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Company Details
AMERICAN ECONOMY INSURANCE COMPANY License Status :
Active
NAIC Number :
19690
Phone Number:
617-357-9500
Company Address:
175 BERKELEY STREET
BOSTON, MA 02116
Description:
Property and Casualty
License Number:
B419919
Date Admitted:
1961-12-07
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 Property & Casualty | 0.00% | $1,287,952 | $1,423,539 | $789,047 | $82,956 | 5.83 % |
| 2018 | Total Fire & Allied Lines | 0.00% | $119 | $116 | $0 | $0 | 0.00 % |
| 2018 | Commercial Fire & Allied Lines | 0.00% | $119 | $116 | $0 | $0 | 0.00 % |
| 2018 | Farmowners Multi-Peril | 0.13% | $1,173,319 | $1,249,090 | $124,286 | $157,072 | 12.57 % |
| 2018 | Commercial Multi-Peril | 0.00% | $19,693 | $57,558 | $533,574 | $-226,048 | -392.73 % |
| 2018 | Inland Marine (Incl Auto Cargo) | 0.00% | $0 | $816 | $0 | $0 | 0.00 % |
| 2018 | Earthquake | 0.00% | $11,315 | $12,019 | $0 | $0 | 0.00 % |
| 2018 | Direct Workers Compensation | 0.00% | $12,474 | $29,572 | $128,318 | $41,756 | N/A |
| 2018 | Other Liability - Bodily Injury & Property Damage | 0.00% | $0 | $0 | $0 | $-408 | N/A |
| 2018 | Total Commercial Automobile | 0.00% | $53,020 | $56,701 | $2,869 | $69,087 | N/A |
| 2018 | Commercial Auto Liability Bodily Injury | 0.00% | $28,025 | $34,194 | $0 | $0 | 0.00 % |
| 2018 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $639 | $43,044 | N/A |
| 2018 | Commercial Auto Medical Payments | 0.00% | $1,302 | $1,466 | $362 | $24,367 | N/A |
| 2018 | Commercial Auto Uninsured Motorists | 0.00% | $2,588 | $3,988 | $0 | $0 | 0.00 % |
| 2018 | Commercial Auto Collision | 0.00% | $21,105 | $17,053 | $1,868 | $1,676 | 9.83 % |
| 2018 | Umbrella | 0.01% | $18,012 | $17,667 | $0 | $41,497 | N/A |
| 2017 | Total Property & Casualty | 0.01% | $1,544,889 | $2,102,232 | $1,397,715 | $764,215 | 36.35 % |
| 2017 | Total Fire & Allied Lines | 0.00% | $0 | $685 | $0 | $0 | 0.00 % |
| 2017 | Commercial Fire & Allied Lines | 0.00% | $0 | $685 | $0 | $0 | 0.00 % |
| 2017 | Farmowners Multi-Peril | 0.26% | $1,229,141 | $1,206,422 | $959,020 | $909,695 | 75.40 % |
| 2017 | Commercial Multi-Peril | 0.01% | $148,574 | $558,106 | $149,997 | $129,733 | 23.25 % |
| 2017 | Inland Marine (Incl Auto Cargo) | 0.00% | $2,348 | $4,528 | $0 | $-152 | -3.36 % |
| 2017 | Earthquake | 0.01% | $17,823 | $34,997 | $0 | $0 | 0.00 % |
| 2017 | Direct Workers Compensation | 0.00% | $80,325 | $175,877 | $67,450 | $-335,135 | -190.55 % |
| 2017 | Other Liability - Bodily Injury & Property Damage | 0.00% | $0 | $1,785 | $0 | $-264 | -14.79 % |
| 2017 | Products Liability | 0.00% | $0 | $289 | $0 | $0 | 0.00 % |
| 2017 | Total Commercial Automobile | 0.00% | $53,047 | $107,363 | $221,248 | $128,856 | N/A |
| 2017 | Commercial Auto Liability Bodily Injury | 0.00% | $32,156 | $69,949 | $187,046 | $94,830 | N/A |
| 2017 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $1,153 | $585 | N/A |
| 2017 | Commercial Auto Medical Payments | 0.01% | $1,212 | $2,625 | $0 | $0 | 0.00 % |
| 2017 | Commercial Auto Uninsured Motorists | 0.01% | $4,117 | $7,684 | $0 | $0 | 0.00 % |
| 2017 | Commercial Auto Collision | 0.01% | $15,562 | $27,105 | $33,049 | $33,441 | N/A |
| 2017 | Boiler & Machinery | 0.00% | $0 | $28 | $0 | $0 | 0.00 % |
| 2017 | Umbrella | 0.01% | $13,631 | $12,152 | $0 | $-68,518 | -563.84 % |
| 2016 | Total Property & Casualty | 0.01% | $2,784,260 | $3,282,546 | $2,620,653 | $1,746,610 | 53.21 % |
| 2016 | Total Fire & Allied Lines | 0.00% | $1,373 | $1,300 | $0 | $0 | 0.00 % |
| 2016 | Dwelling Fire & Allied Lines | 0.00% | $1,373 | $1,300 | $0 | $0 | 0.00 % |
| 2016 | Farmowners Multi-Peril | 0.30% | $1,243,131 | $1,333,559 | $624,394 | $558,806 | 41.90 % |
| 2016 | Commercial Multi-Peril | 0.05% | $973,473 | $1,239,790 | $589,352 | $351,718 | 28.37 % |
| 2016 | Inland Marine (Incl Auto Cargo) | 0.00% | $8,411 | $10,500 | $1,527 | $1,553 | 14.79 % |
| 2016 | Earthquake | 0.03% | $57,164 | $70,162 | $0 | $0 | 0.00 % |
| 2016 | Direct Workers Compensation | 0.01% | $278,486 | $367,889 | $380,855 | $295,047 | 80.20 % |
| 2016 | Other Liability - Bodily Injury & Property Damage | 0.00% | $15,621 | $15,955 | $0 | $24,964 | N/A |
| 2016 | Products Liability | 0.00% | $427 | $417 | $0 | $0 | 0.00 % |
| 2016 | Total Commercial Automobile | 0.02% | $206,115 | $241,860 | $1,024,525 | $514,522 | N/A |
| 2016 | Commercial Auto Liability Bodily Injury | 0.02% | $139,575 | $163,492 | $977,743 | $479,975 | N/A |
| 2016 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $24,399 | $11,978 | N/A |
| 2016 | Commercial Auto Medical Payments | 0.04% | $5,733 | $6,220 | $0 | $0 | 0.00 % |
| 2016 | Commercial Auto Uninsured Motorists | 0.04% | $14,872 | $16,880 | $0 | $0 | 0.00 % |
| 2016 | Commercial Auto Comprehensive | 0.01% | $15,728 | $19,252 | $5,524 | $5,570 | 28.93 % |
| 2016 | Commercial Auto Collision | 0.01% | $30,207 | $36,016 | $16,859 | $16,999 | 47.20 % |
| 2016 | Fidelity | 0.00% | $0 | $1,062 | $0 | $0 | 0.00 % |
| 2016 | Boiler & Machinery | 0.00% | $59 | $52 | $0 | $0 | 0.00 % |
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 |
|---|---|---|---|---|
| 2018 | Homeowners | 0.05% | 0 | 0 |
| 2017 | Homeowners | 0.06% | 0 | 0 |
| 2016 | Homeowners | 0.06% | 0 | 0 |
Company Changes
Effective Date: 09/17/2007
Comments:
Market Conduct
Date: 09/17/2007
Date: 09/17/2007
Financial Exams
This company does not have any financial exams.