Company search

Company Details

  SOMPO AMERICA INSURANCE COMPANY License Status :
Active

NAIC Number :

11126


Phone Number:

7047592200


Company Address:

Overlook Building, 13146 Ballantyne Corporate Pl, Ste. 300 
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
2021 Total Property & Casualty 0.02% $6,832,573 $6,088,216 $2,867,481 $2,942,500 48.33 %
2021 Total Fire & Allied Lines 0.30% $4,526,664 $3,800,275 $645,128 $1,471,561 38.72 %
2021 Commercial Fire & Allied Lines 0.75% $4,526,664 $3,800,275 $645,128 $1,471,561 38.72 %
2021 Commercial Multi-Peril 0.00% $37,656 $46,962 $0 $-32,190 -68.54 %
2021 Inland Marine (Incl Auto Cargo) 0.00% $0 $0 $0 $725 N/A
2021 Earthquake 0.00% $962 $545 $0 $-8 -1.47 %
2021 Direct Workers Compensation 0.03% $925,120 $1,059,495 $241,061 $189,897 17.92 %
2021 Other Liability - Bodily Injury & Property Damage 0.02% $543,600 $479,799 $855,184 $564,538 N/A
2021 Products Liability 0.04% $46,240 $40,816 $0 $-141,352 -346.32 %
2021 Total Commercial Automobile 0.03% $730,381 $644,841 $1,126,108 $887,600 N/A
2021 Commercial Auto Liability Bodily Injury 0.03% $355,956 $283,940 $661,284 $481,762 N/A
2021 Commercial Auto Liability Property Damage 0.05% $150,309 $151,854 $356,076 $3 0.00 %
2021 Commercial Auto Medical Payments 0.05% $8,338 $8,159 $0 $0 0.00 %
2021 Commercial Auto Uninsured Motorists 0.04% $30,531 $29,287 $0 $175,000 N/A
2021 Commercial Auto Comprehensive 0.03% $70,719 $67,346 $75 $37,459 55.62 %
2021 Commercial Auto Collision 0.03% $114,528 $104,255 $108,673 $193,376 N/A
2021 Boiler & Machinery 0.02% $20,950 $15,094 $0 $1,729 11.45 %
2021 National Flood Insurance Program 0.00% $1,000 $389 $0 $0 0.00 %
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 0.09% $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 0.02% $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 0.02% $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 0.03% $25,675 $25,091 $0 $5,297 21.11 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

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.