Company search
Company Details
AMERICAN SECURITY INSURANCE COMPANY License Status :
Active
NAIC Number :
42978
Phone Number:
7707631000
Company Address:
260 INTERSTATE NORTH CIRCLE, SE
ATLANTA, GA 30339-2110
Description:
Property and Casualty
License Number:
B421682
Date Admitted:
1954-10-20
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 | 0.04% | $5,788,865 | $5,239,297 | $2,498,245 | $2,789,443 | 53.24 % |
| 2023 | Total Fire & Allied Lines | 0.00% | $901 | $762 | $0 | $3,561 | N/A |
| 2023 | Dwelling Fire & Allied Lines | 0.00% | $901 | $762 | $0 | $3,561 | N/A |
| 2023 | Total Homeowners | 0.00% | $74,385 | $76,356 | $18,475 | $10,215 | 13.38 % |
| 2023 | Homeowners Multi-Peril | 0.00% | $74,385 | $76,356 | $18,475 | $10,215 | 13.38 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.46% | $2,565,235 | $2,565,309 | $496,232 | $487,478 | 19.00 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.28% | $2,655,411 | $2,136,357 | $1,907,635 | $2,221,476 | N/A |
| 2023 | Private Flood | 7.21% | $492,933 | $460,513 | $75,903 | $66,713 | 14.49 % |
| 2022 | Total Property & Casualty | 0.04% | $5,176,605 | $5,073,937 | $1,967,398 | $1,606,202 | 31.66 % |
| 2022 | Total Fire & Allied Lines | 0.00% | $383 | $492 | $7,320 | $7,313 | N/A |
| 2022 | Dwelling Fire & Allied Lines | 0.00% | $383 | $492 | $7,320 | $7,313 | N/A |
| 2022 | Total Homeowners | 0.00% | $82,559 | $90,093 | $14,039 | $11,036 | 12.25 % |
| 2022 | Homeowners Multi-Peril | 0.00% | $82,559 | $90,093 | $14,039 | $11,036 | 12.25 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.53% | $2,779,228 | $2,883,561 | $872,340 | $876,585 | 30.40 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.22% | $1,878,914 | $1,689,503 | $666,600 | $290,690 | 17.21 % |
| 2022 | Other Liability - Warranty | 0.00% | $0 | $0 | $-268 | $-397 | N/A |
| 2022 | Private Flood | 6.10% | $435,521 | $410,288 | $407,367 | $420,975 | N/A |
| 2021 | Total Property & Casualty | 0.04% | $5,810,609 | $5,557,545 | $2,904,060 | $3,035,483 | 54.62 % |
| 2021 | Total Fire & Allied Lines | 0.00% | $974 | $959 | $5,851 | $5,684 | N/A |
| 2021 | Dwelling Fire & Allied Lines | 0.00% | $974 | $959 | $5,851 | $5,684 | N/A |
| 2021 | Total Homeowners | 0.00% | $89,042 | $100,622 | $46,774 | $33,532 | 33.32 % |
| 2021 | Homeowners Multi-Peril | 0.00% | $89,042 | $100,622 | $46,774 | $33,532 | 33.32 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.64% | $2,997,232 | $3,747,513 | $1,436,191 | $1,399,531 | 37.35 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.28% | $2,301,368 | $1,255,825 | $1,274,560 | $1,457,486 | N/A |
| 2021 | Other Liability - Warranty | 0.00% | $0 | $0 | $268 | $397 | N/A |
| 2021 | Private Flood | 5.18% | $421,993 | $452,626 | $140,416 | $138,853 | 30.68 % |
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 | 0.00% | 0 | 0 |
| 2022 | Homeowners | 0.00% | 0 | 0 |
| 2021 | Homeowners | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 12/28/2016
Financial Exams
This company does not have any financial exams.