Company Details
License Status:
Active
NAIC Number:
10324
Phone Number:
8003327977
Company Address:
PO Box 73909
Cedar Rapids, IA 52407-3909
Description:
Property and Casualty
License Number:
B420322
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.06% | $9,774,372 | $9,873,145 | $5,325,335 | $4,741,941 | 48.03% |
| 2023 | Total Fire & Allied Lines | 0.26% | $2,009,242 | $2,161,584 | $1,349,107 | $1,375,092 | 63.62% |
| 2023 | Dwelling Fire & Allied Lines | 0.87% | $2,009,242 | $2,161,584 | $1,349,107 | $1,375,092 | 63.62% |
| 2023 | Commercial Multi-Peril | 0.08% | $863,104 | $802,256 | $210,960 | $179,992 | 22.44% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.14% | $769,652 | $707,309 | $327,874 | $340,729 | 48.17% |
| 2023 | Earthquake | 0.03% | $48,709 | $49,428 | $0 | $1,488 | 3.01% |
| 2023 | Direct Workers Compensation | 0.02% | $192,880 | $153,806 | $491,440 | $409,424 | 266.2% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.21% | $2,003,741 | $2,064,952 | $555,957 | $-170,357 | -8.25% |
| 2023 | Products Liability | 1.36% | $672,764 | $710,095 | $244,150 | $615,653 | 86.7% |
| 2023 | Total Commercial Automobile | 0.3% | $3,106,533 | $3,116,597 | $2,141,567 | $1,983,363 | 63.64% |
| 2023 | Commercial Auto Liability Bodily Injury | 0.21% | $1,063,217 | $1,082,768 | $1,075,000 | $511,143 | 47.21% |
| 2023 | Commercial Auto Liability Property Damage | 0.56% | $802,076 | $816,825 | $384,507 | $631,569 | 77.32% |
| 2023 | Commercial Auto Medical Payments | 0.29% | $21,815 | $21,402 | $1,104 | $9,602 | 44.86% |
| 2023 | Commercial Auto Uninsured Motorists | 0.14% | $56,990 | $59,694 | $100,000 | $308,023 | 516% |
| 2023 | Commercial Auto Comprehensive | 0.33% | $398,016 | $382,281 | $229,388 | $230,427 | 60.28% |
| 2023 | Commercial Auto Collision | 0.38% | $764,419 | $753,627 | $351,568 | $292,599 | 38.83% |
| 2023 | Burglary & Theft | 0.06% | $5,003 | $5,019 | $0 | $0 | 0% |
| 2023 | Boiler & Machinery | 0.22% | $102,744 | $102,099 | $4,280 | $6,557 | 6.42% |
| 2022 | Total Property & Casualty | 0.07% | $9,868,503 | $10,191,841 | $2,595,343 | $5,668,537 | 55.62% |
| 2022 | Total Fire & Allied Lines | 0.46% | $2,227,961 | $2,320,395 | $332,918 | $453,656 | 19.55% |
| 2022 | Commercial Fire & Allied Lines | 0.7% | $2,227,961 | $2,320,395 | $332,918 | $453,656 | 19.55% |
| 2022 | Commercial Multi-Peril | 0.08% | $757,328 | $961,176 | $11,302 | $175,296 | 18.24% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.13% | $685,642 | $661,626 | $85,716 | $236,158 | 35.69% |
| 2022 | Earthquake | 0.04% | $50,114 | $42,800 | $0 | $1,034 | 2.42% |
| 2022 | Direct Workers Compensation | 0.02% | $159,898 | $208,684 | $663,314 | $645,984 | 309.55% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.25% | $2,157,376 | $2,128,697 | $102,212 | $1,449,073 | 68.07% |
| 2022 | Products Liability | 1.6% | $703,718 | $683,127 | $313,000 | $54,945 | 8.04% |
