Company Details

  SOMPO AMERICA INSURANCE COMPANY License Status :
Active

NAIC Number :

11126


Phone Number:

704-759-2200


Company Address:

11405 NORTH COMMUNITY HOUSE ROAD, STE 600 
CHARLOTTE, NY  28277

Description:

Property and Casualty


License Number:

B419964


Date Admitted:

1981-04-30


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 0.01% $3,348,115 $3,563,939 $521,371 $2,462,674 69.10 %
2018 Total Fire & Allied Lines 0.04% $818,650 $1,083,590 $145,010 $462,659 42.70 %
2018 Dwelling Fire & Allied Lines 0.12% $818,650 $1,083,590 $145,010 $462,659 42.70 %
2018 Commercial Multi-Peril 0.00% $121,418 $125,884 $0 $-26,204 -20.82 %
2018 Inland Marine (Incl Auto Cargo) 0.01% $170,928 $184,748 $0 $-122,645 -66.39 %
2018 Earthquake 0.00% $12,949 $12,488 $0 $212 1.70 %
2018 Direct Workers Compensation 0.02% $1,090,681 $1,028,522 $93,068 $1,528,809 N/A
2018 Other Liability - Bodily Injury & Property Damage 0.01% $314,925 $253,262 $26,106 $116,268 45.91 %
2018 Products Liability 0.14% $222,206 $255,997 $7,819 $111,960 43.73 %
2018 Total Commercial Automobile 0.02% $574,139 $596,592 $249,368 $383,699 64.32 %
2018 Commercial Auto Liability Bodily Injury 0.02% $265,036 $285,810 $141,857 $231,052 80.84 %
2018 Commercial Auto Liability Property Damage 0.03% $142,712 $153,898 $76,385 $124,412 80.84 %
2018 Commercial Auto Medical Payments 0.03% $9,121 $8,403 $2,976 $0 0.00 %
2018 Commercial Auto Uninsured Motorists 0.02% $18,289 $18,669 $0 $0 0.00 %
2018 Commercial Auto Comprehensive 0.02% $53,445 $49,731 $20,624 $24,697 49.66 %
2018 Commercial Auto Collision 0.02% $85,536 $80,081 $7,526 $3,538 4.42 %
2018 Burglary & Theft 0.00% $0 $0 $0 $41 N/A
2018 Boiler & Machinery 0.02% $22,219 $22,856 $0 $7,875 34.45 %
2017 Total Property & Casualty 0.02% $3,484,687 $3,212,680 $920,433 $892,568 27.78 %
2017 Total Fire & Allied Lines 0.12% $1,251,269 $1,229,888 $2,700 $-198,650 -16.15 %
2017 Commercial Fire & Allied Lines 0.47% $1,251,269 $1,229,888 $2,700 $-198,650 -16.15 %
2017 Commercial Multi-Peril 0.01% $120,923 $119,025 $0 $-186,314 -156.53 %
2017 Inland Marine (Incl Auto Cargo) 0.02% $203,041 $203,718 $0 $46,555 22.85 %
2017 Earthquake 0.01% $11,066 $13,294 $0 $-28 -0.21 %
2017 Direct Workers Compensation 0.04% $1,083,739 $935,108 $88,738 $570,711 61.03 %
2017 Other Liability - Bodily Injury & Property Damage 0.01% $142,730 $111,512 $7,470 $-126,906 -113.80 %
2017 Products Liability 0.28% $230,455 $186,414 $54,236 $99,243 53.24 %
2017 Total Commercial Automobile 0.03% $418,562 $390,388 $767,289 $699,043 N/A
2017 Commercial Auto Liability Bodily Injury 0.03% $226,562 $209,245 $478,661 $430,965 N/A
2017 Commercial Auto Liability Property Damage 0.05% $121,995 $112,671 $257,740 $232,058 N/A
2017 Commercial Auto Medical Payments 0.03% $5,345 $5,839 $0 $0 0.00 %
2017 Commercial Auto Uninsured Motorists 0.03% $14,814 $15,978 $0 $0 0.00 %
2017 Commercial Auto Comprehensive 0.01% $19,057 $17,466 $10,014 $0 0.00 %
2017 Commercial Auto Collision 0.01% $30,789 $29,189 $20,874 $36,020 N/A
2017 Burglary & Theft 0.00% $0 $25 $0 $-12 -48.00 %
2017 Boiler & Machinery 0.04% $22,902 $23,308 $0 $-11,074 -47.51 %
2016 Total Property & Casualty 0.01% $2,788,463 $2,785,014 $2,611,982 $2,035,988 73.11 %
2016 Total Fire & Allied Lines 0.12% $1,215,716 $1,275,279 $1,718,665 $1,815,417 N/A
2016 Dwelling Fire & Allied Lines 0.35% $1,215,716 $1,275,279 $1,718,665 $1,815,417 N/A
2016 Commercial Multi-Peril 0.00% $54,689 $133,387 $588,028 $-298,486 -223.77 %
2016 Inland Marine (Incl Auto Cargo) 0.02% $202,108 $189,124 $0 $4,489 2.37 %
2016 Earthquake 0.01% $17,718 $12,700 $0 $24 0.19 %
2016 Direct Workers Compensation 0.03% $699,187 $462,843 $78,870 $168,217 36.34 %
2016 Other Liability - Bodily Injury & Property Damage 0.01% $153,047 $297,494 $45,000 $48,512 16.31 %
2016 Products Liability 0.20% $153,985 $129,119 $48,500 $81,216 62.90 %
2016 Total Commercial Automobile 0.02% $269,318 $252,161 $132,919 $212,272 84.18 %
2016 Commercial Auto Liability Bodily Injury 0.02% $131,711 $122,621 $44,611 $91,754 74.83 %
2016 Commercial Auto Liability Property Damage 0.03% $70,922 $66,027 $24,022 $49,406 74.83 %
2016 Commercial Auto Medical Payments 0.04% $6,699 $6,151 $0 $0 0.00 %
2016 Commercial Auto Uninsured Motorists 0.04% $15,103 $14,523 $0 $0 0.00 %
2016 Commercial Auto Comprehensive 0.01% $14,936 $14,184 $1,817 $1,814 12.79 %
2016 Commercial Auto Collision 0.01% $29,947 $28,655 $62,469 $69,298 N/A
2016 Burglary & Theft 0.00% $102 $137 $0 $6 4.38 %
2016 Boiler & Machinery 0.04% $22,593 $32,770 $0 $4,321 13.19 %

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 0.03% 0 0
2017 Homeowners 0.04% 0 0
2016 Homeowners 0.04% 0 0


Company Changes

Effective Date: 09/01/2002

Comments: The Yasuda Fire & Marine Insurance Co. of America changed its name to Sompo Japan Insurance Co. of America.

Effective Date: 12/06/2012

Comments:

Effective Date: 09/01/2014

Comments: Effective 09/01/14 Nipponka Insurance Company Ltd. merged with and into Sompo Japan Insurance Company Ltd.


Market Conduct

Date: 12/06/2012

SompoJapanOrder.pdf


Financial Exams

This company does not have any financial exams.