The Mississippi Insurance Department is looking toward the future. We are dedicated to creating a competitive marketplace for the sale of insurance while providing Mississippi citizens with the maximum amount of consumer protection. MISSISSIPPI INSURANCE DEPARTMENT 1001 Woolfolk State Office Bldg., 501 N. West St., Jackson, MS 39201-@MSInsuranceDept 800-562-2957-www.mid.ms.gov 2016 ANNUAL REPORT MIKE CHANEY COMMISSIONER OF INSURANCE STATE FIRE MARSHAL
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2016 ANNUAL REPORT EPARTMENT St., Jackson, …NAIC System for Electronic Rate and Form Filing (SERFF) in 2016. The Property and Casualty Rating Division closed 3,900 electronic filings
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Transcript
The Mississippi Insurance Department is looking
toward the future. We are dedicated to creating a
competitive marketplace for the sale of insurance
while providing Mississippi citizens with the maximum
amount of consumer protection.
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2016 ANNUAL REPORT
MIKE CHANEY COMMISSIONER OF INSURANCE
STATE FIRE MARSHAL
As Commissioner of Insurance it is my honor to submit the annual report of the Mississippi Insurance Department for the period of January 1, 2016, through December 31, 2016.
This report has been compiled from the records of approximately 2,279 insurance companies licensed or qualified to conduct the business of insurance within the State of Mississippi.
This report includes the financial summaries, underwriting experiences and recapitulation of the insurance business written within the State of Mississippi. This report also includes licenses issued, taxes, fees and assessments collected from the insurance industry along with a summary of the duties and activities of the department.
The Commissioner of Insurance is charged with ensuring that all laws relating to matters under his supervision are faithfully executed. The goal of the Mississippi Insurance Department is to become more efficient and responsive to the needs of the general public while encouraging a fair and competitive market for insurance.
My staff and I are very proud to serve the people of Mississippi.
Respectfully submitted,
Mike Chaney Commissioner of Insurance State Fire Marshal
Elevator Safety Division Fees 2016……………………………………………………………….
Fees Collected for Calendar Year 2016…………………………………………………………..
Summary of Financial Condition and Mississippi Premiums & Losses
Business in Mississippi for Calendar Year 2016…………………………………………………
Licensed Insurers filing on Property/Casualty Blank…………………………………………….
Licensed Insurers filing on Life Blank……………………………………………………..
Licensed Insurers filing on Fraternal Blank……………………………………………………….
Licensed Insurers filing on Title Blank…………………………………………………………….
Licensed Insurers filing on Health Blank………………………………………………………….
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EXECUTIVE SUMMARY
STATE OF MISSISSIPPI
1001 Woolfolk Building (39201) Post Office Box 79
Jackson, Mississippi 39205-0079 (601) 359-3569
www.mid.ms.gov
MIKE CHANEY Commissioner of Insurance State Fire Marshal MARK HAIRE Deputy Commissioner
The Mississippi Insurance Department (MID) continues moving forward to provide a healthy insurance market and to be an advocate for the consumers of this state. Our goal is to create the highest degree of economic security, quality of life, public safety and fire protection for the state’s citizens at the lowest possible cost. This is accomplished through a variety of initiatives including the regulation of the insurance and liquefied compressed gas industries and development of statewide fire services. The MID licenses and monitors the activities of more than 131,000 licensees, including 96,922 insurance producers, 3,730 surplus lines brokers, 1,557 bail bond agents, 7,515 Insurance Producer Entities, 76 MGAs and 302 TPAs. There are over 360,000 active certificates of authority. Additionally, in 2016 the MID handled 107 administrative licensure matters in which the department imposed fines and penalties against insurance producers totaling $33,000. The Investigations and Consumer Protection Division assisted in obtaining over $101,655 in premium refunds for consumers and investigated over 600 complaints. The MID once again received its accreditation by the National Association of Insurance Commissioners (NAIC) for another five-year term. The Financial and Market Regulation Division monitored the financial solvency of 2,279 companies with over $13.5 billion in premiums written in Mississippi. The division collected $1.4 million in filing fees, analyzed 464 domestic company filings, and commenced 13 examinations. The division also managed $37.8 million in pledged securities, participated in 5 multi-state collaborative actions and assessed the financial condition and operations of 86 companies that applied for a license to operate in Mississippi. There were 2,681 Life & Health form filings reviewed and processed through the automated NAIC System for Electronic Rate and Form Filing (SERFF) in 2016. The Property and Casualty Rating Division closed 3,900 electronic filings through SERFF from January 1, 2016, through December 31, 2016. Various extraneous regulated lines continue to file using paper format, however, the number for 2016 was less than 1% of all filings. All paper filings are entered into the SERFF system and maintained in an electronic format eliminating paper copies. Certain Property and Casualty Rate and Form Filings are available for public review following implementation of the SERFF Filing Access program in 2015. Our Consumer Services Division received and processed in excess of 16,345 telephone calls and requests for assistance in 2016. In addition,1,790 formal written complaints were handled resulting in over $3,100,000 in additional funds being paid to policyholders. During 2016, the MID returned $39,769,720 in revenues from surplus lines and privilege license fees to the state’s general fund. Admitted company premium tax collected by the Department of Revenue totaled $310,545,751. House Bill 2362 passed in the 2016 Legislative Session which transferred funds collected by MID into the state general fund.
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EXECUTIVE SUMMARY (Continued)
MID’s new and existing programs continue to see great success in bringing available and af-fordable insurance to all Mississippians. Health insurance continued to be a major focus of work for MID in 2016. In actuality, the ACA brought MID a much larger role in health insurance than it has had before. The department works diligently to stay abreast of the law and its requirements. The passage of Senate Bill 2664, served to establish an online database that tracks every bail bond an agent writes in the state. The database was launched in October 2016, and was a major accomplishment in efforts to bring accountability to a Mississippi industry that is beset by a lack of regulation. While fulfilling the stated goals of the Mississippi Insurance Department’s mission, unforeseen disasters continued to impact the duties of the MID during 2016. MID staff and Deputy State Fire Marshals responded quickly and efficiently during these events to assist Mississippians as well as consumers in surrounding states. Torrential rains led to significant flooding in the state in March 2016. Mississippi Insurance Department employees and State Fire Marshals provided whatever assistance they could to flood victims. This included helping those who suffered losses identify insurance carriers, making contact with them, and doing whatever was necessary to start these homeowners and residents on the path to recovery. The MID requested and was granted by the Federal Emergency Management Agency (FEMA) an extension that allowed flood victims extra time to file their claims. In 2016, the Elevator and Building Safety Division verified 3,147 inspections completed by inspectors licensed by the state and issued 27 elevator contractor licenses, 46 elevator inspector licenses, and 237 elevator mechanic licenses. The division collected $156,080 in license, permit, and inspection fees. Twelve new bulletins were issued in 2016 addressing the following: company appointment renewals, compliance standards for the sale of burglar bars, clarification on how and when employees must be counted for the purpose of determining group health plan size, implementation of the date change for Mississippi small group composite rating methodology, form and rate filing deadline extension, Small Business Health Options Program marketplace, rate filing guidance for individual, small group, and stand-alone dental plans in Mississippi, compliance with the Mississippi Vehicle Insurance Verification System, administrative licenses to be issued via electronic mail, compliance with the electronic bondsmen registry and bail bond database, and changes to insurance adjuster and public adjuster licensing requirements. There were a number of bills relevant to the Mississippi Insurance Department and the State Fire Marshal’s Office and signed into law after the 2016 session of the Mississippi Legislature. These bills addressed the following issues: 1. Motor Vehicle Safety-Responsibility Act requiring a Certificate of Insurance be provided to
DPS for reinstatement of driver’s license suspended under the implied consent laws 2. Revise provisions of the law regarding the time for which an assignment must be honored 3. Revise eligibility of coverage and clarifies when enrollment may be closed for the Comprehensive Health Insurance Risk Pool,
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EXECUTIVE SUMMARY (Continued)
4. Require the Commissioner of Insurance to issue licenses and regulate Transportation Network Companies (TNC), i.e. UBER/LYFT 5. Change the risk-based capital requirements of a company action level event for a life and/ or health insurer 6. Bail Bond Industry Transparency and Accountability Act 7. Authority to enjoin an insurance licensee from unlawful activities and to take action against
nonresident insurance producers licensed in Mississippi whose license is denied, suspended or revoked in their home state
9. Define causes of death covered under the Public Safety Officers Benefit Act of 1976 or the Hometown Heroes Survivors Benefits Act of 2003 and revise cause of death language for the Law Enforcement Officers Death Benefits Trust Fund
10. Revise Fire Protection Districts manner of increasing special taxes 11. Mississippi Budget Simplification and Transparency Act of 2016. The Mississippi State Fire Marshal’s Office continued diligent efforts to reduce fire deaths in the state. There were a total of 55 fire deaths in Mississippi in 2016. In a partnership with Vision 20/20, a national project that is dedicated to providing national strategies in fire prevention across the country, the State Fire Marshal’s Office distributed over 3,000 smoke alarms to fire departments throughout the state for distribution to property owners Since 2009, Mississippi’s fire death rate has been reduced by over 35%. The MID/State Fire Marshal Fire Services Development Division oversees the accountability and distribution of state fire funds to counties and municipalities. In 2016, the Fire Services Division received and processed 2,000 compliance documents to support the issuance of state fire rebate funds. It disbursed $19.6 million in rebate funds to counties and municipalities that met the compliance requirements. Before fire departments are eligible to receive rebate funds, they are required to report all fire incidents in the state incident reporting system which is administered by the division. Fire departments reported 189,320 incidents in 2016. The Rural Fire Truck Acquisition Assistance Program (RFTAAP) dispersed $1.5 million, and the Supplemental Rural Fire Truck Acquisition Assistance Program dispersed $350,000, in appropriated funds in 2016. Other significant accomplishments for the Mississippi State Fire Marshal’s Office in 2016 included assuming arson investigation duties for forest fires for the Mississippi State Forestry Commission and establishing a telemedicine medical health plan for volunteer firefighters across the state. (The volunteer firefighter telemedicine program ended following a lack of funding and the passage of House Bill 2362.) The Mississippi State Fire Academy trained 15,312 students statewide during 2016. The academy delivered courses to career, volunteer, and industrial firefighters from across the state, nation, and the world. Improvements and additions to the academy continue. Commissioner Mike Chaney was sworn in for his third term as Mississippi’s Insurance Commissioner in January 2016. Key issues for the coming year, 2017, remain health care, flood insurance and reducing fire deaths.