| 2022 | Total Commercial Automobile | 0.31% | $3,020,807 | $3,066,830 | $1,023,284 | $2,590,589 | 84.47% |
| 2022 | Commercial Auto Liability Bodily Injury | 0.22% | $1,058,776 | $1,068,968 | $178,995 | $1,176,036 | 110.02% |
| 2022 | Commercial Auto Liability Property Damage | 0.53% | $798,726 | $806,414 | $291,424 | $371,886 | 46.12% |
| 2022 | Commercial Auto Medical Payments | 0.27% | $19,085 | $18,299 | $2,265 | $5,360 | 29.29% |
| 2022 | Commercial Auto Uninsured Motorists | 0.17% | $63,788 | $63,083 | $0 | $523,917 | 830.52% |
| 2022 | Commercial Auto Comprehensive | 0.29% | $363,923 | $372,108 | $116,217 | $98,355 | 26.43% |
| 2022 | Commercial Auto Collision | 0.39% | $716,509 | $737,958 | $434,383 | $415,035 | 56.24% |
| 2022 | Burglary & Theft | 0.07% | $5,149 | $5,892 | $0 | $0 | 0% |
| 2022 | Boiler & Machinery | 0.26% | $100,510 | $112,614 | $63,597 | $61,802 | 54.88% |
| 2021 | Total Property & Casualty | 0.08% | $10,473,118 | $11,550,196 | $6,263,381 | $6,508,937 | 56.35% |
| 2021 | Total Fire & Allied Lines | 0.36% | $2,393,399 | $2,251,349 | $1,816,730 | $965,016 | 42.86% |
| 2021 | Commercial Fire & Allied Lines | 0.72% | $2,393,399 | $2,251,349 | $1,816,730 | $965,016 | 42.86% |
| 2021 | Commercial Multi-Peril | 0.15% | $1,385,990 | $1,875,494 | $1,431,728 | $1,106,603 | 59% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.15% | $690,231 | $681,894 | $306,488 | $302,470 | 44.36% |
| 2021 | Earthquake | 0.03% | $36,290 | $31,960 | $0 | $-301 | -0.94% |
| 2021 | Direct Workers Compensation | 0.03% | $258,890 | $266,947 | $526,607 | $412,546 | 154.54% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.25% | $1,995,569 | $2,219,768 | $576,913 | $1,522,566 | 68.59% |
| 2021 | Products Liability | 1.49% | $605,292 | $656,387 | $323,926 | $741,592 | 112.98% |
| 2021 | Total Commercial Automobile | 0.33% | $2,972,009 | $3,420,613 | $1,249,616 | $1,426,726 | 41.71% |
| 2021 | Commercial Auto Liability Bodily Injury | 0.23% | $1,037,087 | $1,196,766 | $236,725 | $597,513 | 49.93% |
| 2021 | Commercial Auto Liability Property Damage | 0.59% | $782,364 | $902,824 | $311,713 | $169,152 | 18.74% |
| 2021 | Commercial Auto Medical Payments | 0.25% | $16,800 | $18,128 | $5,000 | $5,997 | 33.08% |
| 2021 | Commercial Auto Uninsured Motorists | 0.22% | $64,291 | $73,759 | $95,000 | $74,955 | 101.62% |
| 2021 | Commercial Auto Comprehensive | 0.35% | $359,222 | $386,664 | $271,801 | $262,579 | 67.91% |
| 2021 | Commercial Auto Collision | 0.41% | $712,245 | $842,472 | $329,377 | $316,530 | 37.57% |
| 2021 | Burglary & Theft | 0.11% | $7,176 | $7,263 | $0 | $88 | 1.21% |
| 2021 | Boiler & Machinery | 0.34% | $128,272 | $138,521 | $31,373 | $31,631 | 22.83% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Homeowners | 0.02% | 0 | 0 |
Company Changes
Effective Date:
Market Regulation Actions
Date:
Financial Exams
This company does not have any financial exams.
Addison Insurance Co. redomesticated from Illinois to Iowa.