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Company Details
INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT License Status :
Active
NAIC Number :
81779
Phone Number:
405-285-5307
Company Address:
PO BOX 30685
EDMOND, OK 73003
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.02% | $10,043,382 | $9,891,382 | $7,715,462 | $7,921,897 | 80.09 % |
| 2019 | Total Individual Accident & Health | 0.06% | $10,047,313 | $9,888,996 | $7,703,098 | $7,925,008 | 80.14 % |
| 2019 | Individual Medicare Supplement | 0.43% | $10,046,721 | $9,888,406 | $7,703,098 | $7,925,008 | 80.14 % |
| 2019 | Individual Disability Income | 0.00% | $592 | $590 | $0 | $0 | 0.00 % |
| 2019 | Total Group Accident & Health | 0.00% | $-3,931 | $2,386 | $12,364 | $-3,111 | -130.39 % |
| 2019 | Group Short Term Credit Disability | -0.02% | $-3,931 | $2,386 | $12,364 | $-3,111 | -130.39 % |
| 2019 | Total Life | 0.00% | $456,881 | $0 | $302,649 | $0 | N/A |
| 2019 | Total Individual Life | 0.00% | $144,105 | $0 | $211,252 | $0 | N/A |
| 2019 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2019 | Individual Term Life | 0.01% | $144,105 | $0 | $207,271 | $0 | N/A |
| 2019 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $3,981 | $0 | N/A |
| 2019 | Total Group Life | 0.00% | $312,776 | $0 | $91,397 | $0 | N/A |
| 2019 | Group Term Life | 0.03% | $317,192 | $0 | $61,016 | $0 | N/A |
| 2019 | Group Credit Life | -0.02% | $-4,416 | $0 | $30,381 | $0 | N/A |
| 2018 | Total Accident & Health | 0.01% | $8,036,660 | $8,035,774 | $5,945,260 | $5,985,265 | 74.48 % |
| 2018 | Total Individual Accident & Health | 0.05% | $8,048,328 | $7,999,193 | $5,914,704 | $5,971,367 | 74.65 % |
| 2018 | Individual Medicare Supplement | 0.35% | $8,047,736 | $7,998,589 | $5,914,704 | $5,971,367 | 74.66 % |
| 2018 | Individual Disability Income | 0.00% | $592 | $604 | $0 | $0 | 0.00 % |
| 2018 | Total Group Accident & Health | 0.00% | $-11,668 | $36,581 | $30,556 | $13,898 | 37.99 % |
| 2018 | Group Short Term Credit Disability | -0.07% | $-11,668 | $36,581 | $30,556 | $13,898 | 37.99 % |
| 2018 | Total Life | 0.00% | $524,598 | $0 | $308,842 | $0 | N/A |
| 2018 | Total Individual Life | 0.00% | $147,794 | $0 | $114,666 | $0 | N/A |
| 2018 | Individual Whole Life | 0.00% | $0 | $0 | $5,000 | $0 | N/A |
| 2018 | Individual Term Life | 0.01% | $147,794 | $0 | $97,514 | $0 | N/A |
| 2018 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $12,152 | $0 | N/A |
| 2018 | Total Group Life | 0.00% | $376,804 | $0 | $194,176 | $0 | N/A |
| 2018 | Group Term Life | 0.03% | $395,426 | $0 | $151,678 | $0 | N/A |
| 2018 | Group Credit Life | -0.09% | $-18,622 | $0 | $42,498 | $0 | N/A |
| 2017 | Total Accident & Health | 0.01% | $8,325,341 | $8,571,515 | $5,938,171 | $5,885,371 | 68.66 % |
| 2017 | Total Individual Accident & Health | 0.04% | $8,375,978 | $8,433,725 | $5,875,988 | $5,898,774 | 69.94 % |
| 2017 | Individual Medicare Supplement | 0.37% | $8,375,285 | $8,433,030 | $5,875,988 | $5,898,774 | 69.95 % |
| 2017 | Individual Disability Income | 0.00% | $693 | $695 | $0 | $0 | 0.00 % |
| 2017 | Total Group Accident & Health | 0.00% | $-50,637 | $137,790 | $62,183 | $-13,403 | -9.73 % |
| 2017 | Group Short Term Credit Disability | -0.29% | $-50,637 | $137,790 | $62,183 | $-13,403 | -9.73 % |
| 2017 | Total Life | 0.00% | $465,307 | $0 | $651,836 | $0 | N/A |
| 2017 | Total Individual Life | 0.00% | $156,570 | $0 | $337,664 | $0 | N/A |
| 2017 | Individual Whole Life | 0.00% | $0 | $0 | $13,077 | $0 | N/A |
| 2017 | Individual Term Life | 0.02% | $155,546 | $0 | $310,133 | $0 | N/A |
| 2017 | Individual Universal Life | 0.00% | $1,024 | $0 | $0 | $0 | N/A |
| 2017 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $14,454 | $0 | N/A |
| 2017 | Total Group Life | 0.00% | $308,737 | $0 | $314,172 | $0 | N/A |
| 2017 | Group Term Life | 0.03% | $369,162 | $0 | $205,642 | $0 | N/A |
| 2017 | Group Credit Life | -0.28% | $-60,425 | $0 | $108,530 | $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 |
|---|---|---|---|---|
| 2019 | Health | 0.09% | 2 | 58 |
| 2019 | Life and Annuities | 0.01% | 0 | 0 |
| 2019 | Medicare Supplement Insurance | 1.05% | 2 | 136 |
| 2018 | Medicare Supplement Insurance | 0.97% | 3 | 214 |
| 2018 | Health | 0.09% | 3 | 85 |
| 2018 | Life and Annuities | 0.01% | 0 | 0 |
| 2017 | Health | 0.07% | 2 | 66 |
| 2017 | Life and Annuities | 0.01% | 0 | 0 |
| 2017 | Medicare Supplement Insurance | 0.75% | 2 | 175 |
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