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Commissioner of Insurance State Fire Marshal
Mike Chaney
Organization
Deputy Commissioner of Insurance
Legal Affairs and General Counsel
Division
Regulatory Activities
Statutory Compliance Division
Support Activities Other Regulatory Activities
Financial and Market Regulation Division
Information Technology Division
Public Relations Division
Consumer Services Division
Property and Casualty Rating Division
Licensing Division
Administrative Services Division
State Fire Marshal Division
Fire Services Development
Division
Liquefied Compressed Gas
Division
State Fire Academy (Sub-Agency)
Investigation/Fraud Division
Actuary/Health Care Reform Division
Elevator and Building Safety Division
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Commissioner of Insurance
Commissioner Elected to a four-year term and may be re-elected. Charged with execution of all laws relative to insurance companies, corporations, associations and
fraternal orders, their agents and adjusters. Licenses and regulates the practices of all insurance companies, agents, burial associations,
fraternal societies, bail bondsmen, and other entities engaged in the business of insurance. As State Fire Marshal, acting through the State Chief Deputy Fire Marshal, investigates all fires
called to his attention occurring in the state, licenses manufacturers, installers/transporters and dealers of manufactured houses and regulates their practices.
Through the Fire Service Development Division, establishes guidelines, use and accountability for municipal and county fire protection funds.
Administers the Liquefied Compressed Gas Equipment Law and enforces the National Fire Protection Association Code.
Serves on the boards of, provides administrative services to, and/or appoints board members to a minimum of 16 different boards, groups, or associations.
Directs the Mississippi Surplus Lines Association (MSLA). MSLA has no separate regulatory powers and enables the department to ensure that proper premium taxes are paid to the State of Mississippi. As a result of this law, the state receives additional taxes that were not received in previous years.
Mike Chaney, Mississippi’s 11th Commissioner of Insurance and State Fire Marshal, is serving his third term. His priorities remain steadfastly committed to consumer protection and application of technology for efficiency of the department to serve the state and consumers. He is leading the department in making strides in healthcare reform; disaster recovery from flood, tornado and hurricane events; bail bond industry reform; and reductions in state fire deaths. An active member of the NAIC, he serves on numerous committees, task forces and working groups addressing such issues as examination oversight, accounting practices, producer licensing, health insurance and managed care, senior issues, catastrophe and property and casualty insurance.
Mike Chaney
Mark Haire
Mark Haire has served as Deputy Commissioner of Insurance since July 1, 2009. Prior to being named Deputy Commissioner, Haire served as General Counsel for the MID. He is a graduate of Mississippi College and Mississippi College School of Law.
Deputy Commissioner of Insurance
Deputy Commissioner Oversees all insurance companies the commissioner has placed into administrative supervision,
rehabilitation and liquidation. In this capacity Mr. Haire utilizes his Special Counsel role by attending court hearings as well as overseeing and coordinating multiple lawsuits and other legal matters.
Serves as the commissioner's designee/representative on numerous boards such as the Mississippi wind pool, Mississippi Guaranty Association, and the Mississippi Life, Accident and Health Guaranty Association.
Acts as Commissioner of Insurance during the Commissioner’s absence or inability to act by performing any and all duties of the Commissioner.
Serves as Hearing Officer for Mississippi Insurance Department administrative hearings.
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Commissioner of Insurance or his designee attends meetings of the Mississippi Automobile Insurance Plan which was created to provide automobile insurance coverage to eligible individuals who are unable to obtain such coverage through the voluntary market. Miss. Code Ann., § 63-15-65.
Commissioner of Insurance, as State Fire Marshal appoints one member and designates an employee of the State Fire Academy to this seven member board which advises the State Fire Marshal with respect to the rules and regulations of the provisions in the Mississippi Residential Electronic Protection Licensing Act. This code sets forth the rules and regulations to establish statewide uniform procedures and qualifications for the licensure of individuals and companies to provide electronic protective systems to the general public. Miss.Code Ann., §73-69-21.
Commissioner of Insurance appoints a member of the State Fire Marshal’s Office as his designee to serve, ex-officio, non-voting on this 11 member board. At its first meeting the board adopted by reference only the latest additions of the discretionary statewide minimum building codes. The purpose of the board is to oversee the provisions of that portion of the Miss. Code Ann., § 17-2-1, which requires Hancock, Harrison, Jackson, Stone, and Pearl River counties and municipalities located therein to enforce wind and flood mitigation requirements of certain nationally recognized building codes and standards. Miss. Code Ann., §17-2-3.
Commissioner of Insurance serves on the Boards of, provides administrative services to, and/or appoints board members
to the various organizations outlined below:
Mississippi Automobile Insurance Plan
Mississippi Building Codes Council
Mississippi Comprehensive Health Insurance Risk Pool Association Commissioner of Insurance appoints six members to this eleven member board. This association provides a mechanism to make health and accident insurance coverage available to those citizens of Mississippi who, because of health conditions, cannot secure such coverage. Miss. Code Ann., § 83-9-211.
Mississippi Fire Personnel Minimum Standards and Certification Board
Commissioner of Insurance serves as an ex-officio member of this 11 member board. The Executive Director of the State Fire Academy serves as an ex-officio member of this board. Miss. Code Ann., § 45-11-251.
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Commissioner of Insurance approves the members of this board which consists of not less than five nor more than nine members. The association assists in the detection and prevention of insurer insolvencies and provides a mechanism for payment of covered claims for insurance policies written by licensed property and casualty insurance companies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of insurer insolvencies. Miss. Code Ann., § 83-23-101 et. seq.
Commissioner of Insurance approves the members of this board which consists of not less than five nor more than nine members. The association assists in the detection and prevention of insurer insolvencies and provides a mechanism for payment of covered claims for insurance policies written by licensed life and health insurance companies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of insurer insolvencies. Miss. Code Ann., § 83-23-201 et. seq.
Commissioner of Insurance serves on this board which provides coverage to governmental entities for every risk for which the board determines the respective governmental entities to be liable in the event of a claim or suit for injuries. Miss. Code Ann., § 11-46-18.
Commissioner of Insurance approves the plan of operation of this board and appoints three members to the board, which coordinates the availability of wind and hail coverage in the six Mississippi coastal counties (Hancock, Harrison, Jackson, Pearl River, Stone, and George). Additionally, a designee of the commissioner attends each meeting of the association. Miss. Code Ann., § 83-34-1 et. seq.
Commissioner of Insurance approves the plan of operation of this association which is charged with providing essential property insurance coverage to eligible individuals who have been unable to secure such insurance through the voluntary market. Miss. Code Ann., § 83-38-1 et. seq.
Mississippi Insurance Guaranty Association (Property and Casualty)
Mississippi Life and Health Insurance Guaranty Association
Mississippi Residential Property Insurance Underwriting Association
Mississippi Tort Claims Board
Mississippi Windstorm Underwriting Association
Mississippi Fire Prevention Code Board of Adjustments and Appeals Commissioner of Insurance appoints five members to this board per the Standard Fire Prevention Code, as adopted in Miss. Code Ann., §45-11-103.
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Commissioner of Insurance oversees this board which is vested with the power to regulate matters pertaining to liquefied compressed gas in Mississippi. The commissioner appoints seven members to this board, including one from each of Mississippi’s four congressional districts as well as three at-large members. Miss. Code Ann., § 75-57-1 et. seq.
Commissioner of Insurance chairs this committee which is responsible for reviewing all applications for compliance in regard to established guidelines for applicants to the Rural Fire Truck Acquisition Assistance Program. Miss. Code Ann., § 17-23-1.
Commissioner of Insurance appoints a designee to serve on this council which is responsible for advising the State and School Employees Health Insurance Management Board concerning the design of a state insurance plan for state employees. Miss. Code Ann., § 25-15-9.
Commissioner of Insurance, pursuant to Miss. Code Ann., §25-15-303, serves on this board which shall administer the State and School Employees Life and Health Insurance Plan provided for by Miss. Code Ann., § 25-15-3 et. seq. The board oversees the activities of the statewide Children’s Health Insurance Program, established under Title XXI of the Social Security Act, to provide child health care assistance to targeted, uninsured, low-income children.
Rural Fire Truck Acquisition Assistance Review Committee
State and School Employees Health Insurance Management Board
State Employees Health Insurance Board Advisory Council
State Liquefied Compressed Gas Board
Mississippi Workers’ Compensation Assigned Risk Plan / Mississippi Workers’ Compensation Assigned Risk Pool
Commissioner of Insurance is responsible for administration of the Mississippi Workers’ Compensation Assigned Risk Plan, and its reinsurance mechanism, the Mississippi Workers’ Compensation Assigned Risk Pool, as stipulated in Miss. Code Ann., § 71-3-111. The plan and pool are organized to provide coverage to eligible employers who seek workers compensation coverage and are unable to obtain such coverage through the voluntary market.
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REGULATORY ACTIVITIES
Legal Affairs and General Counsel Division
DUTIES AND RESPONSIBILITIES Provides legal support to the Commissioner of Insurance, Deputy Commissioner, and the MID
technical and professional staff to ensure compliance with state law and department rules and regulations.
Represents the commissioner in receiverships, liquidations and insolvencies of insurance companies, disciplinary actions against companies and agents, and in other legal matters.
Provides legal counsel to MID and the State Fire Academy regarding personnel matters Prepares and assists with the drafting and passage of the MID’s Legislative Packet, and assists
in implementing any passed legislation. Assists with company action and statutory compliance matters, including company formations,
mergers, acquisitions, disclaimers of affiliation, and redomestications of insurers. Performs the drafting and review of all contractual matters and any Requests for Proposals. Assists in the review of company form and rate filings. Assists in consumer complaint investigations and insurance producer investigations Serves as counsel for Commissioner of Insurance, State Fire Marshal Division, Liquefied
Compressed Gas Division, Mississippi State Fire Academy and the Minimum Standards Board.
