Company Details

  MGA INSURANCE COMPANY INC License Status :
Active

NAIC Number :

40150


Phone Number:

9726294301


Company Address:

Post Office Box 199023 
Dallas, TX  75219-9023

Description:

Property and Casualty


License Number:

B423348


Date Admitted:

1988-06-06


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
2022 Total Property & Casualty 0.02% $5,930,314 $4,942,256 $2,647,335 $4,289,186 86.79 %
2022 Total Private Passenger Automobile 0.05% $5,930,314 $4,942,256 $2,647,335 $4,289,186 86.79 %
2022 Private Passenger Auto Liability Bodily Injury 0.07% $2,023,466 $1,691,441 $567,236 $1,451,238 85.80 %
2022 Private Passenger Auto Liability Property Damage 0.10% $1,950,963 $1,626,576 $1,129,470 $1,545,768 95.03 %
2022 Private Passenger Auto Medical Payments 0.01% $32,075 $28,276 $18,342 $-65,058 -230.08 %
2022 Private Passenger Uninsured Motorists 0.07% $451,698 $376,177 $133,182 $402,382 N/A
2022 Private Passenger Underinsured Motorists 0.01% $27,071 $19,652 $0 $0 0.00 %
2022 Private Passenger Auto Comprehensive 0.02% $421,588 $350,385 $180,352 $247,365 70.60 %
2022 Private Passenger Auto Collision 0.03% $1,023,453 $849,749 $618,753 $707,491 83.26 %
2021 Total Property & Casualty 0.01% $1,780,702 $745,461 $172,693 $625,521 83.91 %
2021 Total Private Passenger Automobile 0.02% $1,780,702 $745,461 $172,693 $625,521 83.91 %
2021 Private Passenger Auto Liability Bodily Injury 0.02% $610,636 $254,875 $104,000 $228,000 89.46 %
2021 Private Passenger Auto Liability Property Damage 0.03% $584,217 $246,725 $33,893 $92,233 37.38 %
2021 Private Passenger Auto Medical Payments 0.01% $11,621 $4,559 $0 $90,500 N/A
2021 Private Passenger Uninsured Motorists 0.02% $136,844 $57,260 $12,000 $24,000 41.91 %
2021 Private Passenger Underinsured Motorists 0.00% $5,194 $2,242 $0 $0 0.00 %
2021 Private Passenger Auto Comprehensive 0.01% $125,384 $52,362 $4,800 $46,648 89.09 %
2021 Private Passenger Auto Collision 0.01% $306,806 $127,438 $18,000 $144,140 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
2022 Private Passenger Auto 0.05% 1 115
2021 Private Passenger Auto 0.01% 0 0


Company Changes

No recent changes


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.