TRANSGUARD INSURANCE COMPANY OF AMERICA INC

Company Details

License Status:
Active
NAIC Number:
28886
Phone Number:
6308643500
Company Address:

4200 Six Forks Rd, Suite 1400
Raleigh, NC 27609

Description:
Property and Casualty
License Number:
B421635
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 0.02% $2,697,368 $3,010,247 $437,691 $716,025 23.79%
2023 Total Fire & Allied Lines 0.02% $128,603 $204,780 $0 $-52,716 -25.74%
2023 Commercial Fire & Allied Lines 0.04% $128,603 $204,780 $0 $-52,716 -25.74%
2023 Commercial Multi-Peril 0.02% $244,603 $164,814 $0 $61,544 37.34%
2023 Inland Marine (Incl Auto Cargo) 0.19% $1,054,930 $906,777 $176,342 $61,652 6.8%
2023 Earthquake 0% $2,213 $1,842 $0 $425 23.07%
2023 Direct Workers Compensation 0.02% $205,075 $388,354 $54,314 $171,526 44.17%
2023 Other Liability - Bodily Injury & Property Damage 0.02% $144,832 $206,503 $0 $89,801 43.49%
2023 Total Commercial Automobile 0.09% $909,036 $1,129,147 $207,035 $386,106 34.19%
2023 Commercial Auto Liability Bodily Injury 0.13% $676,181 $840,215 $76,630 $254,525 30.29%
2023 Commercial Auto Medical Payments 0.11% $8,005 $16,194 $0 $4,906 30.3%
2023 Commercial Auto Uninsured Motorists 0.01% $4,740 $6,947 $0 $2,104 30.29%
2023 Commercial Auto Comprehensive 0.06% $66,047 $72,103 $19,561 $33,793 46.87%
2023 Commercial Auto Collision 0.08% $154,063 $193,688 $110,844 $90,778 46.87%
2023 Burglary & Theft 0.06% $4,576 $4,492 $0 $-2,988 -66.52%
2023 Boiler & Machinery 0.01% $3,500 $3,538 $0 $675 19.08%
2022 Total Property & Casualty 0.02% $2,854,203 $2,520,811 $703,962 $1,392,306 55.23%
2022 Total Fire & Allied Lines 0.06% $302,872 $299,065 $0 $84,174 28.15%
2022 Dwelling Fire & Allied Lines 0.2% $302,872 $299,065 $0 $84,174 28.15%
2022 Inland Marine (Incl Auto Cargo) 0.16% $860,643 $824,321 $484,902 $616,126 74.74%
2022 Earthquake 0% $10 $8 $0 $0 0%
2022 Direct Workers Compensation 0.04% $436,216 $400,233 $116,738 $484,804 121.13%
2022 Other Liability - Bodily Injury & Property Damage 0.03% $214,329 $154,876 $-1,000 $53,864 34.78%
2022 Total Commercial Automobile 0.11% $1,035,430 $837,614 $103,322 $152,012 18.15%
2022 Commercial Auto Liability Bodily Injury 0.16% $768,180 $624,507 $72,673 $146,602 23.47%
2022 Commercial Auto Medical Payments 0.27% $19,155 $10,751 $0 $2,524 23.48%
2022 Commercial Auto Uninsured Motorists 0.02% $7,424 $4,420 $0 $1,038 23.48%
2022 Commercial Auto Comprehensive 0.05% $62,226 $60,007 $3,000 $560 0.93%
2022 Commercial Auto Collision 0.1% $178,445 $137,929 $27,649 $1,288 0.93%
2022 Burglary & Theft 0.05% $3,907 $4,519 $0 $1,413 31.27%
2022 Boiler & Machinery 0% $796 $175 $0 $-87 -49.71%
2021 Total Property & Casualty 0.02% $2,038,081 $1,695,517 $373,372 $459,005 27.07%
2021 Total Fire & Allied Lines 0.04% $284,623 $243,458 $0 $49,710 20.42%
2021 Dwelling Fire & Allied Lines 0.2% $284,623 $243,458 $0 $49,710 20.42%
2021 Inland Marine (Incl Auto Cargo) 0.14% $654,170 $642,850 $215,509 $291,974 45.42%
2021 Direct Workers Compensation 0.03% $284,093 $190,075 $56,869 $-156,992 -82.59%
2021 Other Liability - Bodily Injury & Property Damage 0.02% $127,026 $99,916 $6,331 $55,227 55.27%
2021 Total Commercial Automobile 0.08% $683,056 $514,570 $94,663 $219,275 42.61%
2021 Commercial Auto Liability Bodily Injury 0% $2,119 $1,974 $0 $713 36.12%
2021 Commercial Auto Liability Property Damage 0.38% $499,805 $368,509 $56,061 $133,080 36.11%
2021 Commercial Auto Medical Payments 0.11% $7,285 $7,217 $0 $2,606 36.11%
2021 Commercial Auto Uninsured Motorists 0.01% $2,800 $2,599 $0 $939 36.13%
2021 Commercial Auto Comprehensive 0.05% $53,233 $38,437 $16,876 $23,456 61.02%
2021 Commercial Auto Collision 0.07% $117,814 $95,834 $21,726 $58,481 61.02%
2021 Burglary & Theft 0.08% $5,120 $4,219 $0 $-290 -6.87%
2021 Boiler & Machinery 0% $-7 $429 $0 $101 23.54%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Homeowners 0.01% 0 0
2022 Homeowners 0.01% 0 0
2021 Homeowners 0% 0 0

Company Changes

This company does not have any company changes.

Market Regulation Actions

Date:

Financial Exams

This company does not have any financial exams.