2016– Provided legal assistance and counsel regarding four (4) domestic company actions involving
company formations, mergers and acquisitions, and one (1) company liquidation Pursuant to the Administrative Procedures Act, promulgated three (3) regulations and twelve
(12) advisory bulletins Pursuant to the Public Records Act, provided production documents to sixty-nine (69) public
records requests. Prepared the 2016 MID Legislative Packet and helped MID implement and comply with the
provisions enacted under the Bail Bond Industry and Transparency Act and the Transportation Companies Act.
Represented the MID in fifty-two (52) administrative licensure matters resulting in fines and administrative penalties against insurance producers totaling $33,000.00:
Enforcement Action – 11 fines Enforcement Action – 17 revocations of license Enforcement Action – 9 license denials Enforcement Action – 12 voluntary surrenders of license Enforcement Action – 1 cease and desist order
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REGULATORY ACTIVITIES
Investigations/Fraud Division
2016 – Was involved in obtaining $101,655.00 in refunds/recoveries for consumers Investigated or handled by correspondence over 600 complaints Enforcement actions –11 fines totaling $26,500.00 Enforcement actions - 17 revocations of license Enforcement actions - 9 license denials Enforcement actions - 12 voluntary surrenders of license Enforcement actions - 1 cease and desist
DUTIES AND RESPONSIBILITIES
Reviews alleged improper activities of agents and/or companies. Reviews financial statements and other documents for the purpose of detecting fraud and
violations of state and federal law. Renders assistance to and obtains the cooperation of federal, state, county and municipal law
enforcement agencies and prosecutors. Performs field investigations and surveillance as necessary. Collects, coordinates and presents evidence to legal staff for use in administrative hearings and
to law enforcement agencies for prosecution of criminal activities. Testifies at hearings and in court. Consults with staff attorneys and Special Assistant Attorneys General assigned to the
department to develop rules, regulations, and guidelines to protect consumers. Maintains contact with State Insurance Fraud Investigation Divisions in other states (through the
NAIC/Antifraud Task Force). Reviews insurance license applications of individuals with a criminal record to determine
Financial and Market Regulation Division
2016 - Monitored the solvency of 2,279 companies with $13.5 billion premium written in Mississippi
Collected $1.4 million in filing fees
Analyzed 464 domestic company filings
Commenced 13 examinations
Managed $37.8 million in pledged securities Participated in 5 multi-state collaborative actions
Assessed the financial condition and operations of 86 entities applying for a license to operate in Mississippi
Monitored the company operations of 648 domestic and foreign companies
Received accreditation by the National Association of Insurance Commissioners (NAIC) for another five-year term
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Financial and Market Regulation Division
DUTIES AND RESPONSIBILITIES Analyzes filings, contracts, agreements and transactions Performs Financial & Market Conduct Examinations Reviews entities applying to operate in Mississippi Assisting the commissioner with companies that are in administrative supervision, rehabilitation
or liquidation Represents the commissioner on various NAIC committees, task forces, working groups and
participating in various NAIC conference calls Pursues continuing education and keeping current on the latest regulatory developments Maintains the department’s accreditation status
REGULATORY ACTIVITIES
2016 Admissions Activity*
Accredited Reinsurers Auto Clubs
Fraternal Large Health Maintenance Organization
Life Insurers Property Casualty Insurers‐multi line
Property Casualty Insurers‐single line Risk Retention Groups
Surplus Lines – Foreign Third Party Administrators
Trusteed Reinsurers
*NOTE –There were no legal expense, auto club, fraternal large, health maintenance organizations or title insurer admissions in 2016. Risk purchasing groups are no longer reviewed by this division.
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Statutory Compliance Division
DUTIES AND RESPONSIBILITIES Issues new, amended and annual renewal licenses to insurers. Reviews corporate transactions of domestic, foreign and alien insurers, health maintenance
organizations (HMOs), societies, auto clubs and associations doing business or applying for licensure in Mississippi for compliance with MS statutes and regulations.
Disseminates corporate and license information of insurers to consumers, businesses, attorneys, insurer professionals, and other state agencies on a daily basis.
Maintains the computer records and corporate files of the licensed insurers, eligible non-admitted insurers, residual markets, rate service and advisory organizations.
2016 - • Issued 1,866 company licenses and certificates of authority. • Analyzed 1,984 corporate filings. • Collected over $587,000.00 in license and corporate document filing fees. • For efficiency and cost savings when renewing insurer annual licenses, the Statutory
Compliance Division collects the annual renewal license fees and also the financial statement related $1.1 mil filing fees of the Financial and Market Regulation Division.
REGULATORY ACTIVITIES
Actuary/Health Care Reform Division 2016
Reviewed all rate and form filings related to health insurance products to be sold in Mississippi. Maintained turnaround time of (3) days for review of files relating to life insurance, health
insurance, long term care insurance, Medicare supplement insurance, disability insurance and annuities
Performed network adequacy reviews of all Mississippi managed care plans to ensure corresponding networks were adequate enough to provide access to quality health care services without unreasonable delay.
Provided access to external review of denied health insurance claims pursuant to the provisions of the Mississippi Health Carrier External Review Regulation
Implemented new composite rating laws that affect health insurance premiums in Mississippi’s small group market.
Submitted effective rate review survey to the Centers for Medicaid and Medicare Services (CMS) as part of the requirements to be considered an effective rate review state under federal regulations.
Provided daily guidance on questions received from insurers, providers, and consumers relating to state statutes and federal regulations.
Continued operation of Small Business Health Options Program (SHOP) operating as One, Mississippi. a. Continued to offer agent certification training sessions and worked with issuers and
consumers to resolve issues. b. Products to be offered during the 2017 plan year were reviewed and uploaded to One,
Mississippi as part of the plan management process. Continued work on all Life and Health Actuarial Federal grant projects:
a. Applied for/awarded Health Insurance Enforcement and Consumer Protections Grant. The grant period runs through October of 2018.
b. Rate Review Grant-Cycle II – Work continued through the end of the grant life, 9/30/2016. c. Consumer Assistance Program Grant – Work continued through the end of the grant life,
9/25/2016.
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Consumer Services Division
2016 - Handled 16,345 telephone calls for assistance Processed 1,790 formal written complaints against companies Facilitated the collection of over $3,100,000.00 in benefit payments for consumers Participated in 27 Consumer Outreach events in 2016
DUTIES AND RESPONSIBILITIES Intervenes and attempts to resolve disputes between consumers and companies. Receives complaints from and interviews policyholders who have questions/problems. Reviews insurance coverage for residents. No recommendations are made regarding whether
coverage is adequate or suitable. The aim is to help insureds understand their coverage. Acts as an advocate for consumers helping them understand their options and the coverage
afforded by their insurance policies. Continues ongoing process of cross-training that enables temporary reassignment of duties during
the aftermath of storms and other catastrophic situations whereby on-site claims assistance can be offered, or when temporary offices are established.
Actively participates in community outreach to educate consumers on insurance related matters through group presentations and training sessions as well as written materials on a wide range of insurance-related topics.
Actuary/Health Care Reform Division (Continued)
REGULATORY ACTIVITIES
DUTIES AND RESPONSIBILITIES Handles any issue related to life insurance, health insurance, long term care insurance, Medicare
supplement insurance, disability insurance and annuities. Reviews forms and rates for any of the aforesaid lines of business. Reviews and approve or disapprove health insurance premium rate filings. Enforces and implements any federal requirements related to the Affordable Care Act (ACA) to
ensure state compliance. Promotes awareness and educates Mississippians generally about ACA reforms, the upcoming
SHOP Marketplace, and the Federally-Facilitated Marketplace (FFM).
Property and Casualty Ratings Division
2016- Closed 3,900 electronic filings through SERFF from January 1, 2016, through December 31, 2016 Various extraneous regulated lines continue to file using paper format, however, the number for
the 2016 year was less than 1% of all filings. As of January 1, 2013, all paper filings are entered into the SERFF system and are maintained in an electronic format eliminating paper copies
Certain property and casualty rate and form filings became available for public review with the implementation of the SERFF Filing Access program
d.) Health Insurance SHOP Marketplace Grant – Work through end of the grant life, 2/29/2016. e.) Cooperative Agreement to Support Establishment of State Operated Health Insurance Exchanges Grant – Grant period expired in 2015 with the grant close out process taking place in the spring of 2016.
Life and Health Division was accepted as a part of the Commercial Parity Policy Academy
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REGULATORY ACTIVITIES
Licensing Division
Property and Casualty Ratings Division
DUTIES AND RESPONSIBILITIES
Pursuant to the statutory requirements found under Miss. Code Ann.§83-2-1 et.seq, the division is responsible for the review of rates, rules and forms of property and casualty products sold by licensed insurance companies in the state, other than lines excepted by statutory reference.
The code establishes Mississippi as a prior approval state. Licensed insurance companies, rating and advisory organizations must submit their rates, rules and forms for P&C products to the division for review and approval prior to being used in the state.
The division must act on all filings within 30 days of receipt under the “deemer” provision of the code. The division is currently processing over 3900 rate, rule and form filings annually
The division’s staff provides the Commissioner of Insurance a summary of findings and recommendations for approval or disapproval on any new P&C program and/or changes in rates on existing programs.
The staff provides technical assistance to companies prior to and during the filing process. Division Analysts oversee the actuarial review process of the consulting actuaries on new product
filings and those which involve changes in rates. Division staff regularly assists consumers with insurance problems, provides educational materials,
and answers questions on state insurance laws. Assistance is provided to the commissioner and other MID divisions in support of the department’s
mission. The Division Director and Deputy Director are the Commissioner’s representatives to various
associations and boards. The P&C Rating Staff has over 200 years of practical Property and Casualty Insurance experience.
Two members of the staff have their Certified Insurance Counselor (CIC) Designation and a third member is currently enrolled in the program and has completed two of five parts.
