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Company Details
INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT License Status :
Active
NAIC Number :
81779
Phone Number:
4052425109
Company Address:
PO BOX 14998
OKLAHOMA CITY, OK 73113-0998
Description:
Life and Health
License Number:
A420689
Date Admitted:
1973-11-27
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 |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.03% | $3,712,695 | $3,802,724 | $3,101,983 | $2,874,048 | 75.58 % |
| 2023 | Total Individual Accident & Health | 0.07% | $3,712,695 | $3,802,724 | $3,101,983 | $2,874,046 | 75.58 % |
| 2023 | Individual Medicare Supplement | 0.70% | $3,712,397 | $3,802,416 | $3,101,983 | $2,874,046 | 75.58 % |
| 2023 | Individual Disability Income | 0.00% | $298 | $308 | $0 | $0 | 0.00 % |
| 2023 | Total Group Accident & Health | 0.00% | $0 | $0 | $0 | $2 | N/A |
| 2023 | Group Short Term Credit Disability | 0.00% | $0 | $0 | $0 | $2 | N/A |
| 2023 | Total Life | 0.00% | $234,003 | $0 | $44,288 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $133,310 | $0 | $43,601 | $0 | N/A |
| 2023 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Term Life | 0.02% | $133,310 | $0 | $43,601 | $0 | N/A |
| 2023 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Total Group Life | 0.00% | $100,693 | $0 | $687 | $0 | N/A |
| 2023 | Group Term Life | 0.02% | $100,693 | $0 | $687 | $0 | N/A |
| 2023 | Group Variable Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Total Accident & Health | 0.05% | $5,556,926 | $5,680,088 | $4,719,979 | $4,567,371 | 80.41 % |
| 2022 | Total Individual Accident & Health | 0.12% | $5,556,926 | $5,679,693 | $4,719,979 | $4,567,374 | 80.42 % |
| 2022 | Individual Medicare Supplement | 1.10% | $5,556,394 | $5,679,158 | $4,719,979 | $4,567,374 | 80.42 % |
| 2022 | Individual Disability Income | 0.00% | $532 | $535 | $0 | $0 | 0.00 % |
| 2022 | Total Group Accident & Health | 0.00% | $0 | $395 | $0 | $-3 | -0.76 % |
| 2022 | Group Short Term Credit Disability | 0.00% | $0 | $395 | $0 | $-3 | -0.76 % |
| 2022 | Total Life | 0.00% | $248,489 | $0 | $140,337 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $127,391 | $0 | $139,544 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Individual Term Life | 0.02% | $127,391 | $0 | $139,544 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $121,098 | $0 | $793 | $0 | N/A |
| 2022 | Group Term Life | 0.02% | $121,098 | $0 | $793 | $0 | N/A |
| 2022 | Group Credit Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Total Accident & Health | 0.07% | $7,984,131 | $8,094,381 | $6,442,762 | $7,948,292 | 98.20 % |
| 2021 | Total Individual Accident & Health | 0.18% | $7,984,431 | $8,093,559 | $6,442,762 | $7,948,316 | 98.21 % |
| 2021 | Individual Medicare Supplement | 1.37% | $7,983,809 | $8,092,951 | $6,442,762 | $7,948,316 | 98.21 % |
| 2021 | Individual Disability Income | 0.00% | $622 | $608 | $0 | $0 | 0.00 % |
| 2021 | Total Group Accident & Health | 0.00% | $-300 | $822 | $0 | $-24 | -2.92 % |
| 2021 | Group Short Term Credit Disability | 0.00% | $-300 | $822 | $0 | $-24 | -2.92 % |
| 2021 | Total Life | 0.00% | $265,651 | $0 | $218,126 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $131,940 | $0 | $52,234 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Individual Term Life | 0.02% | $131,940 | $0 | $52,234 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Total Group Life | 0.00% | $133,711 | $0 | $165,892 | $0 | N/A |
| 2021 | Group Term Life | 0.02% | $140,039 | $0 | $165,892 | $0 | N/A |
| 2021 | Group Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Group Credit Life | -0.06% | $-6,328 | $0 | $0 | $0 | N/A |
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 |
|---|---|---|---|---|
| 2023 | Health | 0.06% | 1 | 73 |
| 2023 | Life and Annuities | 0.00% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 0.72% | 1 | 184 |
| 2022 | Health | 0.09% | 0 | 0 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.98% | 0 | 0 |
| 2021 | Health | 0.11% | 0 | 0 |
| 2021 | Life and Annuities | 0.00% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 1.19% | 0 | 0 |
Company Changes
Effective Date: 11/19/2012
Comments: Individual Assurance Company, Life, Health & Accident
Effective Date: 09/08/2014
Comments: Effective 09/08/14 this company redomesticated from Misssouri to Oklahoma.
Market Conduct
Date: 11/13/2019
Financial Exams
Date: 03/27/2014