B
Independence American Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.05
Risk Adjusted
Capital Ratio #2
0.70
Loss
Ratio
60.20%
Total
Assets
448.38M
Capital
251.80M
Net
Premiums
527.54M
Net
Income
22.52M
My Lists My Alerts
Weiss Ratings Independence American Ins Co
Scottsdale, AZ 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 5.10
Investment Safety Index --
Liquidity Index 4.50
Profitability Index 8.60
Reserve Adequacy Index 9.40
Stability Index 4.10
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 448.38M
Capital and Reserves Independence American Ins Co
Scottsdale, AZ 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.05
Risk-Adjusted Capital Ratio #2 0.70
1-Year Reserve Development -410.00%
2-Year Reserve Development -630.00%
Capital 251.80M
Premium to Surplus 320.00%
Reserves to Surplus 40.00%
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 110.00%
Combined Ratio 100.00%
Expense Ratio 40.00%
Loss Ratio 60.20%
Net Premium Growth 40.00%
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 22.52M
Net Premium 527.54M
Health Premium --