annual statistical report - insurance.pa.gov€¦ · annual statistical report for the period july...

COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT

ANNUAL STATISTICAL REPORT

FOR THE PERIOD

JULY 1, 2007 TO JUNE 30, 2008

Edward G. Rendell Joel S. Ario Governor Insurance Commissioner

www.insurance.state.pa.us www.chipcoverspakids.com

CONTENTS

Insurance Department Facts for the Year Ending December 31, 2007: Vision Statement……………………………………………………………………………………………….1 Program Area Descriptions .............................................................................................................2-12 Insurance Companies Admitted ........................................................................................................13 Producer Services Licensing Report ..................................................................................................14 Financial Examinations Conducted ....................................................................................................15 Companies in Liquidations and Rehabilitation ...................................................................................16 Market Conduct Examinations and Market Oversight Reviews .........................................................17 Insurance Premium Taxes .................................................................................................................18 Receipts and Expenditures ................................................................................................................19 Statistics from the Annual Statements for Licensed Companies for the Year Ending December 31, 2007: Pennsylvania Fraternal Societies .......................................................................................................20 Pennsylvania Health Entities.........................................................................................................21-22 Pennsylvania Life Insurance Companies ...........................................................................................23 Pennsylvania Property and Casualty Companies .........................................................................24-29 Pennsylvania Title Insurance Companies ..........................................................................................30 Foreign Fraternal Societies ................................................................................................................31 Foreign Health Entities .......................................................................................................................32 Foreign Life Insurance Companies ...............................................................................................33-41 Foreign Property and Casualty Companies ..................................................................................42-63 Foreign Title Insurance Companies ...................................................................................................64 Recapitulation of Assets, Surplus and Premiums Written by Licensed Companies for the Year Ending December 31, 2007………...…………….……..…………65 Market Share of all PA Business (Including Licensed Companies, Surplus Lines Companies and Risk Retention Groups) by Line of Business for the Year Ending December 31, 2007: Life/Annuity Business: Life (Industrial)....................................................................................................................................66 Life (Credit)....................................................................................................................................67-68 Life (Ordinary) ...............................................................................................................................69-84 Life (Group) ...................................................................................................................................85-93 Total All Lines of Life Business ........................................................................................ .……..94-110 Annuity (Ordinary) .....................................................................................................................111-120 Annuity (Group) .........................................................................................................................121-124 Total All Lines of Annuity Business ...........................................................................................125-134 Deposit-Type (Ordinary)………………………………………………………………………………135-138 Deposit-Type (Group)…………………………………………………………………………………139-140 Total All Lines of Deposit Type Business…………………………………………………………...141-145 Other (Ordinary)……………………………………………………………………………………………..146 Other (Group)………………………………………………………………………………………………..147 Total All Lines of Other Business…………………………………………………………………….148-149 Total All Lines…………………………………………………………………………………………..150-166 Life/Annuity Business by Group Code: Life (Industrial)..................................................................................................................................167 Life (Credit)................................................................................................................................168-169 Life (Ordinary) ...........................................................................................................................170-178 Life (Group) ...............................................................................................................................179-183 Total All Lines of Life Business ......................................................................................………184-192 Annuity (Ordinary) .....................................................................................................................193-198 Annuity (Group) .........................................................................................................................199-201

CONTENTS

Total All Lines of Annuity Business ...........................................................................................202-207 Deposit-Type (Ordinary)………………………………………………………………………………208-210 Deposit-Type (Group)………………………………………………………………………………………211 Total All Lines of Deposit Type Business……………………………………………………………212-215 Other (Ordinary)……………………………………………………………………………………………..216 Other (Group)………………………………………………………………………………………………..217 Total All Lines of Other Business………………………………………………………………………….218 Total All Lines…………………………………………………………………………………………..219-227 Accident and Health Business (All Company Types): Accident and Health ..................................................................................................................228-245 Credit Accident and Health .......................................................................................................246-247 Accident and Health Business (All Company Types) by Group Code: Accident and Health ..................................................................................................................248-257 Credit Accident and Health .......................................................................................................258-259 Accident and Health Business (Companies Filing Health Annual Statement Only): Total ..........................................................................................................................................260-262 Individual ..........................................................................................................................................263 Group ........................................................................................................................................264-265 Medicare Supplement ......................................................................................................................266 Vision................................................................................................................................................267 Dental ...............................................................................................................................................268 Federal .............................................................................................................................................269 Medicare...........................................................................................................................................270 Medicaid ...........................................................................................................................................271 Other ................................................................................................................................................272 Accident and Health Business (Companies Filing Health Annual Statement Only) by Group Code: Total ..........................................................................................................................................273-274 Individual ..........................................................................................................................................275 Group ...............................................................................................................................................276 Medicare Supplement ......................................................................................................................277 Vision................................................................................................................................................278 Dental ...............................................................................................................................................279 Federal .............................................................................................................................................280 Medicare...........................................................................................................................................281 Medicaid ...........................................................................................................................................282 Other ................................................................................................................................................283 Property/Casualty Business: Fire ............................................................................................................................................284-291 Allied Lines ................................................................................................................................292-305 Multiple Peril Crop ............................................................................................................................306 Federal Flood ............................................................................................................................307-308 Farmowners Multiple Peril .........................................................................................................309-311 Homeowners Multiple Peril........................................................................................................312-321 Commercial Multiple Peril..........................................................................................................322-334 Commercial Multiple Peril (Liability Portion)......................................................................................................................335-348 Mortgage Guaranty ..........................................................................................................................349 Ocean Marine............................................................................................................................350-353 Inland Marine.............................................................................................................................354-369

