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Company Details
AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA License Status :
Active
NAIC Number :
10111
Phone Number:
3052532244
Company Address:
PO BOX 202141
FLORENCE, SC 29502
Description:
Property and Casualty
License Number:
B421677
Date Admitted:
1949-02-11
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 Accident & Health | 0.00% | $978 | $978 | $0 | $0 | 0.00 % |
| 2021 | Total Group Accident & Health | 0.00% | $978 | $978 | $0 | $0 | 0.00 % |
| 2021 | Group Long Term Credit Disability | 0.84% | $978 | $978 | $0 | $0 | 0.00 % |
| 2021 | Total Property & Casualty | 0.10% | $31,904,401 | $33,101,907 | $13,885,111 | $14,774,458 | 44.63 % |
| 2021 | Total Homeowners | 0.15% | $9,374,509 | $9,127,583 | $3,553,010 | $4,043,125 | 44.30 % |
| 2021 | Homeowners Multi-Peril | 0.15% | $9,374,509 | $9,127,583 | $3,553,010 | $4,043,125 | 44.30 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.40% | $5,692,490 | $5,707,153 | $1,957,902 | $1,975,762 | 34.62 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.57% | $12,474,918 | $13,354,377 | $7,068,576 | $7,124,603 | 53.35 % |
| 2021 | Other Liability - Warranty | 0.00% | $-3 | $-3 | $0 | $-354 | 11,800.00 % |
| 2021 | Total Private Passenger Automobile | 0.00% | $22,123 | $410,960 | $139,630 | $37,181 | 9.05 % |
| 2021 | Private Passenger Auto Liability Bodily Injury | 0.00% | $2,523 | $46,949 | $21,484 | $-158 | -0.34 % |
| 2021 | Private Passenger Auto Medical Payments | 0.00% | $340 | $6,406 | $0 | $0 | 0.00 % |
| 2021 | Private Passenger Uninsured Motorists | 0.00% | $1,143 | $21,294 | $0 | $0 | 0.00 % |
| 2021 | Private Passenger Underinsured Motorists | 0.00% | $1,066 | $19,824 | $0 | $0 | 0.00 % |
| 2021 | Private Passenger Accidential Death & Disab/Dism | 0.00% | $-1 | $-12 | $0 | $0 | N/A |
| 2021 | Private Passenger Auto Comprehensive | 0.00% | $4,945 | $88,620 | $82,702 | $25,764 | 29.07 % |
| 2021 | Private Passenger Auto Collision | 0.00% | $12,107 | $227,879 | $35,444 | $11,575 | 5.08 % |
| 2021 | Surety | 0.13% | $259,309 | $296,480 | $59,240 | $83,770 | 28.25 % |
| 2021 | Credit Property (Excluding V.S.I.) | 0.12% | $84,200 | $85,939 | $55,137 | $43,671 | 50.82 % |
| 2021 | Credit Unemployment | 2.96% | $75,145 | $32,519 | $0 | $2,395 | 7.36 % |
| 2021 | Other Specific | 0.14% | $16,215 | $17,504 | $6,957 | $5,360 | 30.62 % |
| 2021 | National Flood Insurance Program | 11.67% | $3,905,495 | $4,069,395 | $1,044,659 | $1,458,945 | 35.85 % |
| 2020 | Total Group Accident & Health | 0.00% | $1,255 | $1,255 | $0 | $0 | 0.00 % |
| 2020 | Group Long Term Credit Disability | 1.60% | $1,255 | $1,255 | $0 | $0 | 0.00 % |
| 2020 | Total Property & Casualty | 0.11% | $33,164,951 | $30,143,130 | $14,542,428 | $14,196,500 | 47.10 % |
| 2020 | Total Homeowners | 0.15% | $8,776,898 | $8,360,908 | $3,063,199 | $3,250,049 | 38.87 % |
| 2020 | Homeowners Multi-Peril | 0.16% | $8,776,898 | $8,360,908 | $3,063,199 | $3,250,049 | 38.87 % |
| 2020 | Commercial Multi-Peril | 0.00% | $0 | $0 | $73,611 | $32,738 | N/A |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.37% | $4,555,497 | $4,555,785 | $1,718,249 | $1,730,761 | 37.99 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.76% | $14,672,120 | $12,277,138 | $6,049,154 | $6,806,303 | 55.44 % |
| 2020 | Other Liability - Warranty | 0.00% | $0 | $0 | $135,516 | $135,516 | N/A |
| 2020 | Total Private Passenger Automobile | 0.01% | $796,790 | $740,191 | $185,193 | $222,082 | 30.00 % |
| 2020 | Private Passenger Auto Liability Bodily Injury | 0.00% | $91,110 | $86,289 | $20,000 | $23,867 | 27.66 % |
| 2020 | Private Passenger Auto Medical Payments | 0.01% | $12,287 | $11,773 | $0 | $0 | 0.00 % |
| 2020 | Private Passenger Uninsured Motorists | 0.01% | $41,275 | $39,136 | $0 | $0 | 0.00 % |
| 2020 | Private Passenger Underinsured Motorists | 0.03% | $38,490 | $36,435 | $0 | $0 | 0.00 % |
| 2020 | Private Passenger Accidential Death & Disab/Dism | 0.00% | $-23 | $-22 | $0 | $0 | N/A |
| 2020 | Private Passenger Auto Comprehensive | 0.01% | $177,959 | $158,642 | $115,635 | $136,768 | 86.21 % |
| 2020 | Private Passenger Auto Collision | 0.02% | $435,692 | $407,938 | $49,558 | $61,447 | 15.06 % |
| 2020 | Total Commercial Automobile | 0.00% | $0 | $35,066 | $0 | $0 | 0.00 % |
| 2020 | Commercial Auto Comprehensive | 0.00% | $0 | $35,066 | $0 | $0 | 0.00 % |
| 2020 | Surety | 0.11% | $197,186 | $155,715 | $73,836 | $73,750 | 47.36 % |
| 2020 | Credit Property (Excluding V.S.I.) | 0.07% | $43,551 | $189,663 | $93,983 | $48,965 | 25.82 % |
| 2020 | Credit Unemployment | 2.01% | $41,543 | $-16,624 | $0 | $509 | N/A |
| 2020 | Other Specific | 0.24% | $21,580 | $21,051 | $13,597 | $15,083 | 71.65 % |
| 2020 | National Flood Insurance Program | 12.15% | $4,059,786 | $3,824,237 | $3,136,090 | $1,880,744 | 49.18 % |
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 |
|---|---|---|---|---|
| 2021 | Private Passenger Auto | 0.01% | 1 | 567 |
| 2021 | Homeowners | 0.32% | 14 | 489 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2020 | Health | 0.00% | 0 | 0 |
| 2020 | Private Passenger Auto | 0.02% | 0 | 0 |
| 2020 | Homeowners | 0.31% | 12 | 485 |
Company Changes
Effective Date: 11/01/2008
Comments: Voyager Property and Casualty Insurance Company merged with and into American Bankers Insurance Company of Florida.
Market Conduct
Date: 08/02/2018
Financial Exams
This company does not have any financial exams.