Independence American Ins Co

Scottsdale, AZ

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.56

Risk Adjusted
Capital Ratio #2

1.02

Loss
Ratio

61.36%

Total
Assets

634.58M

Capital

409.57M

Net
Premiums

804.37M

Net
Income

52.64M

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Weiss Ratings	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.00
Investment Safety Index	--
Liquidity Index	2.80
Profitability Index	8.60
Reserve Adequacy Index	9.30
Stability Index	4.60

Company Info	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	26581
Phone Number	(877) 559-7919
Website	www.independenceamerican.com
Address	11333 N. Scottsdale Road Scottsdale, AZ 85254

Balance Sheet	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Total Assets	634.58M

Capital and Reserves	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.56
Risk-Adjusted Capital Ratio #2	1.02
1-Year Reserve Development	-3.51%
2-Year Reserve Development	-4.22%
Capital	409.57M
Premium to Surplus	196.39%
Reserves to Surplus	19.05%

Investments	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	99.37%
Combined Ratio	95.45%
Expense Ratio	34.09%
Loss Ratio	61.36%
Net Premium Growth	-2.06%

Other Medical	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	Independence American Ins Co Scottsdale, AZ	Click to Compare	Click to Compare	Click to Compare
Net Income	52.64M
Net Premium	804.37M
Health Premium	--