AMERICAN AGRI-BUSINESS INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
12548
Phone Number:
8064730333
Company Address:

7101 82ND STREET
LUBBOCK, TX 79424

Description:
Property and Casualty
License Number:
B420645
Date Admitted:

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
2023 Total Property & Casualty 0.49% $77,526,254 $77,648,060 $34,963,989 $63,807,317 82.18%
2023 Growing Crops 19.81% $5,966,134 $5,965,232 $4,895,554 $8,534,906 143.08%
2023 Federal Crop Insurance Corporation 18.03% $71,560,120 $71,682,828 $30,068,435 $55,272,411 77.11%
2022 Total Property & Casualty 0.6% $87,263,110 $88,823,028 $31,322,317 $26,629,756 29.98%
2022 Growing Crops 15.83% $7,057,801 $7,057,801 $3,316,323 $3,720,604 52.72%
2022 Federal Crop Insurance Corporation 12.52% $80,205,309 $81,765,227 $28,005,994 $22,909,152 28.02%
2021 Total Property & Casualty 0.54% $71,676,846 $69,972,142 $21,929,359 $46,368,011 66.27%
2021 Growing Crops 27.38% $4,718,179 $4,719,904 $3,114,655 $4,785,136 101.38%
2021 Federal Crop Insurance Corporation 25.98% $66,958,667 $65,252,238 $18,814,704 $41,582,875 63.73%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

Effective 12/28/2020, CGB Insurance Company merged with and into the above company.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.