CONTENTS

Financial Guaranty ...........................................................................................................................370 Medical Malpractice...................................................................................................................371-376 Earthquake ................................................................................................................................377-382 Group Accident and Health .......................................................................................................383-385 Credit Accident and Health (Group and Individual) ..........................................................................386 Collectively Renewable Accident and Health ...................................................................................387 Non-cancelable Accident and Health ...............................................................................................388 Guaranteed Renewable Accident and Health ..................................................................................389 Non-renewable for Stated Reasons Only.........................................................................................390 Other Accident Only .........................................................................................................................391 Medicare...........................................................................................................................................392 All Other Accident and Health...........................................................................................................393 Federal Employees Health Benefits Program Premium………………………………………………...394 Workers Compensation…………………………………………………………………………..…...395-407 Other Liability ............................................................................................................................408-431 Products Liability .......................................................................................................................432-442 Private Passenger Auto No-fault (Personal Injury Protection) ..................................................443-453 Other Private Passenger Auto Liability......................................................................................454-465 Commercial Auto No-fault (Personal Injury Protection).............................................................466-476 Other Commercial Auto Liability................................................................................................477-491 Private Passenger Auto Physical Damage................................................................................492-502 Commercial Auto Physical Damage..........................................................................................503-516 Aircraft (All Perils)......................................................................................................................517-519 Fidelity .......................................................................................................................................520-525 Surety ........................................................................................................................................526-532 Burglary and Theft.....................................................................................................................533-537 Boiler and Machinery.................................................................................................................538-543 Credit................................................................................................................................................544 Aggregate Write-ins for Other Lines of Business ......................................................................545-547 Total All Property-Casualty Lines ..............................................................................................548-584 Property/Casualty Business by Group Code: Fire ............................................................................................................................................585-592 Allied Lines ................................................................................................................................593-599 Multiple Peril Crop ............................................................................................................................600 Federal Flood ............................................................................................................................601-602 Farmowners Multiple Peril .........................................................................................................603-604 Homeowners Multiple Peril........................................................................................................605-609 Commercial Multiple Peril (Non-liability Portion) ...............................................................................................................610-615 Commercial Multiple Peril (Liability Portion)......................................................................................................................616-621 Mortgage Guaranty ..........................................................................................................................622 Ocean Marine............................................................................................................................623-624 Inland Marine.............................................................................................................................625-632 Financial Guaranty ...........................................................................................................................633 Medical Malpractice...................................................................................................................634-637 Earthquake ................................................................................................................................638-640 Group Accident and Health .......................................................................................................641-642 Credit Accident and Health (Group and Individual) ..........................................................................643 Collectively Renewable Accident and Health ...................................................................................644 Non-cancelable Accident and Health ...............................................................................................645 Guaranteed Renewable Accident and Health ..................................................................................646 Non-renewable for Stated Reasons Only.........................................................................................647 Other Accident Only .........................................................................................................................648 Medicare...........................................................................................................................................649 All Other Accident and Health...........................................................................................................650 Federal Employees Health Benefits Program Premium………………………………………………...651

CONTENTS

Workers Compensation..................................................................................................... ……652-657 Other Liability ............................................................................................................................658-669 Products Liability .......................................................................................................................670-673 Private Passenger Auto No-fault (Personal Injury Protection) ..................................................674-677 Other Private Passenger Auto Liability......................................................................................677-681 Commercial Auto No-fault (Personal Injury Protection).............................................................682-686 Other Commercial Auto Liability................................................................................................687-693 Private Passenger Auto Physical Damage................................................................................694-697 Commercial Auto Physical Damage..........................................................................................698-703 Aircraft (All Perils)......................................................................................................................704-705 Fidelity .......................................................................................................................................706-708 Surety ........................................................................................................................................709-712 Burglary and Theft.....................................................................................................................713-715 Boiler and Machinery.................................................................................................................716-718 Credit................................................................................................................................................719 Aggregate Write Ins for Other Lines of Business ......................................................................720-721 Total All Property-Casualty Lines ..............................................................................................722-739

Insurance Department Contact Person for this Report: Kaushik K. Patel at (717) 787-5890 or

ra-in-analysis@state.pa.us

Department Website is www.ins.state.pa.us