Company Details

  AMERICAN AGRI-BUSINESS INSURANCE COMPANY License Status :
Active

NAIC Number :

12548


Phone Number:

8064730333


Company Address:

7101 82ND STREET 
LUBBOCK, TX  79424

Description:

Property and Casualty


License Number:

B420645


Date Admitted:

1984-04-05


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 0.23% $87,263,110 $88,823,028 $31,322,317 $26,629,756 29.98 %
2022 Growing Crops 8.88% $7,057,801 $7,057,801 $3,316,323 $3,720,604 52.72 %
2022 Federal Crop Insurance Corporation 6.32% $80,205,309 $81,765,227 $28,005,994 $22,909,152 28.02 %
2021 Total Property & Casualty 0.20% $71,676,846 $69,972,142 $21,929,359 $46,368,011 66.27 %
2021 Growing Crops 20.94% $4,718,179 $4,719,904 $3,114,655 $4,785,136 N/A
2021 Federal Crop Insurance Corporation 16.15% $66,958,667 $65,252,238 $18,814,704 $41,582,875 63.73 %

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: 12/28/2020

Comments: Effective 12/28/2020, CGB Insurance Company merged with and into the above company.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.