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.

Link to Enforcements Page


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

safeco_order.pdf

Date: 09/17/2007

safeco_stipulation.pdf


Financial Exams

This company does not have any financial exams.