Company Details

  AMCO INSURANCE COMPANY License Status :
Active

NAIC Number :

19100


Phone Number:

515-280-4211


Company Address:

ONE NATIONWIDE BLVD. FRAP SOLUTIONS
COLUMBUS, OH  43215

Description:

Property and Casualty


License Number:

B419917


Date Admitted:

1980-05-29


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
2020 Total Property & Casualty 0.27% $78,512,092 $82,445,369 $52,711,642 $55,568,022 67.40 %
2020 Total Fire & Allied Lines 0.07% $927,041 $957,621 $909,188 $1,000,109 N/A
2020 Dwelling Fire & Allied Lines 0.00% $0 $935 $0 $40 4.28 %
2020 Commercial Fire & Allied Lines 0.19% $927,041 $956,686 $909,188 $1,000,069 N/A
2020 Total Homeowners 0.11% $6,618,343 $7,844,432 $5,003,163 $4,540,650 57.88 %
2020 Homeowners Multi-Peril 0.12% $6,618,343 $7,844,432 $5,003,163 $4,540,650 57.88 %
2020 Commercial Multi-Peril 0.59% $12,865,006 $11,642,276 $10,275,190 $12,252,525 N/A
2020 Inland Marine (Incl Auto Cargo) 0.08% $953,965 $893,674 $387,283 $316,800 35.45 %
2020 Total Medical Malpractice 0.00% $0 $0 $0 $20 N/A
2020 Medical Malpractice - Other 0.00% $0 $0 $0 $20 N/A
2020 Earthquake 0.19% $563,704 $559,891 $0 $9,206 1.64 %
2020 Direct Workers Compensation 0.08% $2,317,951 $2,285,291 $1,075,033 $-960,518 -42.03 %
2020 Other Liability - Bodily Injury & Property Damage 0.32% $6,187,996 $6,002,649 $425,439 $3,383,234 56.36 %
2020 Products Liability 0.36% $334,287 $351,722 $0 $35,650 10.14 %
2020 Total Private Passenger Automobile 0.52% $42,567,047 $47,003,884 $30,855,280 $31,137,317 66.24 %
2020 Private Passenger Auto Liability Bodily Injury 0.46% $10,560,901 $13,864,445 $12,139,995 $11,914,084 85.93 %
2020 Private Passenger Auto Liability Property Damage 0.55% $8,017,879 $9,005,535 $5,046,929 $4,603,666 51.12 %
2020 Private Passenger Auto Medical Payments 0.63% $1,110,182 $1,237,673 $731,884 $676,043 54.62 %
2020 Private Passenger Uninsured Motorists 0.40% $1,808,715 $1,083,800 $72,238 $1,143,337 N/A
2020 Private Passenger Underinsured Motorists 1.29% $1,754,578 $1,032,739 $85,000 $771,675 74.72 %
2020 Private Passenger Auto Comprehensive 0.50% $7,874,819 $8,428,614 $5,744,156 $5,476,729 64.98 %
2020 Private Passenger Auto Collision 0.53% $11,439,973 $12,351,078 $7,035,078 $6,551,783 53.05 %
2020 Total Commercial Automobile 0.25% $4,738,094 $4,492,880 $3,757,930 $3,832,864 85.31 %
2020 Commercial Auto Liability Bodily Injury 0.34% $3,380,297 $3,221,213 $2,644,810 $2,748,058 85.31 %
2020 Commercial Auto Liability Property Damage 0.03% $94,850 $85,565 $499,562 $476,905 N/A
2020 Commercial Auto Medical Payments 0.25% $54,373 $78,977 $1,284 $-6,412 -8.12 %
2020 Commercial Auto Comprehensive 0.18% $380,728 $349,692 $257,969 $252,406 72.18 %
2020 Commercial Auto Collision 0.24% $827,846 $757,433 $354,305 $361,907 47.78 %
2020 Fidelity 0.00% $414 $7,308 $0 $342 4.68 %
2020 Surety 0.00% $0 $3,387 $0 $1,353 39.95 %
2020 Burglary & Theft 0.00% $0 $0 $0 $84 N/A
2020 Boiler & Machinery 0.50% $372,592 $339,440 $23,136 $18,428 5.43 %
2020 National Flood Insurance Program 0.00% $0 $0 $0 $-1,586 N/A
2020 Private Flood 0.56% $65,652 $60,914 $0 $1,544 2.53 %