2016 Established the Prelicensing Education & Examination Task Force ● Indexed 19,979 documents for records retention ● Director of Licensing represented the commissioner on the Producer Licensing Task Force (PLTF) Processed 202 bail agent fingerprints Processed electronically 1,035 electronic appointment invoices by email Developed and implemented new procedure to email producer and adjuster email invoices with
estimated annual savings of $50,000 in manual processing, postage, materials and staffing Director of Licensing served as panel member for Securities & Insurance Licensing Association
(SILA) Issued in excess of 360,000 certificates of authority Total licensed producers/agents 96,922, bail agents 1,557, surplus lines producers 3,730 and
17,304 independent adjusters and public adjusters.
2016- Closed 3,900 electronic filings through SERFF from January 1, 2016, through December 31, 2016 Various extraneous regulated lines continue to file using paper format, however, the number for
the 2016 year was less than 1% of all filings. As of January 1, 2013, all paper filings are entered into the SERFF system and are maintained in an electronic format eliminating paper copies
Certain property and casualty rate and form filings became available for public review with the implementation of the SERFF Filing Access program
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DUTIES AND RESPONSIBILITIES Issues licenses and appointments to individuals and business entities to engage in the business
of insurance in the state of Mississippi. Provides prompt and efficient customer service. Assists agents/agencies with online forms for licensure. Ensures compliance with all statutory requirements. Promotes national licensing uniformity. Ensures adequate pre-licensing and continuing education courses are made available to
licensees. Fingerprints individuals applying for a bail agent license. Provides agent/agency/company assistance on technical licensing questions.
2016 - ● Licensed 7,515 business entities, 302 third party administrators and 76 managing general agents ● Other license types issued totaling 10,311 include: Credit, Limited Lines, Portable Electronics,
Transportation Network Company, Automobile Club Agent, Burial Agent, Legal Agent, Reinsurance, Risk Retention agent, and Viatical.
● Developed a workers compensation only adjuster line of authority with the Independent Adjuster license
● Developed a new license: Transportation Network Company (drivers who provide pre-arrange rides)
● Processed over 900,000 transactions ● Received over 30,000 telephone calls for assistance ● Participated in three insurance outreach events Developed licenses for designated home state adjusters, travel entities, and car rental.
REGULATORY ACTIVITIES
Elevator and Building Safety Division
2016 - Verified 3,147 inspections completed by inspectors licensed by the state Issued 186 construction permits 27 Elevator Contractors licensed by the Elevator Division operating in Mississippi. 8 elevator inspection companies licensed by the Elevator Division operating in Mississippi. 46 Elevator Inspectors licensed by the Elevator Division operating in Mississippi. 237 Elevator Mechanics licensed by the Elevator Division operating in Mississippi. 2 QEI Certified Elevator Inspectors help implement and manage elevator inspections and
upgrades as required by code In March of 2016 the Elevator Safety Division changed from the Mississippi Firebridge reporting
program to a new online reporting system called The Compliance Engine. Continued work with state building code groups, local city inspection departments, and various
facility management groups. Met with the South Mississippi Building Inspector group to discuss code issues and code references concerning the installation and use of residential cargo lifts and the permit and inspection requirements of the Mississippi Conveyance Safety Act.
Participated on the ASME Regulatory Advisory Committee to vote on and/or recommend additions and changes for A17.1 elevator code.
20
SUPPORT ACTIVITIES
Administrative Services Division
2016 -
Managed 153 positions and 15 divisions with employees assigned all over the state
Executed advanced planning and budgeting which allows more work to be accomplished by dedicated employees, thereby creating more efficient operations
Continued training to keep the agency moving ahead professionally, maintaining productivity and providing quality services to the people of Mississippi
DUTIES AND RESPONSIBILITIES Provides support to the agency in the most professional and efficient manner possible, enabling
the department to carry out its mission at lowest possible cost to state’s taxpayers. Continues to develop, implement and enhance administrative and budgetary support to the agency by providing a broad array of services. Oversees the financial management and record keeping of the agency, contract administration,
inventory control, accounts payable, accounts receivable, payroll, statutory deposits and travel. Processes, through the Agency Receipting System, the special funds obtained to maintain our
annual budget. Oversees all purchasing, coordinates maintenance of departmental office equipment,
procurement of cell phones, property control, maintenance of agency’s automobiles, and handles all outsource of print jobs.
Manages the department’s appropriation by compiling the necessary information for budget development, budget projections, and monitoring budget changes through expenditures, revenue collections, legislation, and mid-year budget adjustments.
Facilitates all personnel-related matters for the department, including employee recruitment, staff development, staff retention, performance appraisal, employee benefits, compensation and assistance.
Handles grievances and appeals, Workers Compensation and Safety Programs, and compliance with Civil Service Rules and Regulations.
Provides all daily office operation support to the department including centralized document processing, mail services (incoming/outgoing mail and deliveries), vehicle management, supply management, records management and communications services including telephone, telefax, and photocopying.
REGULATORY ACTIVITIES
Elevator and Building Safety Division
DUTIES AND RESPONSIBLITIES Manages mandatory program given to the Mississippi Insurance Department during the 2013
Legislative Session. Licenses and oversees all elevator and conveyance mechanics, inspectors and companies that
install, repair, maintain, or inspect public conveyances in Mississippi. Establishes minimum standards for all conveyances, personnel and services. Issues historical or new technology variances as required. Collects all fees and/or penalties associated with licensing, permits, and operating certificates. Compiles a database of every elevator and people-moving conveyance and their locations in the
state. Compiles and keeps a database of all conveyance accidents and injuries in the state.
21
Information Technology Division
2016- Implemented MSBondsource.com, a new bail bondsmen registry and database Began procurement of a new Fire Investigations records management system Began redesign of the intranet website and met with every division to gather input and concerns Upgraded the department’s network infrastructure Upgraded the department’s servers and storage Continued upgrades of the department’s operating systems and primary software, as well as upgrading applications and training users Worked with all divisions to assess and evaluate workflows and create applications designed to make duties more efficient Trained staff via web-based and classroom courses as well as those offered through other
organizations and conventions Continued the process of making IT support faster and more efficient by designing a web-based help desk solution Continued creating, modifying, and updating IT policies to better serve the department Began implementation of a new leave management system Continued creating efficient, fillable forms for many divisions’ electronic submission needs Continued implementation of the document imaging system Designed and delivered issues of the department’s email newsletter Supported and maintained the technology of the department on a daily basis
SUPPORT ACTIVITIES
DUTIES AND RESPONSIBILITIES Provides transparent and seamless technological support to the department to accomplish its
goals and objectives as set forth by the Commissioner of Insurance.
Serves as a strategic planning partner with other divisions of the department as well as other
state agencies and certain external entities.
Continues to evaluate and use the most appropriate and cost effective technological
hardware, software and processes that can be implemented.
22
SUPPORT ACTIVITIES
Public Relations Division
2016 - Issued 36 media press releases on such topics as:
1. Multiple fire safety release throughout the year on arson, smoke alarm distribution and safety, Campus Fire Safety Month, Fire Prevention week, fireworks, heating, cooking, holiday safety
2. Announcement of alerts/arrests/enforcement actions of MID and State Fire Marshal investigations
3. Multiple releases regarding disaster preparedness for all types of disasters 4. Health care issues and open enrollment 5. UMC/NMMC dispute actions 6. Departure of United Health Care from federal health care exchange 7. Unlicensed agent alert 8. Passage of Bail Bonds bill 9. Changes to NFIP 10.Department receiving National Accreditation from NAIC 11.Alarm scam targeting elderly 12.Telemedicine contract 13.Assumption of arson investigation duties for forest fires 14.Proof of Loss extension for claims for March flooding
Represented the Department Insurance Summit-NAIC Kansas, MS Maintained MID Twitter account, over 385 tweets and 200,000 impressions in 2016 Twitter followers reached approximately 2,705 followers by year’s end Daily monitoring and reporting of insurance news to the staff via email links Compiled, edited and produced MSInsuranceMatters E-Newsletter Maintained MID Facebook and YouTube accounts
DUTIES AND RESPONSIBILITIES Coordinates a public information program to publicize and advance MID objectives and consumer
related issues. Maintains and develops wide range of consumer brochures available through the MID Consumer
Services Division. Explores and implements full use of technology, including the internet, to maximize the publicity of
MID achievements and goals. Automates, as far as practicable, all information distribution functions of all MID divisions to assist
in increasing productivity of MID staff. Administers all MID social media accounts: Twitter, Facebook, etc. Serves as liaison between MID and media. Creates and publishes yearly reports for department, NAIC and Medicare Supplement Shopper’s
Guide. Photographs and distributes photos of department events.
23
State Fire Marshal Division
DUTIES AND RESPONSIBILITIES Fosters, promotes and develops ways and means of protecting life and property from fire and
related perils through direct action and coordination with Mississippi fire and law enforcement services.
Investigates the origin of fires occurring within Mississippi when requested by the Chief of the Fire Department or other local law enforcement authority.
Investigates any fire called to his attention by any party of interest, whenever in his judgment, there is sufficient evidence or circumstances indicating that such fire may be of an incendiary origin.
Uses polygraph service to conduct arson investigations and, on occasion, assists other law enforcement agencies, both state and federal, with examinations on a case-by-case basis.
Serves as a member of the Homeland Security Council with the Mississippi Emergency Management Agency (MEMA) for development and implementation of programs and emergency response in the interest of public safety.
Conducts annual in-service training for the County Arson Investigators Program in conjunction with the State Fire Academy.
Serves as guest instructors for the Basic Arson Investigator Course conducted at the State Fire Academy.
Conducts semi-annual fire drills and safety seminars of state-owned buildings in the Capitol Complex in conjunction with the MS Department of Finance and Administration’s Capitol Police and City of Jackson Fire and Police Departments.
Enforces the Mississippi Fire Prevention Code regarding the inspection of all buildings owned by the state or state agencies, places of public assembly and sprinkler systems of high-rise buildings.
Regulates factory-built homes which requires the licensing of retailers, developers, modular home contractors, manufacturers and independent contracted installer/transporters.
Serves as the State Administrative Agency (SAA) for the U.S. Department of Housing and Urban Development (HUD).
Develops and implements a fire safety education program using nationally recognized standards for the State of Mississippi to reduce loss of life and property from fires.
Establishes statewide uniform procedures and qualifications, assessment and collection of fees for the licensure of individuals and companies which offer electronic protective systems to the general public.
