Insurance Tax

TABLE 31—2002 TAXABLE INSURANCE PREMIUMS

AND TOTAL TAXES ASSESSED IN 2003, BY COMPANY

Name of company / Taxable premiums
(In thousands) / Total tax
assessed
1 / 2 / 3
FIRE AND CASUALTY INSURERS
ACE American Insurance Company ...... / $253,962 / $5,968,098
Allstate Indemnity Company ...... / 955,681 / 22,458,513
Allstate Insurance Company ...... / 1,333,005 / 31,325,611
Allstate Property & Casualty Insurance Company ...... / 153,716 / 3,612,322
Ambac Assurance Corporation ...... / 162,805 / 3,825,927
AMCO Insurance Company ...... / 342,902 / 8,058,196
American Home Assurance Company ...... / 309,697 / 7,277,870
American Manufacturers Mutual Insurance Company ...... / 182,448 / 4,287,532
American States Insurance Company ...... / 147,696 / 3,470,859
California Capital Insurance Company ...... / 159,066 / 3,738,042
California State Automobile Association Inter-Insurance Bureau ...... / 1,618,985 / 38,046,159
Century-National Insurance Company ...... / 154,434 / 3,629,199
Clarendon National Insurance Company ...... / 271,471 / 6,379,570
Coast National Insurance Company ...... / 324,251 / 7,619,891
Continental Casualty Company ...... / 397,498 / 9,341,213
Everest National Insurance Company ...... / 546,625 / 12,845,686
Factory Mutual Insurance Company ...... / 250,482 / 5,886,335
Farmers Insurance Exchange ...... / 2,076,102 / 48,788,395
Federal Insurance Company ...... / 680,591 / 15,993,884
Fire Insurance Exchange ...... / 932,698 / 21,918,401
Fireman's Fund Insurance Company ...... / 488,284 / 11,474,671
GEICO General Insurance Company ...... / 244,311 / 5,741,311
Government Employees Insurance Company ...... / 149,151 / 3,505,048
Greenwich Insurance Company ...... / 223,348 / 5,248,688
Hartford Casualty Insurance Company ...... / 333,328 / 7,833,218
Hartford Fire Insurance Company ...... / 281,575 / 6,617,017
Hartford Underwriters Insurance Company ...... / 175,920 / 4,134,120
Infinity Insurance Company ...... / 265,998 / 6,250,958
The Insurance Company of the State of Pennsylvania ...... / 174,313 / 4,096,357
The Insurance Corporation of New York ...... / 146,990 / 3,454,257
Interinsurance Exchange of the Automobile Club ...... / 1,503,662 / 35,336,060
Liberty Mutual Fire Insurance Company ...... / 369,555 / 9,421,010
Lumbermens Mutual Casualty Company ...... / 287,493 / 6,756,084
Mercury Casualty Company ...... / 499,048 / 11,727,623
Mercury Insurance Company ...... / 915,754 / 21,520,215
Mid-Century Insurance Company ...... / 207,431 / 4,874,633
Mortgage Guaranty Insurance Corporation ...... / 172,024 / 4,042,559
National Union Fire Insurance Company of Pittsburgh, PA ...... / 728,669 / 17,123,723
Nationwide Mutual Insurance Company ...... / 267,713 / 6,291,262
Norcal Mutual Insurance Company ...... / 152,728 / 3,589,114
Peerless Insurance Company ...... / 182,046 / 4,278,078
Progressive West Insurance Company ...... / 145,332 / 3,415,313
Republic Indemnity Company of California ...... / 151,362 / 3,557,010
Royal Indemnity Company ...... / 130,598 / 3,889,755
Royal Insurance Company of America ...... / 149,480 / 3,512,774
Safeco Insurance Company of America ...... / 401,571 / 9,436,920
St. Paul Fire & Marine Insurance Company ...... / 372,030 / 8,742,709
State Compensation Insurance Fund ...... / 5,397,482 / 126,840,831
State Farm General Insurance Company ...... / 1,513,798 / 35,574,259
State Farm Mutual Automobile Insurance Company ...... / 2,446,131 / 57,484,077
The Travelers Indemnity Company of Illinois ...... / 453,456 / 10,656,213
Truck Insurance Exchange ...... / 311,218 / 7,313,619
21st Century Insurance Company ...... / 956,490 / 22,477,505
United Services Automobile Association ...... / 403,186 / 9,474,871
USAA Casualty Insurance Company ...... / 329,824 / 7,750,862
Viking Insurance Company of Wisconsin ...... / 167,125 / 3,927,448
XL Specialty Insurance Company ...... / 157,574 / 3,702,982
Zenith Insurance Company ...... / 312,691 / 7,348,239
Zurich American Insurance Company ...... / 414,565 / 9,742,268
619 other fire and casualty insurersa...... / 15,686,970 / b / 370,216,194 / b
Totals for fire and casualty insurers ...... / $48,924,339 / $1,152,851,559

a.Each having a total tax of less than $3,400,000. In addition, there were 196 fire and casualty insurers that reported no tax liability.

b.Includes one return for non-admitted companies.

