Company Details

  ADDISON INSURANCE COMPANY License Status :
Active

NAIC Number :

10324


Phone Number:

319-399-5700


Company Address:

P.O. BOX 73909 
CEDAR RAPIDS, IA  52407-3909

Description:

Property and Casualty


License Number:

B420322


Date Admitted:

2003-12-29


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
2019 Total Property & Casualty 0.05% $12,802,854 $12,871,219 $7,784,020 $8,781,773 68.23 %
2019 Total Fire & Allied Lines 0.19% $2,219,640 $2,161,315 $2,143,229 $2,391,778 N/A
2019 Commercial Fire & Allied Lines 0.58% $2,219,640 $2,161,315 $2,143,229 $2,391,778 N/A
2019 Commercial Multi-Peril 0.11% $2,096,334 $2,323,277 $2,612,136 $2,526,690 N/A
2019 Inland Marine (Incl Auto Cargo) 0.06% $703,356 $673,049 $845,463 $989,290 N/A
2019 Earthquake 0.02% $33,698 $33,819 $0 $634 1.87 %
2019 Direct Workers Compensation 0.01% $299,721 $285,872 $212,228 $282,606 98.86 %
2019 Other Liability - Bodily Injury & Property Damage 0.16% $2,681,116 $2,702,644 $98,019 $875,092 32.38 %
2019 Products Liability 0.98% $854,032 $898,198 $268,765 $167,690 18.67 %
2019 Total Commercial Automobile 0.23% $3,765,452 $3,637,767 $1,594,069 $1,536,685 42.24 %
2019 Commercial Auto Liability Bodily Injury 0.16% $1,351,536 $1,300,780 $679,234 $177,338 13.63 %
2019 Commercial Auto Liability Property Damage 0.41% $1,019,580 $981,290 $311,904 $346,627 35.32 %
2019 Commercial Auto Medical Payments 0.26% $57,682 $56,806 $3,149 $-818 -1.44 %
2019 Commercial Auto Uninsured Motorists 0.28% $147,227 $81,908 $0 $267,604 N/A
2019 Commercial Auto Comprehensive 0.16% $352,253 $390,073 $117,061 $178,156 45.67 %
2019 Commercial Auto Collision 0.30% $837,174 $826,910 $482,721 $567,778 68.66 %
2019 Burglary & Theft 0.03% $5,948 $5,904 $0 $129 2.18 %
2019 Boiler & Machinery 0.25% $143,557 $149,374 $10,111 $11,179 7.48 %
2018 Total Property & Casualty 0.05% $12,786,470 $12,371,010 $4,059,820 $4,145,134 33.51 %
2018 Total Fire & Allied Lines 0.19% $2,093,699 $2,062,057 $539,106 $522,407 25.33 %
2018 Commercial Fire & Allied Lines 0.64% $2,093,699 $2,062,057 $539,106 $522,407 25.33 %
2018 Commercial Multi-Peril 0.13% $2,304,247 $2,181,908 $836,777 $833,869 38.22 %
2018 Inland Marine (Incl Auto Cargo) 0.06% $642,812 $616,076 $352,294 $394,786 64.08 %
2018 Earthquake 0.02% $33,487 $32,154 $0 $-869 -2.70 %
2018 Direct Workers Compensation 0.01% $228,860 $203,321 $91,525 $-19,770 -9.72 %
2018 Other Liability - Bodily Injury & Property Damage 0.17% $2,714,626 $2,722,362 $597,003 $634,356 23.30 %
2018 Products Liability 1.16% $917,858 $918,533 $104,639 $232,047 25.26 %
2018 Total Commercial Automobile 0.24% $3,698,745 $3,488,494 $1,513,275 $1,525,107 43.72 %
2018 Commercial Auto Liability Bodily Injury 0.17% $1,289,756 $1,228,084 $374,041 $242,921 19.78 %
2018 Commercial Auto Liability Property Damage 0.40% $972,974 $926,449 $355,271 $313,041 33.79 %
2018 Commercial Auto Medical Payments 0.32% $57,016 $55,919 $2,627 $11,745 21.00 %
2018 Commercial Auto Uninsured Motorists 0.29% $139,465 $143,444 $0 $227,727 N/A
2018 Commercial Auto Comprehensive 0.19% $327,687 $308,198 $134,834 $120,196 39.00 %
2018 Commercial Auto Collision 0.34% $911,847 $826,400 $646,502 $609,477 73.75 %
2018 Burglary & Theft 0.04% $5,896 $5,358 $0 $-126 -2.35 %
2018 Boiler & Machinery 0.29% $146,240 $140,747 $25,201 $23,327 16.57 %
2017 Total Property & Casualty 0.05% $11,625,968 $10,990,847 $4,667,350 $4,392,203 39.96 %
2017 Total Fire & Allied Lines 0.19% $2,013,538 $1,958,504 $840,732 $880,296 44.95 %
2017 Commercial Fire & Allied Lines 0.75% $2,013,538 $1,958,504 $840,732 $880,296 44.95 %
2017 Commercial Multi-Peril 0.12% $2,170,949 $1,978,642 $1,162,224 $1,409,465 71.23 %
2017 Inland Marine (Incl Auto Cargo) 0.05% $556,421 $544,153 $185,974 $190,458 35.00 %
2017 Earthquake 0.01% $30,183 $32,064 $0 $835 2.60 %
2017 Direct Workers Compensation 0.01% $172,949 $154,856 $124,720 $199,931 N/A
2017 Other Liability - Bodily Injury & Property Damage 0.15% $2,603,671 $2,465,495 $1,238,253 $-380,426 -15.43 %
2017 Products Liability 1.06% $888,653 $861,876 $2,654 $211,392 24.53 %
2017 Total Commercial Automobile 0.21% $3,045,564 $2,858,944 $1,100,467 $1,869,442 65.39 %
2017 Commercial Auto Liability Bodily Injury 0.16% $1,096,363 $1,026,145 $410,239 $1,022,823 99.68 %
2017 Commercial Auto Liability Property Damage 0.35% $827,080 $774,112 $187,067 $313,966 40.56 %
2017 Commercial Auto Medical Payments 0.29% $50,119 $44,016 $2,334 $1,193 2.71 %
2017 Commercial Auto Uninsured Motorists 0.29% $135,385 $131,769 $0 $-33,056 -25.09 %
2017 Commercial Auto Comprehensive 0.16% $270,609 $258,602 $199,317 $219,262 84.79 %
2017 Commercial Auto Collision 0.26% $666,008 $624,300 $301,510 $345,254 55.30 %
2017 Burglary & Theft 0.04% $5,853 $5,857 $0 $139 2.37 %
2017 Boiler & Machinery 0.25% $138,187 $130,456 $12,326 $10,671 8.18 %

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: 10/29/2010

Comments: Addison Insurance Co. redomesticated from Illinois to Iowa.

Effective Date: 02/25/2014

Comments:


Market Conduct

Date: 02/25/2014

AddisonInsuranceCoOrder.pdf


Financial Exams

This company does not have any financial exams.