Company Details

  ABILITY INSURANCE COMPANY License Status :
Active

NAIC Number :

71471


Phone Number:

402-391-6900


Company Address:

ONE CITY CENTER 4TH FL 
PORTLAND , ME  04101

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 Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Accident & Health 0.00% $2,415,341 $2,381,418 $3,949,658 $4,436,438 N/A
2018 Total Individual Accident & Health 0.01% $2,415,341 $2,381,418 $3,949,658 $4,436,438 N/A
2018 Individual Long Term Care 0.27% $2,415,341 $2,381,418 $3,949,658 $4,436,438 N/A
2018 Total Life 0.00% $192 $0 $0 $0 N/A
2018 Total Individual Life 0.00% $192 $0 $0 $0 N/A
2018 Individual Whole Life 0.00% $192 $0 $0 $0 N/A
2018 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A
2017 Total Accident & Health 0.00% $2,425,784 $2,519,969 $3,915,374 $4,359,060 N/A
2017 Total Individual Accident & Health 0.01% $2,425,784 $2,519,969 $3,915,374 $4,359,060 N/A
2017 Individual Medicare Supplement 0.00% $0 $0 $125 $59 N/A
2017 Individual Long Term Care 0.54% $2,425,784 $2,519,969 $3,915,249 $4,359,001 N/A
2017 Total Life 0.00% $192 $0 $0 $0 N/A
2017 Total Individual Life 0.00% $192 $0 $0 $0 N/A
2017 Individual Whole Life 0.00% $192 $0 $0 $0 N/A
2017 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A
2016 Total Accident & Health 0.00% $2,762,392 $2,804,145 $4,166,374 $3,468,274 N/A
2016 Total Individual Accident & Health 0.01% $2,762,392 $2,804,145 $4,166,374 $3,468,274 N/A
2016 Individual Medicare Supplement 0.00% $2,243 $2,241 $17,067 $16,425 N/A
2016 Individual Long Term Care 0.60% $2,760,149 $2,801,904 $4,149,307 $3,451,849 N/A
2016 Total Life 0.00% $192 $0 $0 $0 N/A
2016 Total Individual Life 0.00% $192 $0 $0 $0 N/A
2016 Individual Whole Life 0.00% $192 $0 $0 $0 N/A
2016 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2018 Health 0.03% 2 175
2018 Life and Annuities 0.00% 0 0
2018 Long-Term Care Insurance 1.00% 2 96
2018 Medicare Supplement Insurance 0.00% 0 0
2017 Long-Term Care Insurance 1.05% 2 94
2017 Medicare Supplement Insurance 0.00% 0 0
2017 Health 0.03% 2 143
2017 Life and Annuities 0.00% 0 0
2016 Health 0.04% 1 60
2016 Life and Annuities 0.00% 0 0
2016 Long-Term Care Insurance 1.09% 1 44
2016 Medicare Supplement Insurance 0.00% 0 0


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.