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 Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2019 Total Property & Casualty 0.02% $6,283,460 $1,885,224 $1,066,228 $1,138,392 60.38 %
2019 Total Fire & Allied Lines 0.00% $119 $119 $0 $0 0.00 %
2019 Commercial Fire & Allied Lines 0.00% $119 $119 $0 $0 0.00 %
2019 Farmowners Multi-Peril 0.20% $1,067,479 $1,179,116 $378,589 $561,648 47.63 %
2019 Total Homeowners 0.10% $4,879,879 $580,675 $219,587 $526,067 90.60 %
2019 Homeowners Multi-Peril 0.11% $4,879,879 $580,675 $219,587 $526,067 90.60 %
2019 Commercial Multi-Peril 0.00% $5,202 $14,942 $52,391 $-81,140 -543.03 %
2019 Inland Marine (Incl Auto Cargo) 0.00% $56,702 $6,997 $15,000 $16,047 N/A
2019 Earthquake 0.10% $228,477 $37,401 $0 $3,944 10.55 %
2019 Direct Workers Compensation 0.00% $-1,897 $12,457 $393,739 $83,928 N/A
2019 Other Liability - Bodily Injury & Property Damage 0.00% $14,517 $1,709 $0 $193 11.29 %
2019 Total Commercial Automobile 0.00% $13,078 $30,322 $6,922 $8,479 27.96 %
2019 Commercial Auto Liability Bodily Injury 0.00% $8,189 $15,419 $6,922 $8,703 56.44 %
2019 Commercial Auto Medical Payments 0.00% $740 $900 $0 $0 0.00 %
2019 Commercial Auto Uninsured Motorists 0.00% $1,087 $1,572 $0 $0 0.00 %
2019 Commercial Auto Comprehensive 0.00% $0 $0 $0 $399 N/A
2019 Commercial Auto Collision 0.00% $3,062 $12,431 $0 $-623 -5.01 %
2019 Umbrella 0.01% $19,904 $21,486 $0 $19,226 89.48 %
2018 Total Property & Casualty 0.01% $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 0.23% $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 0.01% $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 0.01% $1,302 $1,466 $362 $24,367 N/A
2018 Commercial Auto Uninsured Motorists 0.01% $2,588 $3,988 $0 $0 0.00 %
2018 Commercial Auto Collision 0.01% $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 0.23% $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 %

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
2019 Homeowners 0.11% 0 0
2018 Homeowners 0.05% 0 0
2017 Homeowners 0.06% 0 0


Company Changes


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.