Coordinates quarterly meetings for the Electronic Protection Licensing Advisory Board, which provides administrative and civil penalties for certain violations and provides assistance in determining effect of this regulation on local rules and regulations.
2016 In addition to regular duties outlined in the report on Statistics page, performed other duties as follows: Increased outreach activities, fire safety education and distribution of free smoke alarms in effort to
reduce number of fire deaths in state Recorded the total number of 2016 fire deaths in Mississippi as 55, down from 61 fire deaths in
2015 Assisted state and local authorities during flooding in March, 2016
OTHER REGULATORY ACTIVITIES
24
OTHER REGULATORY ACTIVITIES
Fire Services Development Division
2016- See Statistics Pages for other Activities Awarded $10,000.00 in rewards through the State Fire Marshal Arson Reward Program
DUTIES AND RESPONSIBILITIES:
Oversees accountability and distribution of State Fire Funds to counties and municipalities. Oversees Rural Fire Truck Acquisition Assistance Program (RFTAAP). Oversees Supplemental Rural Fire Truck Acquisition Assistance Program (SRFTAAP). Manages Mississippi Fire Incident Reporting system used by state’s 757 fire departments. Manages Fire Safety Education Division.
SUPPORT ACTIVITIES
Liquefied Compressed Gas Division
DUTIES AND RESPONSIBILITIES: Establishes and enforces liquefied compressed gas regulations pertaining to the safe use and
handling of butane, propane and anhydrous ammonia. Issues permits to retail dealers, wholesalers, transporters and distributors, and service
technicians of propane. Investigates accidents, upon request, to determine the involvement of liquefied compressed
gas. Inspects premises that store, sell, refine, compound or blend liquefied compressed gas. Conducts safety training schools for liquefied compressed gas dealers and their employees. Tests and certifies liquefied compressed gas installers and propane delivery drivers.
2016- See Statistics Pages for Activities
25
Mississippi State Fire Academy (Sub-Agency)
OTHER REGULATORY ACTIVITIES
2016 - Accomplishments
239 students trained in NFPA 1001-I-II (required for all full-time firefighters).
15 students completed the Volunteer NFPA 1001 based course.
252 students completed the Mississippi Certified Volunteer FF Level I course.
154 students completed the Mississippi Certified Volunteer FF Level II course.
126 students completed the Certified Volunteer Upgrade course.
14 students completed the 32 hour County Arson Investigation course.
38 students completed the Arson Annual In-Service 8 hour course.
27 students completed the Fire Investigator course.
1,081 people toured the Academy campus and received fire safety education/information.
15,312 students trained in various areas of emergency first response (fire safety education, rescue, hazardous materials, incident command system, automobile extrications, liquefied compressed gas, fire suppression, fire officer training, safety officer training, etc.).
Campus Improvements/Additions
Request for funding of Fire Station/Dormitory State Disaster Staging Area construction project.
Events on Campus
April 16-17, 2016 MS Firefighter Association Cookout
April 25-29, 2016 Annual Chlorine Institute Emergency Plan (CHLOREP) Team Training
July 16-17, 2016 National Fire Academy Weekend
October 11, 2016 Annual Statewide Fire Fighters Memorial
November 5, 2016 Emergency Preparedness 5K Fun Run & Walk
Duties and Responsibilities
MS Code Annotated Section 45-11-7: The State Fire Academy was created for the purpose of training and education of persons engaged
in municipal, county and industrial fire protection. The Academy is officially designated as the agency of this state to conduct training for fire personnel
on a statewide basis to all duly constituted fire departments.
Reggie Bell
After being named Executive Director in 2007, Reggie Bell established a formal mission statement to inform the public and the fire service of the purpose of the agency. Agency Mission: To serve the Mississippi Fire Service Community and the World by providing quality education and training in fundamental and advanced skills to save life and property. Making A Difference When It Matters The Most!
26
OTHER REGULATORY ACTIVITIES
Mississippi State Fire Academy (Sub-Agency) cont.
Duties and Responsibilities
MS Code Annotated Section 45-11-7: The Academy is designated as a division of the Insurance Department. MS Code Annotated Section 45-11-203: Within one year of employment, all paid full time fire fighters shall be certified as completing the
mandatory training requirements administered by the State Fire Academy. MS Code Annotated Section 83-1-39: Requires one member of the sheriff's department to be the county fire investigator and to attend
training at the State Fire Academy in arson investigation. Trains municipal, county, and industrial fire personnel annually by providing quality education and
training in fundamental and advanced skills to save life and property.
Offers 11 courses and 23 levels of the National Fire Protection Association classes accredited by the International Fire Service Accreditation Congress (IFSAC).
Offers 15 courses and 25 levels accredited by the National Board on Fire Service Professional
Qualifications (ProBoard).
Offers courses on and off campus ranging from three hours to 252 hours in length. Off-campus courses can be requested by any department or industrial client within Mississippi.
Offers two courses per county within Mississippi at no cost to the departments.
Provides certain courses which can be used for college credit hours through a program developed
by Meridian Community College's (MCC) Emergency Service Degree Program. The program at MCC is open to any student enrolled in the college's Fire Protection Technology associate degree program.
Receives state and federal grant funds to assist in training students statewide at no cost or reduced
cost to the fire departments. Course fees are minimal to the departments.
27
FIRE MARSHAL STATISTICS
Fire Related Deaths and Injuries (Based on data reported by fire departments in the state
to the Mississippi Fire Incident Reporting System)
January 1, 2016-December 31, 2016
Civilian Fire Service
**Fire Related Injuries 96 33
**Fire Related Deaths 55 1
Civilian FirefighterFire Related Injuries 96 33Fire Related Deaths 55 1
0
10
20
30
40
50
60
70
80
90
100
Fire Related Injuries Fire Related Deaths
Civilian
Firefighter
**These numbers do not reflect a complete total. Some injuries/deaths may not have been reported in the incident report completed by the responding fire department. Also, there were additional injuries which did not require a fire department response.
28
FIRE MARSHAL STATISTICS
Based on data reported to the Mississippi Fire Incident Reporting System
January 1, 2016-December 31, 2016
Fires (All Types) 22,171
EMS/Rescue 113,944
Hazardous conditions calls 5,737
Service calls 9,226
Good intent calls 16,490
Severe weather/Natural disaster
740
Special incident calls 538
Unknown type incident 2
False calls 13,028
Overpressure Rupture, Explosion, Overheat 324
TOTAL 182,200
Fires (All Types)
EMS/Rescue
Hazardous Condition Calls
Service Calls
Good Intent Calls
Severe Weather/Natural Disaster
Special Incident Calls
Unknown Incident Type
False Calls
2016 Mississippi Fire Incident Reporting System
29
Fire Marshal Division Activities -Year Ending December 31, 2016
STATISTICS
1. FIRE INVESTIGATIONS
(a) Incendiary 220
(b) Accidental 217
(c) Undetermined 112
Total fires investigated 549
Fire death investigations 54
Arrests 59
Arrest rate 27%
Polygraph examinations conducted 23
Estimated property losses on buildings $61,520,543.00
Estimated property losses on contents $19,131,868.00
Insurance coverage on buildings $17,717,751.36
Insurance coverage on contents $ 4,867,040.00
K-9 Unit Call-Outs 88
(a) Sita - Accelerant canine 42
(b) Ringo - Explosives canine 42
(c) Buddy—Cadaver canine 4
Wild Land Fires
Total Wild Land Fires Investigated 17
(a) Incendiary 7
(b) Accidental 6
(c) Undetermined 4
Estimated dollar loss $ 124,500.00
2. MISSISSIPPI FIRE PREVENTION CODE
Correctional facilities inspections 298
State and county facilities inspections 1,435
Private facilities 35
Child care facilities inspections 12
Pyrotechnic display permits issued 29
Number of miscellaneous inspections 300
Total fire safety inspections by staff 2,109
30
3. FACTORY-BUILT HOMES
Number of licenses issued – (Retailers, Developers, Manufacturers and Installer/Transporters)
277
Number of inspections conducted – (Retailer Lots and Consumer Complaints)
367
Number of consumer complaints filed 19
Number of property locator inspections 4,652
Number of plant audits and units inspected 1
Number of Manufactured Housing Units Inspected on Retailer Lots 1,220
Number of Plan Reviews—(State, Modular, Other) 132
STATISTICS
Fire Marshal Division Activities -Year Ending December 31, 2016
4. MISSISSIPPI RESIDENTIAL ELECTRONIC PROTECTION
Number of new applications submitted – (Class A, B, C, D, T, H) 611
Number of licenses issued – (Class A, B, C, D. T) 1,513
Number of investigations 25
Number of inspections 142
Number of background checks conducted 1,513
5. FIRE SERVICES DIVISION
Compliance forms processed (Not including invoices) 2,000
Rebate funds dispersed $ 19,653,656.77
RFTAAP funds dispersed $ 1,540,000.00
SRFTAAP funds dispersed $ 350,000.00
State/Regional meetings held 24
