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Company Details
MADISON MUTUAL INSURANCE COMPANY License Status :
Active
NAIC Number :
14443
Phone Number:
6186563410
Company Address:
222 East Park Street, Suite 200
Edwardsville, IL 62025
Description:
Property and Casualty
License Number:
B422504
Date Admitted:
1985-04-10
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 | 0.07% | $11,447,461 | $8,422,828 | $6,454,113 | $7,318,441 | 86.89 % |
| 2023 | Total Fire & Allied Lines | 0.01% | $43,851 | $31,748 | $1,003 | $-340 | -1.07 % |
| 2023 | Dwelling Fire & Allied Lines | 0.02% | $43,851 | $31,748 | $1,003 | $-340 | -1.07 % |
| 2023 | Farmowners Multi-Peril | 0.17% | $418,821 | $382,337 | $333,650 | $374,390 | 97.92 % |
| 2023 | Total Homeowners | 0.18% | $5,495,492 | $4,084,884 | $3,447,555 | $3,966,737 | 97.11 % |
| 2023 | Homeowners Multi-Peril | 0.19% | $5,495,492 | $4,084,884 | $3,447,555 | $3,966,737 | 97.11 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.01% | $49,158 | $38,004 | $0 | $0 | 0.00 % |
| 2023 | Total Private Passenger Automobile | 0.10% | $5,440,139 | $3,885,855 | $2,671,905 | $2,977,654 | 76.63 % |
| 2023 | Private Passenger Auto Liability Bodily Injury | 0.09% | $1,240,900 | $896,145 | $343,798 | $383,053 | 42.74 % |
| 2023 | Private Passenger Auto Liability Property Damage | 0.13% | $1,288,992 | $930,875 | $549,545 | $612,293 | 65.78 % |
| 2023 | Private Passenger Auto Medical Payments | 0.15% | $128,377 | $92,710 | $83,433 | $92,959 | N/A |
| 2023 | Private Passenger Uninsured Motorists | 0.10% | $288,326 | $208,221 | $172,028 | $191,670 | 92.05 % |
| 2023 | Private Passenger Underinsured Motorists | 0.09% | $101,475 | $73,282 | $37,196 | $41,443 | 56.55 % |
| 2023 | Private Passenger Auto Comprehensive | 0.09% | $998,290 | $703,049 | $620,118 | $691,203 | 98.32 % |
| 2023 | Private Passenger Auto Collision | 0.09% | $1,393,779 | $981,573 | $865,787 | $965,033 | 98.31 % |
| 2022 | Total Property & Casualty | 0.04% | $5,963,117 | $5,349,457 | $2,526,885 | $2,688,026 | 50.25 % |
| 2022 | Total Fire & Allied Lines | 0.01% | $25,971 | $23,093 | $8,657 | $10,000 | 43.30 % |
| 2022 | Dwelling Fire & Allied Lines | 0.02% | $25,971 | $23,093 | $8,657 | $10,000 | 43.30 % |
| 2022 | Farmowners Multi-Peril | 0.16% | $368,518 | $361,570 | $241,632 | $58,214 | 16.10 % |
| 2022 | Total Homeowners | 0.11% | $2,884,974 | $2,565,944 | $826,730 | $736,747 | 28.71 % |
| 2022 | Homeowners Multi-Peril | 0.11% | $2,884,974 | $2,565,944 | $826,730 | $736,747 | 28.71 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.00% | $28,673 | $26,462 | $0 | $0 | 0.00 % |
| 2022 | Total Private Passenger Automobile | 0.06% | $2,654,981 | $2,372,388 | $1,449,866 | $1,883,065 | 79.37 % |
| 2022 | Private Passenger Auto Liability Bodily Injury | 0.05% | $612,103 | $552,387 | $370,151 | $550,931 | 99.74 % |
| 2022 | Private Passenger Auto Liability Property Damage | 0.07% | $629,804 | $568,361 | $224,739 | $334,501 | 58.85 % |
| 2022 | Private Passenger Auto Medical Payments | 0.09% | $77,609 | $70,037 | $6,795 | $10,114 | 14.44 % |
| 2022 | Private Passenger Uninsured Motorists | 0.06% | $149,680 | $135,077 | $10,407 | $15,489 | 11.47 % |
| 2022 | Private Passenger Underinsured Motorists | 0.06% | $52,780 | $47,630 | $30,370 | $45,203 | 94.90 % |
| 2022 | Private Passenger Auto Comprehensive | 0.06% | $515,513 | $454,494 | $367,366 | $421,703 | 92.79 % |
| 2022 | Private Passenger Auto Collision | 0.05% | $617,492 | $544,402 | $440,038 | $505,124 | 92.79 % |
| 2021 | Total Property & Casualty | 0.04% | $5,023,451 | $5,017,239 | $2,289,707 | $2,210,902 | 44.07 % |
| 2021 | Total Fire & Allied Lines | 0.00% | $18,741 | $17,658 | $2,324 | $2,324 | 13.16 % |
| 2021 | Dwelling Fire & Allied Lines | 0.01% | $18,741 | $17,658 | $2,324 | $2,324 | 13.16 % |
| 2021 | Farmowners Multi-Peril | 0.17% | $351,408 | $339,094 | $50,377 | $233,249 | 68.79 % |
| 2021 | Total Homeowners | 0.10% | $2,362,728 | $2,307,174 | $675,261 | $775,548 | 33.61 % |
| 2021 | Homeowners Multi-Peril | 0.10% | $2,362,728 | $2,307,174 | $675,261 | $775,548 | 33.61 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.00% | $24,698 | $25,893 | $0 | $0 | 0.00 % |
| 2021 | Total Private Passenger Automobile | 0.05% | $2,265,876 | $2,327,420 | $1,561,745 | $1,199,781 | 51.55 % |
| 2021 | Private Passenger Auto Liability Bodily Injury | 0.04% | $521,678 | $532,032 | $681,029 | $379,126 | 71.26 % |
| 2021 | Private Passenger Auto Liability Property Damage | 0.07% | $567,954 | $562,607 | $305,817 | $276,627 | 49.17 % |
| 2021 | Private Passenger Auto Medical Payments | 0.08% | $73,525 | $78,261 | $26,927 | $17,993 | 22.99 % |
| 2021 | Private Passenger Uninsured Motorists | 0.06% | $128,840 | $125,167 | $0 | $0 | 0.00 % |
| 2021 | Private Passenger Underinsured Motorists | 0.06% | $45,210 | $55,568 | $10,000 | $5,000 | 9.00 % |
| 2021 | Private Passenger Auto Comprehensive | 0.04% | $368,326 | $401,579 | $233,957 | $205,812 | 51.25 % |
| 2021 | Private Passenger Auto Collision | 0.05% | $560,343 | $572,206 | $304,015 | $315,223 | 55.09 % |
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 |
|---|---|---|---|---|
| 2023 | Private Passenger Auto | 0.07% | 0 | 0 |
| 2023 | Homeowners | 0.13% | 1 | 63 |
| 2022 | Private Passenger Auto | 0.06% | 0 | 0 |
| 2022 | Homeowners | 0.10% | 1 | 104 |
| 2021 | Private Passenger Auto | 0.06% | 0 | 0 |
| 2021 | Homeowners | 0.10% | 3 | 340 |
Company Changes
No recent changes
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.