Insurance Tax

TABLE 31—2002 TAXABLE INSURANCE PREMIUMS

AND TOTAL TAXES ASSESSED IN 2003, BY COMPANY—Concluded

Name of company / Taxable premiums
(In thousands) / Total tax
assessed
1 / 2 / 3
LIFE INSURERS
Aetna Life Insurance Company ...... / $652,688 / $15,328,962
Allstate Life Insurance Company ...... / 134,828 / 3,186,854
American Family Life Assurance Company of Columbus ...... / 127,677 / 3,000,401
American General Life Insurance Company ...... / 128,520 / 2,957,003
BC Life & Health Insurance Company ...... / 1,082,964 / 25,449,647
Connecticut General Life Insurance Company ...... / 738,136 / 17,253,967
The Equitable Life Assurance Society of the United States ...... / 169,865 / 4,241,272
Farmers New World Life Insurance Company ...... / 187,027 / 4,378,350
Fidelity & Guaranty Life Insurance Company ...... / 254,515 / 4,207,494
First Colony Life Insurance Company ...... / 190,108 / 4,475,076
Fortis Benefits Insurance Company ...... / 196,710 / 4,622,689
General Electric Capital Assurance Company ...... / 167,895 / 3,920,601
The Guardian Life Insurance Company of America ...... / 426,960 / 9,965,405
Hartford Life & Accident Insurance Company ...... / 158,523 / 3,725,292
Hartford Life Insurance Company ...... / 138,777 / 3,116,183
Health Net Life Insurance Company ...... / 328,797 / 7,726,732
IDS Life Insurance Company ...... / 143,878 / 3,329,824
Jackson National Life Insurance Company ...... / 113,844 / 2,512,804
Jefferson Pilot Financial Insurance Company ...... / 154,075 / 3,605,450
Jefferson-Pilot Life Insurance Company ...... / 111,185 / 2,602,686
John Hancock Mutual Life Insurance Company ...... / 175,469 / 3,865,125
John Hancock Variable Life Insurance Company ...... / 214,075 / 5,028,506
Life Insurance Company of North America ...... / 218,178 / 5,127,185
Lincoln Benefit Life Company ...... / 151,122 / 3,464,019
The Lincoln National Life Insurance Company ...... / 224,901 / 5,111,129
The Manufacturers Life Insurance Company (U.S.A.) ...... / 276,061 / 6,433,271
Massachusetts Mutual Life Insurance Company ...... / 275,653 / 5,927,338
Metropolitan Life Insurance Company ...... / 915,727 / 21,353,991
Minnesota Life Insurance Company ...... / 125,897 / 2,944,338
Nationwide Life Insurance Company ...... / 277,531 / 6,426,201
New York Life Insurance & Annuity Corporation ...... / 237,432 / 5,578,113
New York Life Insurance Company ...... / 558,676 / 12,551,899
The Northwestern Mutual Life Insurance Company ...... / 513,510 / 11,863,682
Pacific Life Insurance Company ...... / 399,650 / 8,883,159
Pacificare Life & Health Insurance Company ...... / 122,315 / 2,874,398
Primerica Life Insurance Company ...... / 190,016 / 4,465,364
Principal Life Insurance Company ...... / 381,229 / 8,013,838
Provident Life & Accident Insurance Company ...... / 129,475 / 3,042,660
The Prudential Insurance Company of America ...... / 897,832 / 13,788,313
Reliastar Life Insurance Company ...... / 147,551 / 3,431,122
Standard Insurance Company ...... / 225,674 / 5,279,518
State Farm Life Insurance Company ...... / 239,281 / 5,252,863
Sun Life Assurance Company of Canada ...... / 127,404 / 2,967,723
Sun Life Assurance Company of Canada (U.S.) ...... / 238,322 / 5,588,413
Transamerica Occidental Life Insurance Company ...... / 340,122 / 7,644,923
The Travelers Insurance Company ...... / 160,323 / 3,608,202
United Healthcare Insurance Company ...... / 380,290 / 8,936,812
United of Omaha Life Insurance Company ...... / 156,360 / 3,215,078
Unum Life Insurance Company of America ...... / 452,796 / 10,640,713
Western Reserve Life Assurance Company of Ohio ...... / 216,461 / 5,099,368
410 other life insurersc...... / 7,062,986 / d / 157,847,661 / d
Totals for life insurers ...... / $21,639,291 / $485,861,617 / e
Totals for fire and casualty insurers ...... / 48,924,339 / 1,152,851,559 / e
Totals for title insurersf...... / 378,861 / 8,924,913 / e
Totals for all insurers ...... / $70,942,491 / $1,647,638,089

c.Each having a total tax of less than $2,500,000. In addition, there were 71 life insurers that reported no tax liability.

d.Includes one return for non-admitted companies.

e.Retaliatory taxes of $3,129,464 for fire and casualty insurers, $208,383 for life insurers, and $21,658 for title insurers have been included in the assessments by company.

f.Includes 21 insurers. In addition, there was one title insurer that reported no tax liability.

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