2019 Total Property & Casualty 0.31% $91,252,528 $93,848,247 $60,578,582 $55,406,491 59.04 %
2019 Total Fire & Allied Lines 0.07% $862,670 $1,071,124 $1,120,211 $1,232,097 N/A
2019 Dwelling Fire & Allied Lines 0.00% $1,069 $673 $0 $27 4.01 %
2019 Commercial Fire & Allied Lines 0.22% $861,601 $1,070,451 $1,120,211 $1,232,069 N/A
2019 Farm Fire & Allied Lines 0.00% $0 $0 $0 $1 N/A
2019 Total Homeowners 0.16% $9,020,054 $9,520,793 $4,892,224 $4,622,492 48.55 %
2019 Homeowners Multi-Peril 0.17% $9,020,054 $9,520,793 $4,892,224 $4,622,492 48.55 %
2019 Commercial Multi-Peril 0.56% $11,591,615 $10,719,190 $6,623,880 $8,031,354 74.93 %
2019 Inland Marine (Incl Auto Cargo) 0.06% $770,778 $786,096 $196,898 $211,924 26.96 %
2019 Total Medical Malpractice 0.00% $0 $0 $0 $-12 N/A
2019 Medical Malpractice - Other 0.00% $0 $0 $0 $-12 N/A
2019 Earthquake 0.21% $566,243 $548,841 $0 $0 0.00 %
2019 Direct Workers Compensation 0.09% $2,646,482 $2,799,604 $1,952,181 $-640,407 -22.87 %
2019 Other Liability - Bodily Injury & Property Damage 0.31% $5,789,759 $5,681,147 $3,395,580 $2,933,497 51.64 %
2019 Products Liability 0.40% $373,241 $253,987 $0 $27,854 10.97 %
2019 Total Private Passenger Automobile 0.64% $54,774,044 $57,605,597 $39,251,479 $35,999,499 62.49 %
2019 Private Passenger Auto Liability Bodily Injury 0.81% $19,880,137 $21,281,866 $15,376,989 $12,189,731 57.28 %
2019 Private Passenger Auto Liability Property Damage 0.69% $10,484,155 $11,147,499 $7,313,660 $6,978,236 62.60 %
2019 Private Passenger Auto Medical Payments 0.77% $1,425,909 $1,518,761 $841,490 $854,795 56.28 %
2019 Private Passenger Underinsured Motorists 0.00% $0 $0 $0 $-40,000 N/A
2019 Private Passenger Auto Comprehensive 0.57% $9,274,365 $9,544,889 $6,089,294 $6,244,837 65.43 %
2019 Private Passenger Auto Collision 0.62% $13,709,478 $14,112,582 $9,630,046 $9,771,900 69.24 %
2019 Total Commercial Automobile 0.25% $4,479,251 $4,513,706 $3,128,999 $2,958,132 65.54 %
2019 Commercial Auto Liability Bodily Injury 0.35% $3,222,262 $3,294,214 $2,205,577 $2,075,080 62.99 %
2019 Commercial Auto Liability Property Damage 0.04% $93,803 $40,480 $469,046 $477,034 N/A
2019 Commercial Auto Medical Payments 0.37% $85,509 $86,354 $3,425 $0 0.00 %
2019 Commercial Auto Comprehensive 0.15% $344,989 $356,698 $102,486 $104,375 29.26 %
2019 Commercial Auto Collision 0.25% $732,688 $735,960 $348,465 $301,643 40.99 %
2019 Fidelity 0.01% $5,740 $20,999 $0 $-446 -2.12 %
2019 Surety -0.01% $-23,237 $-15,631 $0 $-2,737 17.51 %
2019 Burglary & Theft 0.00% $0 $0 $0 $114 N/A
2019 Boiler & Machinery 0.57% $336,320 $294,560 $17,130 $32,274 10.96 %
2019 National Flood Insurance Program 0.00% $0 $0 $0 $856 N/A
2019 Private Flood 0.67% $59,568 $48,234 $0 $0 0.00 %

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
2021 Private Passenger Auto 0.97% 14 90
2021 Homeowners 0.27% 1 41
2020 Private Passenger Auto 1.17% 20 101
2020 Homeowners 0.33% 1 38
2019 Private Passenger Auto 1.37% 25 99
2019 Homeowners 0.41% 2 58


Company Changes


Market Conduct

Date: 06/03/2016

AIC3.pdf

Date: 12/29/2016

AmcoInsCoOrder.pdf


Financial Exams

This company does not have any financial exams.