MS Fire Bridge reporting system training 34
Incidents reported statewide 189,320
6. FIRE SAFETY EDUCATION
Remembering When sessions 2
Fire safety presentations with Fire Safety Trailer 68
Fire safety presentations without Fire Safety Trailer 43
-0.1% -0.1%0Accredited Surety and Casualty Company, Inc. 46,001,527 22,930,883 34,979 0 34,97923,070,644 -44834,872
53.5% 58.7%888,361ACE American Insurance Company 13,035,791,582 10,223,425,255 17,841,184 5,151,676 17,127,6172,812,366,327 9,157,368180,923,031
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 1 of 39Page 1 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
85.5% 97.4%17,765ACE Fire Underwriters Insurance Company 114,294,201 37,415,473 183,297 90,322 148,44376,878,728 126,8841,947,302
-61.1% -64.5%-3,248Alfa Mutual General Insurance Company 103,260,316 46,146,980 98,640 419,116 95,85657,113,337 -58,5471,831,361
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 2 of 39Page 2 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
All America Insurance Company 283,892,378 131,277,147 152,615,225 6,488,303
-6.8% -14.3%-29,253Allegheny Casualty Company 34,944,159 12,100,181 395,573 0 393,49822,843,978 -26,911496,772
56.4% 58.8%67,076Allianz Global Risks US Insurance Company 8,002,547,196 6,070,698,710 2,653,186 1,305,289 2,771,5401,931,848,486 1,562,224-268,574,782
40.8% 42.3%27,595Alterra America Insurance Company 421,790,999 228,813,313 1,125,109 501,708 1,860,671192,977,686 759,09729,221,169
Amalgamated Casualty Insurance Company 56,744,363 13,922,892 42,821,470 449,809
33.7% 38.9%24,701AMCO Insurance Company 951,707,161 750,378,961 759,332 84,570 475,586201,328,200 160,5092,658,389
0American Access Casualty Company 339,020,933 278,151,847 0 0 060,869,086 06,586,420
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 3 of 39Page 3 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 4 of 39Page 4 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 5 of 39Page 5 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0Arch Reinsurance Company 2,040,379,886 756,272,030 0 0 01,284,107,856 036,880,577
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 6 of 39Page 6 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
38.3% 39.4%97,166Automobile Insurance Company of Hartford, 1,006,619,163 690,215,970 8,213,323 3,443,028 8,945,990316,403,193 3,427,51835,620,761
0Auto-Owners Insurance Company 14,313,470,644 4,623,394,187 0 0 09,690,076,457 0454,883,367
0Auto-Owners Specialty Insurance Company 28,303,872 39,371 0 0 028,264,501 062,413
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 7 of 39Page 7 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
-2.0% 1.5%6,428Avemco Insurance Company 80,255,943 27,630,301 168,071 12,033 182,67052,625,642 -3,6768,018,416
-50AXA Art Insurance Corporation 14,820,552 5,124,477 0 0 09,696,075 -447-534,563
8.0% 6.2%-5,825AXA Insurance Company 226,000,759 97,734,998 262,397 1,200 318,122128,265,761 25,50814,560,254
196.4% 196.0%-26,633AXIS Insurance Company 1,505,391,751 930,866,710 6,324,898 12,551,158 6,210,384574,525,041 12,197,39713,938,308
-191.7% -230.3%-40,608AXIS Reinsurance Company 3,003,194,977 2,106,947,664 103,143 0 105,115896,247,313 -201,52417,223,246
-84,979AXIS Specialty Insurance Company 65,233,973 13,522,488 0 0 051,711,485 -29,809-632,825
-54.1% -61.7%-137Balboa Insurance Company 87,652,784 9,821,501 0 1,446 1,80077,831,283 -973238,620
39.4% 39.7%401Bankers Insurance Company 149,478,986 65,308,700 140,571 111,000 141,01284,170,286 55,58113,338,081
16.5% 12.8%-12,346Bankers Standard Insurance Company 636,326,525 470,188,843 324,902 54,305 329,136166,137,682 54,45012,905,249
0.0% 0.0%0Bar Plan Mutual Insurance Company, The 43,597,382 26,036,065 346 0 40517,561,317 0250,945
52.9% 53.7%31,524BCS Insurance Company 269,416,276 114,263,113 3,425,461 1,619,487 3,809,142155,153,163 2,014,41911,394,363
111.0% 182.5%254,657BITCO National Insurance Company 501,302,737 355,928,851 329,928 157,832 355,807145,373,886 394,8666,131,669
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 8 of 39Page 8 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0CEM Insurance Company 35,139,883 24,031,904 0 0 011,107,979 0630,425
0Censtat Casualty Company 24,518,165 7,017,512 0 0 017,500,654 0431,081
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 9 of 39Page 9 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
-12.2% -10.6%41Citizens Insurance Company of America 1,596,174,563 890,658,015 2,856 0 2,484705,516,548 -304105,519,571
-7,282Clarendon National Insurance Company 704,024,935 537,577,455 0 49,621 0166,447,480 -254,63511,063,203
0.0% 20.8%2,496Clear Blue Insurance Company 29,991,232 2,264,766 270 0 11,96627,726,466 -2-281,297
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 10 of 39Page 10 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Clearwater Select Insurance Company 1,193,460,886 720,074,957 0 0 0473,385,929 054,474,001
73.3% 74.3%118,218Coast National Insurance Company 583,311,936 156,269,594 12,848,964 7,667,196 11,967,262427,042,342 8,770,7478,878,528
13.2% 13.2%-2,053Coastal American Insurance Company 9,367,884 4,524,077 6,960,377 888,495 6,435,6244,843,807 849,123621,998
69.5% 81.6%35,086Coface North America Insurance Company 162,761,749 116,651,991 284,942 108,684 290,45246,109,758 201,867-7,973,648
0Coliseum Reinsurance Company 261,810,846 102,412,225 0 0 0159,398,621 0-109,939,444
4.4% 5.4%1,490Colonial American Casualty and Surety Comp 25,220,474 2,374,820 161,399 -1,638 162,48722,845,654 7,227532,149
10.3% 91.4%23,433Colonial Surety Company 57,829,662 21,671,643 22,722 0 28,89436,158,019 2,9624,160,705
26.4% 26.9%70,159Continental Western Insurance Company 221,428,233 129,356,404 14,146,844 4,018,139 14,412,67092,071,829 3,807,1812,073,220
-0.3% -0.3%-16Contractors Bonding and Insurance Company 210,168,601 93,074,418 50,680 0 55,828117,094,183 -14112,191,271
98.9% 114.3%26,679CorePointe Insurance Company 90,911,604 35,008,617 129,133 69,935 172,80355,902,987 170,836-2,440,916
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 11 of 39Page 11 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
133.2% 141.9%108,097Courtesy Insurance Company 789,575,857 411,735,706 1,031,997 1,517,422 1,242,590377,840,151 1,655,35010,682,907
0Crestbrook Insurance Company 133,096,065 50,458,921 0 0 082,637,144 04,224,856
70.4% 75.2%16,937EastGUARD Insurance Company 136,007,482 92,370,135 394,222 73,323 355,51343,637,347 250,4193,530,775
0Economy Fire & Casualty Company 502,014,924 120,333,586 0 0 0381,681,338 015,030,293
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 12 of 39Page 12 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Economy Preferred Insurance Company 44,356,851 33,307,724 0 0 011,049,127 0348,146
65.8% 66.8%106,778Economy Premier Assurance Company 85,190,833 36,111,293 10,371,878 7,042,177 11,085,70749,079,540 7,299,0711,699,261
149.7% 183.4%257,462Electric Insurance Company 1,488,572,045 954,513,576 793,716 576,355 763,421534,058,471 1,142,62830,196,259
Elephant Insurance Company 202,970,124 149,040,427 53,929,697 -21,879,342
0Equity Insurance Company 77,732,723 47,786,930 0 0 029,945,793 0172,573
8.9% 8.9%-196Essent Guaranty, Inc. 1,323,609,865 744,722,730 1,705,043 223,184 1,637,513578,887,135 146,198215,951,089
34.7% 36.0%20,834Essentia Insurance Company 85,726,868 59,276,385 1,684,746 495,948 1,562,82126,450,483 542,119-4,854,636
63.2% 64.3%104,949Esurance Insurance Company 179,014,289 14,795,535 9,453,210 6,649,573 9,469,432164,218,754 5,981,1771,240,034
0Esurance Property and Casualty Insurance Co 112,578,098 70,283,062 0 0 042,295,036 0477,533
9.7% 9.7%0Euler Hermes North America Insurance Comp 417,970,566 269,901,181 1,623,145 94,170 1,704,676148,069,385 165,50316,010,279
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 13 of 39Page 13 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
125.4% 134.9%455,435Everest National Insurance Company 1,101,773,845 968,474,790 4,924,418 3,864,895 4,833,527133,299,055 6,063,52530,125,091
40.2% 45.2%10,364Everest Reinsurance Company 10,224,828,895 6,589,707,587 195,853 97,181 205,3453,635,121,309 82,479523,547,373
1.2% 0.9%-637Evergreen National Indemnity Company 47,551,507 14,268,287 256,512 0 260,41033,283,220 3,0102,005,598
379.1% 405.6%8,511Financial American Property and Casualty Ins 13,294,461 4,428,911 35,681 97,395 32,0278,865,550 121,402-41,802
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 14 of 39Page 14 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 15 of 39Page 15 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0GeoVera Insurance Company 90,838,603 65,786,806 0 0 025,051,797 04,085,785
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 16 of 39Page 16 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0Great Northwest Insurance Company 18,932,039 11,499,647 0 0 07,432,392 0566,158
56.9% 63.8%1,426,072Great West Casualty Company 2,015,895,179 1,393,587,452 13,737,620 16,759,997 20,890,296622,307,728 11,892,42363,390,517
0Greater New York Mutual Insurance Company 986,984,820 514,356,010 0 0 0472,628,811 020,083,249
32.4% 34.5%71,726Greenwich Insurance Company 1,202,510,098 838,334,591 3,526,482 1,304,870 3,417,202364,175,507 1,107,75831,091,390
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 17 of 39Page 17 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
2.5% 3.2%2,074Guarantee Company of North America USA, T 217,833,140 37,279,005 389,654 0 320,141180,554,134 8,12911,692,805
