Company search
Company Details
MOTORS INSURANCE CORPORATION License Status :
Active
NAIC Number :
22012
Phone Number:
3136565437
Company Address:
500 WOODWARD AVE, 14TH FLOOR
DETROIT, MI 48226
Description:
Property and Casualty
License Number:
B424239
Date Admitted:
1940-05-14
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 | 0.10% | $16,280,928 | $15,900,701 | $8,757,854 | $8,936,080 | 56.20 % |
| 2023 | Total Homeowners | 0.03% | $945,664 | $565,437 | $251,075 | $404,287 | 71.50 % |
| 2023 | Homeowners Multi-Peril | 0.03% | $945,664 | $565,437 | $251,075 | $404,287 | 71.50 % |
| 2023 | Total Commercial Automobile | 1.49% | $15,335,264 | $15,335,264 | $8,506,779 | $8,531,793 | 55.64 % |
| 2023 | Commercial Auto Collision | 7.62% | $15,335,264 | $15,335,264 | $8,506,779 | $8,531,793 | 55.64 % |
| 2022 | Total Property & Casualty | 0.07% | $10,383,518 | $10,319,802 | $1,074,083 | $1,137,202 | 11.02 % |
| 2022 | Total Homeowners | 0.00% | $73,574 | $9,858 | $3,785 | $3,785 | 38.40 % |
| 2022 | Homeowners Multi-Peril | 0.00% | $73,574 | $9,858 | $3,785 | $3,785 | 38.40 % |
| 2022 | Total Commercial Automobile | 1.05% | $10,309,944 | $10,309,944 | $1,070,298 | $1,133,417 | 10.99 % |
| 2022 | Commercial Auto Comprehensive | 7.85% | $9,742,929 | $9,742,929 | $957,740 | $1,010,635 | 10.37 % |
| 2022 | Commercial Auto Collision | 0.31% | $567,015 | $567,015 | $112,558 | $122,782 | 21.65 % |
| 2021 | Total Property & Casualty | 0.07% | $9,490,675 | $9,490,675 | $2,203,205 | $2,015,302 | 21.23 % |
| 2021 | Total Commercial Automobile | 1.05% | $9,490,675 | $9,490,675 | $2,203,205 | $2,015,302 | 21.23 % |
| 2021 | Commercial Auto Comprehensive | 8.81% | $8,974,718 | $8,974,718 | $2,098,149 | $1,920,624 | 21.40 % |
| 2021 | Commercial Auto Collision | 0.30% | $515,957 | $515,957 | $105,056 | $94,678 | 18.35 % |
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 | Homeowners | 0.01% | 0 | 0 |
| 2022 | Homeowners | 0.00% | 0 | 0 |
Company Changes
Effective Date: 03/22/2002
Comments: National Alliance Insurance Company by Motors Insurance Corporation
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.