Company Details

Company Details

Company Name:
MGA INSURANCE COMPANY INC
License Status:
Active
NAIC Number:
40150
Company Address:
1415 State Street, Suite 1600
Richardson, TX 75082
Phone Number:
9726294301
Mailing Address:
Post Office Box 869153
Plano, TX 75086
Description:
Property and Casualty (Ch 379, RSMo)
License Number:
B423348
Date Admitted:
1988-06-06

Market Share

Year Line Market Share Direct Premium Written Direct Premium Earned Dividends Paid Direct Losses Paid Direct Losses Incurred In Force Loss Ratio
2025 Total Property & Casualty 0.02% $3,846,247 $3,543,051 $0 $2,123,683 $1,913,504 $0 90.1%
2025 Total Private Passenger Auto 0.1% $3,285,020 $2,995,139 $0 $1,934,705 $1,689,847 $0 87.34%
2025 Private Passenger Auto Liability - Bodily Injury 0.08% $1,234,340 $1,143,322 $0 $806,424 $603,447 $0 74.83%
2025 Private Passenger Auto Liability - Property Damage 0.16% $1,672,670 $1,490,384 $0 $946,222 $979,562 $0 103.52%
2025 Private Passenger Auto Liability - Medical Payments 0.03% $23,015 $23,582 $0 $20,459 $23,403 $0 114.39%
2025 Private Passenger Auto Liability - Uninsured Motorists 0.09% $334,757 $317,137 $0 $151,500 $69,587 $0 45.93%
2025 Private Passenger Auto Liability - Underinsured Motorists 0.01% $20,238 $20,714 $0 $10,100 $13,848 $0 137.11%
2025 Private Passenger Auto - Comprehensive 0.01% $184,905 $169,023 $0 $95,058 $105,919 $0 111.43%
2025 Private Passenger Auto - Collision 0.02% $376,322 $378,889 $0 $93,920 $117,738 $0 125.36%
2024 Total Property & Casualty 0.02% $4,248,949 $5,247,026 $0 $4,449,976 $3,279,739 $0 73.7%
2024 Total Private Passenger Auto 0.11% $3,384,305 $4,093,326 $0 $3,472,506 $2,356,504 $0 67.86%
2024 Private Passenger Auto Liability - Bodily Injury 0.09% $1,346,684 $1,680,580 $0 $1,337,312 $941,994 $0 70.44%
2024 Private Passenger Auto Liability - Property Damage 0.15% $1,624,365 $1,910,041 $0 $1,616,077 $1,027,549 $0 63.58%
2024 Private Passenger Auto Liability - Medical Payments 0.03% $29,361 $36,296 $0 $18,967 $-37,315 $0 -196.74%
2024 Private Passenger Auto Liability - Uninsured Motorists 0.11% $358,917 $438,121 $0 $500,150 $424,276 $0 84.83%
2024 Private Passenger Auto Liability - Underinsured Motorists 0.02% $24,978 $28,288 $0 $0 $0 $0 0%
2024 Private Passenger Auto - Comprehensive 0.02% $241,040 $314,648 $0 $303,327 $296,605 $0 97.78%
2024 Private Passenger Auto - Collision 0.04% $623,604 $839,052 $0 $674,143 $626,630 $0 92.95%
2023 Total Property & Casualty 0.05% $8,038,980 $8,104,264 $0 $5,354,025 $6,566,060 $0 122.64%
2023 Total Private Passenger Automobile 0.15% $8,038,980 $8,104,264 $0 $5,354,025 $6,566,060 $0 122.64%
2023 Private Passenger Auto Liability Bodily Injury 0.2% $2,642,473 $2,695,652 $0 $1,100,134 $1,553,708 $0 141.23%
2023 Private Passenger Auto Liability Property Damage 0.26% $2,625,659 $2,618,747 $0 $2,201,603 $2,892,302 $0 131.37%
2023 Private Passenger Auto Medical Payments 0.06% $49,330 $46,831 $0 $116,006 $177,336 $0 152.87%
2023 Private Passenger Uninsured Motorists 0.23% $643,265 $634,869 $0 $359,511 $483,398 $0 134.46%
2023 Private Passenger Underinsured Motorists 0.04% $40,422 $41,562 $0 $0 $0 $0 0%
2023 Private Passenger Auto Comprehensive 0.05% $555,194 $577,244 $0 $424,069 $375,223 $0 88.48%
2023 Private Passenger Auto Collision 0.1% $1,482,637 $1,489,359 $0 $1,152,702 $1,084,093 $0 94.05%
2022 Total Property & Casualty 0.04% $5,930,314 $4,942,256 $0 $2,647,335 $4,289,186 $0 162.02%
2022 Total Private Passenger Automobile 0.13% $5,930,314 $4,942,256 $0 $2,647,335 $4,289,186 $0 162.02%
2022 Private Passenger Auto Liability Bodily Injury 0.17% $2,023,466 $1,691,441 $0 $567,236 $1,451,238 $0 255.84%
2022 Private Passenger Auto Liability Property Damage 0.23% $1,950,963 $1,626,576 $0 $1,129,470 $1,545,768 $0 136.86%
2022 Private Passenger Auto Medical Payments 0.04% $32,075 $28,276 $0 $18,342 $-65,058 $0 -354.69%
2022 Private Passenger Uninsured Motorists 0.18% $451,698 $376,177 $0 $133,182 $402,382 $0 302.13%
2022 Private Passenger Underinsured Motorists 0.03% $27,071 $19,652 $0 $0 $0 $0 0%
2022 Private Passenger Auto Comprehensive 0.05% $421,588 $350,385 $0 $180,352 $247,365 $0 137.16%
2022 Private Passenger Auto Collision 0.08% $1,023,453 $849,749 $0 $618,753 $707,491 $0 114.34%
2021 Total Property & Casualty 0.01% $1,780,702 $745,461 $0 $172,693 $625,521 $0 362.22%
2021 Total Private Passenger Automobile 0.04% $1,780,702 $745,461 $0 $172,693 $625,521 $0 362.22%
2021 Private Passenger Auto Liability Bodily Injury 0.05% $610,636 $254,875 $0 $104,000 $228,000 $0 219.23%
2021 Private Passenger Auto Liability Property Damage 0.07% $584,217 $246,725 $0 $33,893 $92,233 $0 272.13%
2021 Private Passenger Auto Medical Payments 0.01% $11,621 $4,559 $0 $0 $90,500 $0 0%
2021 Private Passenger Uninsured Motorists 0.06% $136,844 $57,260 $0 $12,000 $24,000 $0 200%
2021 Private Passenger Underinsured Motorists 0.01% $5,194 $2,242 $0 $0 $0 $0 0%
2021 Private Passenger Auto Comprehensive 0.01% $125,384 $52,362 $0 $4,800 $46,648 $0 0%
2021 Private Passenger Auto Collision 0.03% $306,806 $127,438 $0 $18,000 $144,140 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2025 Private Passenger Auto 0.09% 7 348
2024 Private Passenger Auto 0.11% 7 355
2023 Private Passenger Auto 0.11% 3 161
2022 Private Passenger Auto 0.06% 1 115
2021 Private Passenger Auto 0.01% 0 0

Company Changes

This company does not have any company changes.

Market Regulation Actions

Date:
2025-03-06
PDF

Financial Exams

This company does not have any financial exams.