136.2% 179.2%1,545,033Guarantee Insurance Company 417,471,243 366,685,170 3,571,315 2,630,624 3,599,13950,786,073 4,903,220-23,170,398
88.3% 91.2%120,429GuideOne America Insurance Company 12,545,144 1,743,751 4,010,569 3,007,428 4,069,41510,801,393 3,592,606185,953
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 18 of 39Page 18 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
218.5% 218.5%0Imperial Fire and Casualty Insurance Company 79,946,842 54,317,903 45,786 51,975 47,59625,628,939 103,9752,775,497
28.0% 20.5%-76,350Imperium Insurance Company 379,256,551 201,579,286 1,126,758 598,602 1,013,642177,677,265 284,325-13,027,806
0Indemnity Company of California 21,845,838 5,540,829 0 0 016,305,009 0355,446
18.3% 26.8%261,227Indemnity Insurance Company of North Ameri 463,694,045 334,039,606 2,932,996 1,316,330 3,095,160129,654,439 567,9079,067,158
0Indemnity National Insurance Company 24,533,387 11,420,391 0 0 013,112,996 01,403,699
45.3% 45.3%0Independence American Insurance Company 114,369,954 47,558,069 80,856 34,892 80,59766,811,885 36,4714,047,502
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 19 of 39Page 19 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0.0% 0.0%0Independent Mutual Fire Insurance Company 45,800,576 6,428,216 12,763 1,679 12,15739,372,360 0939,516
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 20 of 39Page 20 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0.0% 0.0%0Lexon Insurance Company 236,337,651 173,123,937 701,715 0 703,79863,213,714 03,376,399
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 21 of 39Page 21 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0MIC General Insurance Corporation 37,355,607 20,094,705 0 0 017,260,902 0249,557
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 22 of 39Page 22 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
16.0% 16.0%0Mutual Savings Fire Insurance Company 4,923,867 942,757 316,835 60,407 317,6343,981,110 50,71977,295
-18.3% -27.2%-2,094National American Insurance Company 194,379,817 126,280,004 18,699 307 23,58668,099,813 -4,3235,915,919
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 23 of 39Page 23 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
37.0% 44.5%322,097National Casualty Company 487,070,932 348,984,452 4,948,500 3,848,018 4,303,889138,086,480 1,594,5823,179,667
87.5% 83.1%-1,060,584National Union Fire Insurance Company of Pit 26,517,335,821 20,549,926,673 17,272,268 17,661,432 24,428,4135,967,409,148 21,365,829-72,635,115
87.7% 89.5%815,966Nationwide Affinity Insurance Company of A 409,202,745 396,464,205 48,656,821 30,346,175 45,003,17312,738,540 39,467,0712,715
69.9% 72.4%35,788Nationwide Assurance Company 145,162,092 83,116,980 1,494,584 1,063,666 1,463,18562,045,112 1,023,3211,371,972
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 24 of 39Page 24 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
62.9% 64.4%346,171Nationwide General Insurance Company 435,223,096 412,155,911 25,520,299 12,842,079 22,558,96123,067,185 14,190,665299,358
0Nationwide Insurance Company of America 449,941,739 296,367,128 0 0 0153,574,611 0177,439
25.1% 26.9%551,607Nationwide Mutual Fire Insurance Company 6,121,629,237 3,450,007,702 28,433,241 7,423,445 30,776,4382,671,621,535 7,719,07712,444,489
9.0% 9.6%8,500North River Insurance Company, The 1,051,367,095 766,414,237 1,242,433 106,656 1,407,174284,952,858 126,640-6,588,732
-6.1% -8.0%-98Northland Casualty Company 108,750,345 70,588,682 -514 -92 5,25138,161,663 -3203,535,379
88.4% 95.8%255,235Northland Insurance Company 1,176,903,365 641,799,934 3,614,323 1,779,587 3,450,314535,103,431 3,051,45152,682,867
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 25 of 39Page 25 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
91.1% 114.3%287,783NOVA Casualty Company 95,857,001 49,845 1,422,017 724,470 1,244,49695,807,156 1,134,1602,445,578
1,298Nutmeg Insurance Company 825,378,897 243,904,764 0 0 0581,474,133 3,711-62,760,961
282.9% 270.7%-1,766Oak River Insurance Company 665,625,166 435,582,332 18,317 38,086 14,454230,042,834 40,89618,638,822
0Oakwood Insurance Company 61,758,012 33,777,290 0 0 027,980,723 0-897,071
0OBI America Insurance Company 15,336,937 35,738 0 0 015,301,199 0196,391
79.4% 86.1%5,795OBI National Insurance Company 13,157,395 22,249 95,585 72,449 86,54613,135,146 68,75018,743
113.9% 117.0%248,023Occidental Fire & Casualty Company of North 602,812,300 430,121,985 8,246,133 8,410,073 7,913,989172,690,315 9,013,5087,688,638
155.1% 231.6%100,000Old United Casualty Company 605,347,651 395,646,041 157,851 315,043 130,675209,701,610 202,66820,880,020
0Omaha Indemnity Company, The 14,503,452 2,091,969 0 0 012,411,483 033,877
101.2% 100.1%-29,318Omni Indemnity Company 90,035,934 81,839,804 2,507,396 2,709,128 2,601,4348,196,129 2,633,179-11,515,193
14,545Omni Insurance Company 118,324,409 96,247,350 0 29,997 022,077,058 19,061-14,001,030
0.0% 0.0%0OneCIS Insurance Company 21,463,635 2,306,960 2 0 219,156,676 02,868,336
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 26 of 39Page 26 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Owners Insurance Company 3,924,577,923 2,227,787,679 0 0 01,696,790,244 0123,223,841
0Permanent General Assurance Corporation of 220,603,239 127,732,664 0 0 092,870,575 0-7,778,696
0Petroleum Casualty Company 34,186,763 10,147,141 0 0 024,039,622 03,290,007
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 27 of 39Page 27 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
0Professional Solutions Insurance Company 23,484,792 15,467,779 0 0 08,017,013 -1-22,209
0Professionals Advocate Insurance Company 136,792,227 28,093,676 0 0 0108,698,551 03,361,859
-2,160Progressive Advanced Insurance Company 467,638,855 268,655,529 0 -291 0198,983,326 -2919,220,777
0Progressive American Insurance Company 493,843,386 284,515,902 0 0 0209,327,484 07,402,408
100,449Progressive Casualty Insurance Company 6,967,107,398 5,148,217,049 0 102,456 01,818,890,349 60,307321,516,832
0Progressive Classic Insurance Company 391,540,766 280,645,432 0 0 0110,895,334 011,862,748
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 28 of 39Page 28 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Progressive Direct Insurance Company 6,727,474,907 4,662,115,010 0 0 02,065,359,897 0263,933,213
0Quanta Indemnity Company 20,057,227 1,011,568 0 0 019,045,659 0-963,196
0R.V.I. America Insurance Company 106,616,031 35,098,060 0 0 071,517,971 02,683,661
33.6% 33.6%0Radian Guaranty Inc. 3,900,132,081 2,550,456,680 4,978,038 2,570,756 4,878,0081,349,675,401 1,640,989480,825,074
0Radian Mortgage Assurance Inc. 8,643,468 20,135 0 0 08,623,333 0-139,958
0Radian Mortgage Guaranty Inc. 19,762,185 107,940 0 0 019,654,245 0-346,268
0Radnor Specialty Insurance Company 51,742,740 187,190 0 0 051,555,550 072,621
Rampart Insurance Company 29,012,762 18,816,700 10,196,062 -987,639
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 29 of 39Page 29 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
38.9% 43.2%22,872Redwood Fire and Casualty Insurance Compan 1,655,076,295 1,017,788,676 716,497 21,351 535,113637,287,619 208,29953,035,826
116.1% 173.6%114,804Regent Insurance Company 34,951,341 3,091,409 190,002 460,829 199,56431,859,932 231,6481,408,154
Renaissance Reinsurance U.S, Inc. 1,492,763,536 969,423,951 523,339,585 43,292,284
39.9% 48.4%88,646Republic Fire and Casualty Insurance Compan 7,926,324 -262,665 1,002,345 290,190 1,049,1048,188,989 418,881145,554
-3Republic Indemnity Company of America 2,300,334,614 1,767,998,583 0 0 0532,336,031 32104,474,967
0Republic Indemnity Company of California 32,184,110 173,347 0 0 032,010,763 0401,428
64.6% 63.4%-31,317Safe Auto Insurance Company 396,709,548 231,971,020 2,872,845 1,992,613 2,702,780164,738,529 1,746,10112,975,593
0Safe Harbor Insurance Company 78,568,940 51,933,992 0 0 026,634,947 03,104,159
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 30 of 39Page 30 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
41.2% 42.1%536,072Safeco Insurance Company of America 4,485,053,022 2,987,188,549 60,199,122 24,564,267 59,738,7141,497,864,470 24,609,82246,851,005
64.5% 66.6%1,266,689Safeco Insurance Company of Illinois 190,512,493 6,922,215 67,373,351 35,762,822 62,150,034183,590,279 40,115,9381,553,714
0Safeco Insurance Company of Indiana 15,253,973 8,843 0 0 015,245,130 0255,451
329.5% 526.8%25,761Safety First Insurance Company 71,737,285 4,100,746 17,681 30,616 13,05467,636,539 43,0092,652,721
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 31 of 39Page 31 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Sequoia Insurance Company 246,944,489 150,553,765 0 0 096,390,725 06,312,735
0.0% 0.0%0Service Insurance Company 49,448,690 7,666,973 82,331 0 82,33141,781,717 04,383,569
81.3% 86.4%309,086Shelter General Insurance Company 132,930,324 66,040,448 6,023,169 5,244,205 6,131,17266,889,872 4,987,078-594,076
-23.7% -34.0%-6,576Southwest Marine and General Insurance Com 119,395,658 57,926,999 10,100 0 63,91661,468,659 -15,149-1,586,983
41.3% -16.2%-218,967SPARTA Insurance Company 305,306,120 232,478,408 380,980 987,967 380,98072,827,712 157,222-54,267,782
20.2% 20.2%0Spinnaker Insurance Company 39,148,611 10,052,875 17,559 0 7,71829,095,736 1,558-4,033,788
139.6% 172.5%1,133,390St. Paul Fire and Marine Insurance Company 18,558,671,505 13,000,440,163 2,972,929 4,588,516 3,447,6295,558,231,343 4,812,3461,199,437,015
