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
2019 Total Accident & Health 0.01% $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 0.03% $43,673 $43,673 $9,861 $10,005 22.91 %
2019 Individual Limited Benefit 0.60% $1,013,986 $1,010,326 $63,499 $215,059 21.29 %
2019 Total Group Accident & Health 0.01% $2,173,922 $2,175,352 $632,798 $544,335 25.02 %
2019 Group Limited Benefit 0.33% $2,173,922 $2,175,352 $632,798 $544,335 25.02 %
2019 Total Property & Casualty 0.00% $599,116 $594,679 $251,811 $283,281 47.64 %
2019 Other Specific 6.53% $599,116 $594,679 $251,811 $283,281 47.64 %
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 0.02% $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 0.64% $3,922,885 $3,926,770 $725,405 $788,983 20.09 %
2018 Total Property & Casualty 0.00% $293,444 $289,908 $137,276 $143,254 49.41 %
2018 Other Specific 3.88% $293,444 $289,908 $137,276 $143,254 49.41 %
2017 Total Accident & Health 0.00% $1,807,959 $1,803,512 $401,474 $728,357 40.39 %
2017 Total Individual Accident & Health 0.00% $5,256 $5,256 $0 $27 0.51 %
2017 Individual Specified Disease 0.00% $470 $470 $0 $27 5.74 %
2017 Individual Dental 0.00% $2,700 $2,700 $0 $0 0.00 %
2017 Individual Limited Benefit 0.00% $2,086 $2,086 $0 $0 0.00 %
2017 Total Group Accident & Health 0.00% $1,802,703 $1,798,256 $401,474 $728,330 40.50 %
2017 Group Dental 0.00% $101 $101 $0 $0 0.00 %
2017 Group Limited Benefit 0.32% $1,804,631 $1,800,184 $157,100 $485,900 26.99 %
2017 Group Stop Loss 0.00% $-2,029 $-2,029 $244,374 $242,430 -11,948.25 %
2017 Total Property & Casualty 0.00% $219,266 $219,306 $140,767 $140,391 64.02 %
2017 Other Specific 2.48% $219,266 $219,306 $140,767 $140,391 64.02 %

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
2019 Health 0.03% 6 507
2018 Health 0.02% 4 442
2017 Health 0.01% 0 0


Company Changes


Market Conduct

Date: 09/17/2020

IAIC920.pdf


Financial Exams

This company does not have any financial exams.