Company Details

  INDEPENDENCE AMERICAN INSURANCE COMPANY License Status :
Active

NAIC Number :

26581


Phone Number:

212-355-4141


Company Address:

485 MADISON AVENUE, 14TH FLOOR 
NEW YORK, NY  10022-5872

Description:

Property and Casualty


License Number:

B420357


Date Admitted:

2006-06-20


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
2020 Total Accident & Health 0.00% $2,306,454 $2,303,879 $604,283 $615,903 26.73 %
2020 Total Individual Accident & Health 0.00% $995,384 $992,704 $254,453 $278,790 28.08 %
2020 Individual Specified Disease 0.00% $3,699 $3,699 $0 $-107 -2.89 %
2020 Individual Accident Only 0.00% $7,651 $7,651 $4,012 $5,271 68.89 %
2020 Individual Dental 0.02% $49,243 $49,243 $17,953 $22,426 45.54 %
2020 Individual Limited Benefit 0.42% $934,791 $932,111 $232,488 $251,200 26.95 %
2020 Total Group Accident & Health 0.00% $1,311,070 $1,311,175 $349,830 $337,113 25.71 %
2020 Group Limited Benefit 0.18% $1,311,070 $1,311,175 $349,830 $337,113 25.71 %
2020 Total Property & Casualty 0.00% $887,631 $873,094 $392,003 $427,115 48.92 %
2020 Other Specific 10.08% $887,631 $873,094 $392,003 $427,115 48.92 %
2019 Total Accident & Health 0.00% $3,232,415 $3,230,185 $706,158 $769,238 23.81 %
2019 Total Individual Accident & Health 0.01% $1,058,493 $1,054,833 $73,360 $224,903 21.32 %
2019 Individual Specified Disease 0.00% $728 $728 $0 $-184 -25.27 %
2019 Individual Accident Only 0.00% $106 $106 $0 $23 21.70 %
2019 Individual Dental 0.02% $43,673 $43,673 $9,861 $10,005 22.91 %
2019 Individual Limited Benefit 0.54% $1,013,986 $1,010,326 $63,499 $215,059 21.29 %
2019 Total Group Accident & Health 0.00% $2,173,922 $2,175,352 $632,798 $544,335 25.02 %
2019 Group Limited Benefit 0.31% $2,173,922 $2,175,352 $632,798 $544,335 25.02 %
2018 Total Accident & Health 0.01% $4,078,922 $4,081,215 $731,244 $837,328 20.52 %
2018 Total Individual Accident & Health 0.00% $156,046 $154,454 $5,839 $48,345 31.30 %
2018 Individual Specified Disease 0.00% $1,122 $1,122 $0 $483 43.05 %
2018 Individual Dental 0.01% $26,949 $26,949 $4,310 $7,176 26.63 %
2018 Individual Limited Benefit 0.09% $127,975 $126,383 $1,529 $40,686 32.19 %
2018 Total Group Accident & Health 0.01% $3,922,876 $3,926,761 $725,405 $788,983 20.09 %
2018 Group Dental 0.00% $-9 $-9 $0 $0 0.00 %
2018 Group Limited Benefit 0.60% $3,922,885 $3,926,770 $725,405 $788,983 20.09 %

Enforcements

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

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2020 Health 0.04% 11 977
2019 Health 0.03% 6 507
2018 Health 0.02% 4 442


Company Changes


Market Conduct

Date: 09/17/2020

IAIC920.pdf


Financial Exams

This company does not have any financial exams.