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Company Details
ABILITY INSURANCE COMPANY License Status :
Active
NAIC Number :
71471
Phone Number:
9782613070
Company Address:
5601 South 59th Street
Lincoln, NE 68516
Description:
Life and Health
License Number:
A421571
Date Admitted:
1970-04-21
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 | 0.01% | $1,792,418 | $1,792,418 | $-75,729 | $-75,729 | -4.22 % |
| 2023 | Total Individual Accident & Health | 0.03% | $1,792,418 | $1,792,418 | $-75,729 | $-75,729 | -4.22 % |
| 2023 | Individual Long Term Care | 0.91% | $1,792,418 | $1,792,418 | $-75,729 | $-75,729 | -4.22 % |
| 2023 | Total Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2023 | Individual Whole Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2022 | Total Accident & Health | 0.02% | $1,854,865 | $1,819,143 | $2,734,498 | $2,723,329 | N/A |
| 2022 | Total Individual Accident & Health | 0.04% | $1,854,865 | $1,819,143 | $2,734,498 | $2,723,329 | N/A |
| 2022 | Individual Long Term Care | 0.93% | $1,854,865 | $1,819,143 | $2,734,498 | $2,723,329 | N/A |
| 2022 | Total Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $126 | $0 | $0 | $0 | N/A |
| 2021 | Total Accident & Health | 0.01% | $1,750,023 | $1,833,383 | $3,178,394 | $1,874,825 | N/A |
| 2021 | Total Individual Accident & Health | 0.04% | $1,750,023 | $1,833,383 | $3,178,394 | $1,874,825 | N/A |
| 2021 | Individual Long Term Care | 0.84% | $1,750,023 | $1,833,383 | $3,178,394 | $1,874,825 | N/A |
| 2021 | Total Life | 0.00% | $162 | $0 | $2,141 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $162 | $0 | $2,141 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $162 | $0 | $2,141 | $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 | 0.02% | 3 | 827 |
| 2023 | Life and Annuities | 0.00% | 0 | 0 |
| 2023 | Long-Term Care Insurance | 0.74% | 3 | 248 |
| 2022 | Health | 0.02% | 2 | 412 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
| 2022 | Long-Term Care Insurance | 0.77% | 2 | 171 |
| 2021 | Health | 0.02% | 1 | 171 |
| 2021 | Life and Annuities | 0.00% | 0 | 0 |
| 2021 | Long-Term Care Insurance | 0.81% | 1 | 73 |
Company Changes
Effective Date: 08/27/2009
Comments: Medico Life Insurance Company changed its name to Ability Insurance Company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.