***** *****-23,583St. Paul Guardian Insurance Company 74,806,258 50,516,066 22,069 -5,972 6,64324,290,192 -88,0332,405,030
***** -81.6%-745,348St. Paul Mercury Insurance Company 331,489,487 210,198,948 1,453 1,470,544 39,123121,290,539 713,40812,145,986
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 32 of 39Page 32 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
***** *****-6,073St. Paul Protective Insurance Company 513,737,446 290,934,968 849 0 849222,802,478 -34,35416,883,748
64.9% 67.8%430,770Standard Fire Insurance Company, The 3,679,128,192 2,477,306,490 15,872,053 7,512,627 14,545,0051,201,821,702 9,434,705202,389,260
43.5% 47.6%13,951,048State Farm Fire and Casualty Company 38,352,517,909 21,997,797,052 338,002,892 151,195,977 341,261,12416,354,720,857 148,361,0481,713,554,364
0.0% 0.0%0State Farm General Insurance Company 7,112,139,093 3,036,113,537 9,780 0 8,5584,076,025,556 0128,664,293
28.4% 44.2%26,145SUNZ Insurance Company 125,755,599 105,492,820 165,355 8,247 165,43820,262,779 46,956800,459
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 33 of 39Page 33 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
16.0% 18.7%24,760SureTec Insurance Company 227,898,290 133,403,503 1,004,486 209,106 919,85394,494,787 147,01113,106,170
249.5% 499.5%741,359Sussex Insurance Company 658,714,857 527,997,581 182,842 5,240,090 296,488130,717,276 739,711-20,689,631
0Swiss Reinsurance America Corporation 12,927,241,287 9,574,945,393 0 0 03,352,295,894 0406,392,192
60.2% 71.7%79,872T.H.E. Insurance Company 204,936,112 152,638,466 710,961 144,449 696,85352,297,645 419,643-16,072,598
0TDC National Assurance Company 317,994,465 228,733,290 0 0 089,261,175 020,859,391
0Teachers Insurance Company 347,723,585 196,621,926 0 0 0151,101,659 08,228,900
0Transatlantic Reinsurance Company 14,019,363,965 9,110,655,180 0 0 04,908,708,785 0541,698,179
6.0% 9.3%7,377TRANSGUARD INSURANCE COMPANY O 299,191,980 162,090,049 236,518 74,406 224,449137,101,931 13,4472,998,967
6.1% 5.7%-8,867Transportation Insurance Company 77,502,251 163,539 1,912,063 442,953 2,160,39677,338,712 131,7871,910,516
-109TravCo Insurance Company 216,428,471 147,064,363 0 0 069,364,109 -7746,412,304
222.9% 230.3%315,900Travelers Casualty and Surety Company 16,564,340,144 10,078,496,703 4,193,239 1,663,151 4,232,1476,485,843,440 9,432,6991,183,916,572
45.2% 46.6%281,460Travelers Casualty and Surety Company of A 4,195,751,503 2,107,562,219 19,941,257 3,071,348 20,083,0912,088,189,284 9,086,173461,852,002
7Travelers Casualty Company of Connecticut 321,495,317 231,648,746 0 0 089,846,571 710,776,285
-2,397Travelers Casualty Company, The 204,879,937 142,606,691 0 0 062,273,246 -3,4376,905,976
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 34 of 39Page 34 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
45.3% 47.3%228,581Travelers Casualty Insurance Company of Am 1,937,020,123 1,377,012,178 11,459,682 3,296,154 11,536,391560,007,945 5,231,55367,763,471
0Travelers Commercial Casualty Company 326,775,982 231,505,993 0 0 095,269,989 012,089,100
-203Travelers Commercial Insurance Company 354,847,681 260,900,727 0 -2,735 093,946,954 -3,8179,671,301
0U.S. Underwriters Insurance Company 172,409,247 45,481,916 0 0 0126,927,331 01,746,315
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 35 of 39Page 35 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0UFG Specialty Insurance Company 39,372,417 21,957,780 0 0 017,414,637 0666,178
20.6% 24.4%771,411Union Insurance Company 137,099,564 92,312,070 19,031,589 6,012,637 20,146,86344,787,494 4,147,243860,768
158.6% 170.8%3,105Union Insurance Company of Providence 68,174,350 5,160,735 101,162 2,670 25,29763,013,615 40,1125,687,752
33.3% 33.3%0Union National Fire Insurance Company 9,308,485 3,066,203 7,635,927 2,724,913 7,636,6626,242,282 2,542,053194,444
94.4% 107.3%371,795Unique Insurance Company 87,894,380 71,829,637 2,756,070 3,556,851 2,873,17016,064,743 2,712,492527,510
31.0% 31.5%11,263Unitrin Auto and Home Insurance Company 76,843,999 43,232,058 1,889,476 706,844 2,083,74033,611,941 645,6641,400,608
0Unitrin Direct Property & Casualty Company 14,339,271 4,311,454 0 0 010,027,817 0431,991
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 36 of 39Page 36 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
0Unitrin Safeguard Insurance Company 26,944,131 19,426,896 0 0 07,517,235 0235,772
0Universal Fire & Casualty Insurance Company 15,414,592 8,134,843 0 0 07,279,749 0488,123
-8.9% -7.6%1,233Universal Surety of America 14,623,380 22,080 100,486 0 92,01014,601,300 -8,194184,658
0Warner Insurance Company 12,319,279 150,830 0 0 012,168,449 0118,120
40.8% 43.4%1,443Washington International Insurance Company 100,242,374 20,190,184 36,268 25,934 56,54980,052,190 23,0792,925,796
0Watford Insurance Company 29,716,065 9,052,831 0 0 020,663,234 0698,137
***** *****-111,931Wausau Business Insurance Company 34,832,948 6,153,636 -344 156,813 -3,18128,679,311 171,23550,166
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 37 of 39Page 37 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
73.8% 73.8%0Yosemite Insurance Company 156,490,817 93,687,569 123,612 92,686 111,37262,803,248 82,17511,251,120
6.1% 6.1%0Zale Indemnity Company 54,336,404 37,030,252 80,295 3,531 80,29517,306,152 4,88588,588
23.5% 28.5%75,074Zenith Insurance Company 1,824,568,556 1,261,005,974 1,460,710 514,895 1,485,666563,562,581 348,878115,205,718
0ZNAT Insurance Company 73,082,378 46,731,960 0 0 026,350,418 02,732,183
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 38 of 39Page 38 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
IncurredPolicyholder
Company Total Assets
Total
Surplus Net Income Written Losses Paid
Premiums
Earned
Premiums
Incurred
Losses
Ratio
Liabilities
w/o LAE
Containment Ratio
with LAE
Direct Defense
Expense
* **
Loss Lossand Cost
67.6% 81.1%7,891,966Zurich American Insurance Company 31,002,884,451 23,151,205,837 55,261,234 32,074,502 58,356,5957,851,678,614 39,441,659968,849,843
48.4% 60.0%283,022Zurich American Insurance Company of Illinoi 49,746,624 15,541,968 2,243,885 933,923 2,426,57934,204,657 1,173,583815,096
Summary - Licensed Insurers filing on Property/Casualty Blank
Page 39 of 39Page 39 of 39
***** Loss Ratio is less than -1000% or greater than 1000%
* Loss Ratio w/o LAE is Direct Losses Incurred compared to Direct Premiums Earned
** Loss Ratio with LAE is Direct Losses Incurred plus Direct Defense and Cost Containment Expense Incurred (Loss Adjustment Expense) compared to Direct Premiums Earned
Summary of Financial Condition and Mississippi Premiums and Losses
Licensed Insurers filing on Life/Health Blank
For the Year Ended 12/31/2016
Company Total Assets Total Liabilities Capital Surplus Net Income Written Losses Paid
Premiums
4 Ever Life Insurance Company 207,497,489 124,867,113 2,500,000 80,130,376 570,342 367,031 82,197
5 Star Life Insurance Company 286,577,159 246,412,422 2,500,050 37,664,687 -6,220,099 3,097,694 2,254,922
AAA Life Insurance Company 629,205,776 476,475,065 2,500,000 150,230,712 13,117,897 1,816,119 812,461
Ability Insurance Company 1,203,362,547 1,181,945,137 2,500,000 18,917,410 -2,373,117 333,670 368,873
Accordia Life and Annuity Company 8,041,033,190 7,375,331,617 2,500,000 663,201,573 -89,192,174 5,981,020 854,366
ACE Life Insurance Company 51,706,821 43,036,875 2,500,000 6,169,946 -1,971,252 0 0
Aetna Health and Life Insurance Company 2,388,618,145 2,106,080,750 2,500,000 280,037,396 9,522,993 7,736 15,980
Aetna Life Insurance Company 22,376,187,164 18,896,985,246 62,765,560 3,416,436,358 1,251,739,473 78,412,011 69,762,769
PCMAnthem Insurance Companies, Inc. 2,947,485,744 1,978,882,980 968,602,764 430,978,194
LI0Bankers Reserve Life Insurance Company of W 410,427,048 186,734,848 223,692,201 -20,694,945 0 0 0 0
LI631,032Blue Cross & Blue Shield of Mississippi, A Mu 899,060,388 301,771,764 597,288,624 23,588,428 1,334,394,015 1,169,584,812 1,334,063,351 1,170,839,153 87.8%
Summary - Licensed Insurers filing on Health Blank
Page 1 of 3
** Type License HMO - Health Maintenance Organization | LI - Life/Health | PCS - Property/Casualty Single-line | PCM - Property/Casualty Multi-Line ***** Loss Ratio is less than -1000% or greater than 1000%
Company Total Assets Liabilities Net Worth Net Income Written Services
Premiums
Earned
Premiums
Ratio
Loss
Amount Paid
for Provision of
Services
Amount Incurred
for Provision of
Health CareHealth CareTotalMembers in State
Type
Lic
**
HMO27,223Harmony Health Plan, Inc. 384,276,694 232,616,175 151,660,518 16,596,839 226,309,901 171,065,326 226,309,901 173,520,715 76.7%
Summary - Licensed Insurers filing on Health Blank
Page 2 of 3
** Type License HMO - Health Maintenance Organization | LI - Life/Health | PCS - Property/Casualty Single-line | PCM - Property/Casualty Multi-Line ***** Loss Ratio is less than -1000% or greater than 1000%
Company Total Assets Liabilities Net Worth Net Income Written Services
Premiums
Earned
Premiums
Ratio
Loss
Amount Paid
for Provision of
Services
Amount Incurred
for Provision of
Health CareHealth CareTotalMembers in State
Type
Lic
**
LI3,429Symphonix Health Insurance, Inc. 531,560,641 472,414,347 59,146,294 -38,801,599 3,390,984 3,879,045 3,422,801 2,702,013 78.9%
Summary - Licensed Insurers filing on Health Blank
Page 3 of 3
** Type License HMO - Health Maintenance Organization | LI - Life/Health | PCS - Property/Casualty Single-line | PCM - Property/Casualty Multi-Line ***** Loss Ratio is less than -1000% or greater than 1000%