Company Details

  ADDISON INSURANCE COMPANY License Status :
Active

NAIC Number :

10324


Phone Number:

8003327977


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
2021 Total Property & Casualty 0.03% $10,473,118 $11,550,196 $6,263,381 $6,508,937 56.35 %
2021 Total Fire & Allied Lines 0.16% $2,393,399 $2,251,349 $1,816,730 $965,016 42.86 %
2021 Commercial Fire & Allied Lines 0.40% $2,393,399 $2,251,349 $1,816,730 $965,016 42.86 %
2021 Commercial Multi-Peril 0.06% $1,385,990 $1,875,494 $1,431,728 $1,106,603 59.00 %
2021 Inland Marine (Incl Auto Cargo) 0.05% $690,231 $681,894 $306,488 $302,470 44.36 %
2021 Earthquake 0.01% $36,290 $31,960 $0 $-301 -0.94 %
2021 Direct Workers Compensation 0.01% $258,890 $266,947 $526,607 $412,546 N/A
2021 Other Liability - Bodily Injury & Property Damage 0.09% $1,995,569 $2,219,768 $576,913 $1,522,566 68.59 %
2021 Products Liability 0.56% $605,292 $656,387 $323,926 $741,592 N/A
2021 Total Commercial Automobile 0.14% $2,972,009 $3,420,613 $1,249,616 $1,426,726 41.71 %
2021 Commercial Auto Liability Bodily Injury 0.09% $1,037,087 $1,196,766 $236,725 $597,513 49.93 %
2021 Commercial Auto Liability Property Damage 0.24% $782,364 $902,824 $311,713 $169,152 18.74 %
2021 Commercial Auto Medical Payments 0.11% $16,800 $18,128 $5,000 $5,997 33.08 %
2021 Commercial Auto Uninsured Motorists 0.09% $64,291 $73,759 $95,000 $74,955 N/A
2021 Commercial Auto Comprehensive 0.15% $359,222 $386,664 $271,801 $262,579 67.91 %
2021 Commercial Auto Collision 0.19% $712,245 $842,472 $329,377 $316,530 37.57 %
2021 Burglary & Theft 0.04% $7,176 $7,263 $0 $88 1.21 %
2021 Boiler & Machinery 0.15% $128,272 $138,521 $31,373 $31,631 22.83 %
2020 Total Property & Casualty 0.04% $12,348,890 $12,499,853 $7,004,441 $7,886,022 63.09 %
2020 Total Fire & Allied Lines 0.17% $2,265,608 $2,261,179 $1,632,197 $2,258,269 99.87 %
2020 Commercial Fire & Allied Lines 0.46% $2,265,608 $2,261,179 $1,632,197 $2,258,269 99.87 %
2020 Commercial Multi-Peril 0.09% $2,084,541 $2,098,418 $2,772,339 $2,924,096 N/A
2020 Inland Marine (Incl Auto Cargo) 0.06% $706,171 $719,699 $465,148 $307,224 42.69 %
2020 Earthquake 0.01% $35,352 $35,807 $0 $685 1.91 %
2020 Direct Workers Compensation 0.01% $208,981 $213,863 $70,593 $153,307 71.68 %
2020 Other Liability - Bodily Injury & Property Damage 0.13% $2,547,216 $2,556,061 $371,301 $105,844 4.14 %
2020 Products Liability 0.78% $733,955 $752,716 $47,723 $789,366 N/A
2020 Total Commercial Automobile 0.19% $3,617,016 $3,711,935 $1,640,842 $1,343,845 36.20 %
2020 Commercial Auto Liability Bodily Injury 0.13% $1,278,977 $1,318,687 $115,193 $402,753 30.54 %
2020 Commercial Auto Liability Property Damage 0.34% $964,843 $994,798 $345,380 $355,312 35.72 %
2020 Commercial Auto Medical Payments 0.10% $21,479 $40,877 $5,000 $-4,138 -10.12 %
2020 Commercial Auto Uninsured Motorists 0.15% $88,106 $118,429 $500,000 $-4,566 -3.86 %
2020 Commercial Auto Comprehensive 0.18% $381,766 $368,150 $293,119 $256,531 69.68 %
2020 Commercial Auto Collision 0.25% $881,845 $870,994 $382,150 $337,953 38.80 %
2020 Burglary & Theft 0.03% $5,466 $5,741 $0 $89 1.55 %
2020 Boiler & Machinery 0.19% $144,584 $144,434 $4,298 $3,297 2.28 %

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.


Market Conduct

Date: 02/25/2014

AddisonInsuranceCoOrder.pdf


Financial Exams

This company does not have any financial exams.