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, NC  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 Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2020 Total Property & Casualty 0.01% $3,487,340 $2,715,350 $1,052,551 $1,493,699 55.01 %
2020 Total Fire & Allied Lines 0.10% $1,230,684 $794,844 $12,268 $101,583 12.78 %
2020 Commercial Fire & Allied Lines 0.25% $1,230,684 $794,844 $12,268 $101,583 12.78 %
2020 Commercial Multi-Peril 0.01% $145,061 $129,618 $0 $9,620 7.42 %
2020 Inland Marine (Incl Auto Cargo) 0.00% $0 $0 $0 $-3,306 N/A
2020 Earthquake 0.00% $459 $295 $0 $12 4.07 %
2020 Direct Workers Compensation 0.04% $1,037,885 $821,891 $935,691 $707,810 86.12 %
2020 Other Liability - Bodily Injury & Property Damage 0.02% $385,722 $380,852 $28,093 $403,632 N/A
2020 Products Liability 0.12% $113,984 $110,346 $0 $-69,275 -62.78 %
2020 Total Commercial Automobile 0.03% $547,870 $452,413 $76,499 $338,326 74.78 %
2020 Commercial Auto Liability Bodily Injury 0.03% $243,547 $199,798 $6,822 $77,702 38.89 %
2020 Commercial Auto Liability Property Damage 0.05% $131,141 $107,584 $3,673 $41,839 38.89 %
2020 Commercial Auto Medical Payments 0.03% $7,372 $7,570 $0 $0 0.00 %
2020 Commercial Auto Uninsured Motorists 0.04% $25,128 $22,143 $0 $175,000 N/A
2020 Commercial Auto Comprehensive 0.03% $52,952 $42,791 $8,325 $11,201 26.18 %
2020 Commercial Auto Collision 0.03% $87,730 $72,527 $57,679 $32,584 44.93 %
2020 Boiler & Machinery 0.04% $25,675 $25,091 $0 $5,297 21.11 %
2019 Total Property & Casualty 0.01% $2,243,809 $2,439,179 $641,342 $477,696 19.58 %
2019 Total Fire & Allied Lines 0.05% $565,005 $554,500 $10,885 $-367,052 -66.20 %
2019 Commercial Fire & Allied Lines 0.15% $565,005 $554,500 $10,885 $-367,052 -66.20 %
2019 Commercial Multi-Peril 0.00% $89,900 $99,992 $0 $13,003 13.00 %
2019 Inland Marine (Incl Auto Cargo) 0.00% $0 $69,950 $0 $-7,602 -10.87 %
2019 Earthquake 0.00% $0 $4,181 $0 $-199 -4.76 %
2019 Direct Workers Compensation 0.03% $827,241 $905,745 $478,205 $635,293 70.14 %
2019 Other Liability - Bodily Injury & Property Damage 0.02% $328,835 $320,577 $14,962 $2,254 0.70 %
2019 Products Liability 0.04% $37,004 $83,979 $7,849 $90,675 N/A
2019 Total Commercial Automobile 0.02% $376,978 $381,783 $129,441 $115,676 30.30 %
2019 Commercial Auto Liability Bodily Injury 0.02% $168,338 $172,127 $40,086 $9,140 5.31 %
2019 Commercial Auto Liability Property Damage 0.04% $90,644 $92,684 $21,585 $4,922 5.31 %
2019 Commercial Auto Medical Payments 0.05% $10,239 $9,872 $0 $524 5.31 %
2019 Commercial Auto Uninsured Motorists 0.03% $17,858 $16,399 $0 $871 5.31 %
2019 Commercial Auto Comprehensive 0.01% $32,299 $32,761 $22,307 $20,542 62.70 %
2019 Commercial Auto Collision 0.02% $57,600 $57,940 $45,463 $79,677 N/A
2019 Burglary & Theft 0.00% $0 $0 $0 $-41 N/A
2019 Boiler & Machinery 0.03% $18,846 $18,472 $0 $-4,311 -23.34 %
2018 Total Property & Casualty 0.01% $3,348,115 $3,563,939 $521,371 $2,462,674 69.10 %
2018 Total Fire & Allied Lines 0.08% $818,650 $1,083,590 $145,010 $462,659 42.70 %
2018 Dwelling Fire & Allied Lines 0.24% $818,650 $1,083,590 $145,010 $462,659 42.70 %
2018 Commercial Multi-Peril 0.01% $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 0.01% $12,949 $12,488 $0 $212 1.70 %
2018 Direct Workers Compensation 0.04% $1,090,681 $1,028,522 $93,068 $1,528,809 N/A
2018 Other Liability - Bodily Injury & Property Damage 0.02% $314,925 $253,262 $26,106 $116,268 45.91 %
2018 Products Liability 0.27% $222,206 $255,997 $7,819 $111,960 43.73 %
2018 Total Commercial Automobile 0.04% $574,139 $596,592 $249,368 $383,699 64.32 %
2018 Commercial Auto Liability Bodily Injury 0.03% $265,036 $285,810 $141,857 $231,052 80.84 %
2018 Commercial Auto Liability Property Damage 0.06% $142,712 $153,898 $76,385 $124,412 80.84 %
2018 Commercial Auto Medical Payments 0.05% $9,121 $8,403 $2,976 $0 0.00 %
2018 Commercial Auto Uninsured Motorists 0.04% $18,289 $18,669 $0 $0 0.00 %
2018 Commercial Auto Comprehensive 0.03% $53,445 $49,731 $20,624 $24,697 49.66 %
2018 Commercial Auto Collision 0.03% $85,536 $80,081 $7,526 $3,538 4.42 %
2018 Burglary & Theft 0.00% $0 $0 $0 $41 N/A
2018 Boiler & Machinery 0.04% $22,219 $22,856 $0 $7,875 34.45 %

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


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: 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.