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Company Details
AMERICAN BANKERS LIFE ASSURANCE OF FLORIDA License Status :
Active
NAIC Number :
60275
Phone Number:
651-361-4183
Company Address:
11222 QUAIL ROOST DRIVE
MIAMI, FL 33157-6596
Description:
Life and Health
License Number:
A421540
Date Admitted:
1952-09-15
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 |
|---|---|---|---|---|---|---|---|
| 2020 | Total Accident & Health | 0.00% | $9,632 | $11,592 | $0 | $-6,178 | -53.30 % |
| 2020 | Total Individual Accident & Health | 0.00% | $311 | $311 | $0 | $-2,311 | -743.09 % |
| 2020 | Individual Accident Only | 0.00% | $72 | $72 | $0 | $-2,311 | -3,209.72 % |
| 2020 | Individual Disability Income | 0.00% | $239 | $239 | $0 | $0 | 0.00 % |
| 2020 | Total Group Accident & Health | 0.00% | $9,321 | $11,281 | $0 | $-3,867 | -34.28 % |
| 2020 | Group Disability Income | 0.00% | $9,321 | $11,281 | $0 | $-1,474 | -13.07 % |
| 2020 | Group Short Term Credit Disability | 0.00% | $0 | $0 | $0 | $-2,393 | N/A |
| 2020 | Total Life | 0.00% | $73,780 | $0 | $78,323 | $0 | N/A |
| 2020 | Total Individual Life | 0.00% | $60,144 | $0 | $96,791 | $0 | N/A |
| 2020 | Individual Whole Life | 0.00% | $17,066 | $0 | $27,479 | $0 | N/A |
| 2020 | Individual Term Life | 0.00% | $1,809 | $0 | $2,913 | $0 | N/A |
| 2020 | Individual Universal Life | 0.00% | $41,237 | $0 | $66,399 | $0 | N/A |
| 2020 | Individual Ordinary Annuities | 0.00% | $32 | $0 | $0 | $0 | N/A |
| 2020 | Total Group Life | 0.00% | $13,636 | $0 | $-18,468 | $0 | N/A |
| 2020 | Group Whole Life | 0.01% | $13,636 | $0 | $0 | $0 | N/A |
| 2020 | Group Credit Life | 0.00% | $0 | $0 | $-18,468 | $0 | N/A |
| 2019 | Total Accident & Health | 0.00% | $55,144 | $56,892 | $33,756 | $19,225 | 33.79 % |
| 2019 | Total Individual Accident & Health | 0.00% | $1,267 | $1,267 | $0 | $-187 | -14.76 % |
| 2019 | Individual Accident Only | 0.00% | $1,028 | $1,028 | $0 | $-187 | -18.19 % |
| 2019 | Individual Disability Income | 0.00% | $239 | $239 | $0 | $0 | 0.00 % |
| 2019 | Total Group Accident & Health | 0.00% | $53,877 | $55,625 | $33,756 | $19,412 | 34.90 % |
| 2019 | Group Disability Income | 0.00% | $18,809 | $20,557 | $24,487 | $23,581 | N/A |
| 2019 | Group Short Term Credit Disability | 0.17% | $35,068 | $35,068 | $9,269 | $-4,169 | -11.89 % |
| 2018 | Total Accident & Health | 0.00% | $191,832 | $193,690 | $63,118 | $35,717 | 18.44 % |
| 2018 | Total Individual Accident & Health | 0.00% | $398 | $398 | $0 | $-234 | -58.79 % |
| 2018 | Individual Accident Only | 0.00% | $159 | $159 | $0 | $-234 | -147.17 % |
| 2018 | Individual Disability Income | 0.00% | $239 | $239 | $0 | $0 | 0.00 % |
| 2018 | Total Group Accident & Health | 0.00% | $191,434 | $193,292 | $63,118 | $35,951 | 18.60 % |
| 2018 | Group Disability Income | 0.00% | $25,084 | $26,845 | $29,325 | $28,380 | N/A |
| 2018 | Group Short Term Credit Disability | 0.85% | $166,350 | $166,447 | $33,793 | $7,571 | 4.55 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2020 | Health | 0.00% | 0 | 0 |
| 2020 | Life and Annuities | 0.00% | 0 | 0 |
| 2019 | Health | 0.00% | 0 | 0 |
| 2019 | Life and Annuities | 0.00% | 0 | 0 |
| 2018 | Health | 0.00% | 0 | 0 |
| 2018 | Life and Annuities | 0.00% | 0 | 0 |
Company Changes
Effective Date: 06/01/2004
Comments: Voyager Life Insurance Co. merged with and into American Bankers Life Assurance Co. of Florida.
Market Conduct
Date: 08/02/2018
Financial Exams
This company does not have any financial exams.