,393,399 $2,251,349 $0 $1,816,730 $965,016 $0 53.12%
2021 Commercial Fire & Allied Lines 0.72% $2,393,399 $2,251,349 $0 $1,816,730 $965,016 $0 53.12%
2021 Commercial Multi-Peril 0.15% $1,385,990 $1,875,494 $0 $1,431,728 $1,106,603 $0 77.29%
2021 Inland Marine (Incl Auto Cargo) 0.15% $690,231 $681,894 $0 $306,488 $302,470 $0 98.69%
2021 Earthquake 0.03% $36,290 $31,960 $0 $0 $-301 $0 0%
2021 Direct Workers Compensation 0.03% $258,890 $266,947 $0 $526,607 $412,546 $0 78.34%
2021 Other Liability - Bodily Injury & Property Damage 0.25% $1,995,569 $2,219,768 $0 $576,913 $1,522,566 $0 263.92%
2021 Products Liability 1.49% $605,292 $656,387 $0 $323,926 $741,592 $0 228.94%
2021 Total Commercial Automobile 0.33% $2,972,009 $3,420,613 $0 $1,249,616 $1,426,726 $0 114.17%
2021 Commercial Auto Liability Bodily Injury 0.23% $1,037,087 $1,196,766 $0 $236,725 $597,513 $0 252.41%
2021 Commercial Auto Liability Property Damage 0.59% $782,364 $902,824 $0 $311,713 $169,152 $0 54.27%
2021 Commercial Auto Medical Payments 0.25% $16,800 $18,128 $0 $5,000 $5,997 $0 119.94%
2021 Commercial Auto Uninsured Motorists 0.22% $64,291 $73,759 $0 $95,000 $74,955 $0 78.9%
2021 Commercial Auto Comprehensive 0.35% $359,222 $386,664 $0 $271,801 $262,579 $0 96.61%
2021 Commercial Auto Collision 0.41% $712,245 $842,472 $0 $329,377 $316,530 $0 96.1%
2021 Burglary & Theft 0.11% $7,176 $7,263 $0 $0 $88 $0 0%
2021 Boiler & Machinery 0.34% $128,272 $138,521 $0 $31,373 $31,631 $0 100.82%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Homeowners 0.02% 0 0

Company Changes

Date:
2010-10-29
Comments:
Addison Insurance Co. redomesticated from Illinois to Iowa.

Market Regulation Actions

Date:
2014-02-25

Financial Exams

This company does not have any financial exams.