Company Details

  TRANSGUARD INSURANCE COMPANY OF AMERICA INC License Status :
Active

NAIC Number :

28886


Phone Number:

6308643500


Company Address:

4200 Six Forks Rd, Suite 1400 
Raleigh, NC  27609

Description:

Property and Casualty


License Number:

B421635


Date Admitted:

1993-11-30


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 Property & Casualty 0.02% $2,697,368 $3,010,247 $437,691 $716,025 23.79 %
2023 Total Fire & Allied Lines 0.02% $128,603 $204,780 $0 $-52,716 -25.74 %
2023 Commercial Fire & Allied Lines 0.04% $128,603 $204,780 $0 $-52,716 -25.74 %
2023 Commercial Multi-Peril 0.02% $244,603 $164,814 $0 $61,544 37.34 %
2023 Inland Marine (Incl Auto Cargo) 0.19% $1,054,930 $906,777 $176,342 $61,652 6.80 %
2023 Earthquake 0.00% $2,213 $1,842 $0 $425 23.07 %
2023 Direct Workers Compensation 0.02% $205,075 $388,354 $54,314 $171,526 44.17 %
2023 Other Liability - Bodily Injury & Property Damage 0.02% $144,832 $206,503 $0 $89,801 43.49 %
2023 Total Commercial Automobile 0.09% $909,036 $1,129,147 $207,035 $386,106 34.19 %
2023 Commercial Auto Liability Bodily Injury 0.13% $676,181 $840,215 $76,630 $254,525 30.29 %
2023 Commercial Auto Medical Payments 0.11% $8,005 $16,194 $0 $4,906 30.30 %
2023 Commercial Auto Uninsured Motorists 0.01% $4,740 $6,947 $0 $2,104 30.29 %
2023 Commercial Auto Comprehensive 0.06% $66,047 $72,103 $19,561 $33,793 46.87 %
2023 Commercial Auto Collision 0.08% $154,063 $193,688 $110,844 $90,778 46.87 %
2023 Burglary & Theft 0.06% $4,576 $4,492 $0 $-2,988 -66.52 %
2023 Boiler & Machinery 0.01% $3,500 $3,538 $0 $675 19.08 %
2022 Total Property & Casualty 0.02% $2,854,203 $2,520,811 $703,962 $1,392,306 55.23 %
2022 Total Fire & Allied Lines 0.06% $302,872 $299,065 $0 $84,174 28.15 %
2022 Dwelling Fire & Allied Lines 0.20% $302,872 $299,065 $0 $84,174 28.15 %
2022 Inland Marine (Incl Auto Cargo) 0.16% $860,643 $824,321 $484,902 $616,126 74.74 %
2022 Earthquake 0.00% $10 $8 $0 $0 0.00 %
2022 Direct Workers Compensation 0.04% $436,216 $400,233 $116,738 $484,804 N/A
2022 Other Liability - Bodily Injury & Property Damage 0.03% $214,329 $154,876 $-1,000 $53,864 34.78 %
2022 Total Commercial Automobile 0.11% $1,035,430 $837,614 $103,322 $152,012 18.15 %
2022 Commercial Auto Liability Bodily Injury 0.16% $768,180 $624,507 $72,673 $146,602 23.47 %
2022 Commercial Auto Medical Payments 0.27% $19,155 $10,751 $0 $2,524 23.48 %
2022 Commercial Auto Uninsured Motorists 0.02% $7,424 $4,420 $0 $1,038 23.48 %
2022 Commercial Auto Comprehensive 0.05% $62,226 $60,007 $3,000 $560 0.93 %
2022 Commercial Auto Collision 0.10% $178,445 $137,929 $27,649 $1,288 0.93 %
2022 Burglary & Theft 0.05% $3,907 $4,519 $0 $1,413 31.27 %
2022 Boiler & Machinery 0.00% $796 $175 $0 $-87 -49.71 %
2021 Total Property & Casualty 0.02% $2,038,081 $1,695,517 $373,372 $459,005 27.07 %
2021 Total Fire & Allied Lines 0.04% $284,623 $243,458 $0 $49,710 20.42 %
2021 Dwelling Fire & Allied Lines 0.20% $284,623 $243,458 $0 $49,710 20.42 %
2021 Inland Marine (Incl Auto Cargo) 0.14% $654,170 $642,850 $215,509 $291,974 45.42 %
2021 Direct Workers Compensation 0.03% $284,093 $190,075 $56,869 $-156,992 -82.59 %
2021 Other Liability - Bodily Injury & Property Damage 0.02% $127,026 $99,916 $6,331 $55,227 55.27 %
2021 Total Commercial Automobile 0.08% $683,056 $514,570 $94,663 $219,275 42.61 %
2021 Commercial Auto Liability Bodily Injury 0.00% $2,119 $1,974 $0 $713 36.12 %
2021 Commercial Auto Liability Property Damage 0.38% $499,805 $368,509 $56,061 $133,080 36.11 %
2021 Commercial Auto Medical Payments 0.11% $7,285 $7,217 $0 $2,606 36.11 %
2021 Commercial Auto Uninsured Motorists 0.01% $2,800 $2,599 $0 $939 36.13 %
2021 Commercial Auto Comprehensive 0.05% $53,233 $38,437 $16,876 $23,456 61.02 %
2021 Commercial Auto Collision 0.07% $117,814 $95,834 $21,726 $58,481 61.02 %
2021 Burglary & Theft 0.08% $5,120 $4,219 $0 $-290 -6.87 %
2021 Boiler & Machinery 0.00% $-7 $429 $0 $101 23.54 %

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
2023 Homeowners 0.01% 0 0
2022 Homeowners 0.01% 0 0
2021 Homeowners 0.00% 0 0


Company Changes


Market Conduct

Date: 01/11/2017

TICA117.pdf


Financial Exams

This company does not have any financial exams.