Insurance Tax

TABLE 31—2003 TAXABLE INSURANCE PREMIUMS

AND TOTAL TAXES ASSESSED IN 2004, BY COMPANY

Name of company / Taxable premiums
(In thousands) / Total tax
assessed
1 / 2 / 3
FIRE AND CASUALTY INSURERS
ACE American Insurance Company / $288,797 / $6,786,737
Allstate Indemnity Company / 895,678 / 21,048,442
Allstate Insurance Company / 1,440,094 / 33,842,210
Ambac Assurance Corporation / 188,139 / 4,421,257
AMCO Insurance Company / 389,788 / 9,160,021
American Home Assurance Company / 491,708 / 11,555,141
The American Insurance Company / 218,042 / 5,123,979
Arch Insurance Company / 192,570 / 4,525,407
California Automobile Insurance Company / 170,656 / 4,010,415
California Capital Insurance Company / 193,218 / 4,540,615
California State Automobile Association Inter-Insurance Bureau / 1,785,398 / 41,956,863
Century-National Insurance Company / 194,038 / 4,559,888
Clarendon National Insurance Company / 326,110 / 7,663,582
Coast National Insurance Company / 424,908 / 9,985,335
Continental Casualty Company / 476,591 / 11,199,877
Everest National Insurance Company / 665,214 / 15,632,534
Factory Mutual Insurance Company / 225,882 / 5,308,230
Farmers Insurance Exchange / 2,169,955 / 50,993,946
Federal Insurance Company / 849,531 / 19,963,968
Fire Insurance Exchange / 996,002 / 23,406,044
Fireman's Fund Insurance Company / 435,600 / 10,236,595
GEICO General Insurance Company / 256,222 / 6,021,208
Granite State Insurance Company / 212,391 / 4,991,178
Harbor Specialty Insurance Company / 247,380 / 5,813,425
Hartford Casualty Insurance Company / 374,427 / 8,799,039
Hartford Fire Insurance Company / 333,738 / 7,842,848
Hartford Underwriters Insurance Company / 196,260 / 4,612,119
Infinity Insurance Company / 348,708 / 8,194,649
The Insurance Company of the State of Pennsylvania / 275,134 / 6,465,637
Interinsurance Exchange of the Automobile Club / 1,747,966 / 41,077,202
Liberty Mutual Fire Insurance Company / 447,390 / 10,862,133
Lincoln General Insurance Company / 212,442 / 4,992,381
Mercury Casualty Company / 632,150 / 14,855,527
Mercury Insurance Company / 1,057,059 / 24,840,883
Mid-Century Insurance Company / 213,544 / 5,018,290
Mortgage Guaranty Insurance Corporation / 202,962 / 4,769,598
National Union Fire Insurance Company of Pittsburgh, PA / 814,008 / 19,129,196
Nationwide Mutual Insurance Company / 272,360 / 6,400,466
Norcal Mutual Insurance Company / 187,885 / 4,415,295
Peerless Insurance Company / 180,413 / 4,706,855
Progressive Casualty Insurance Company / 227,415 / 5,344,262
Progressive West Insurance Company / 257,668 / 6,055,196
Republic Indemnity Company of California / 212,366 / 4,990,607
Safeco Insurance Company of America / 441,293 / 10,370,383
St. Paul Fire & Marine Insurance Company / 497,363 / 11,688,026
State Compensation Insurance Fund / 7,791,399 / 183,097,869
State Farm General Insurance Company / 1,671,915 / 39,290,000
State Farm Mutual Automobile Insurance Company / 2,792,120 / 65,614,810
The Travelers Indemnity Company of Illinois / 611,651 / 14,373,794
Truck Insurance Exchange / 310,464 / 7,295,905
21st Century Insurance Company / 1,173,978 / 27,588,478
United Services Automobile Association / 364,636 / 8,568,940
United States Fire Insurance Company / 228,729 / 5,375,124
USAA Casualty Insurance Company / 362,394 / 8,516,251
Virginia Surety Company, Inc. / 211,475 / 4,969,672
Zenith Insurance Company / 534,783 / 12,567,406
Zurich American Insurance Company / 555,811 / 13,061,554
609 other fire and casualty insurersa / 16,760,107 / 396,592,993
Totals for fire and casualty insurers / $56,235,925 / $1,325,090,283

a. Each having a total tax of less than $4,000,000. In addition, there were 203 fire and casualty insurers that reported no tax liability.

Insurance Tax

TABLE 31—2003 TAXABLE INSURANCE PREMIUMS

AND TOTAL TAXES ASSESSED IN 2004, BY COMPANY—Concluded

Name of company / Taxable premiums
(In thousands) / Total tax
assessed
1 / 2 / 3
LIFE INSURERS
Aetna Life Insurance Company / $490,673 / $11,538,514
Allstate Life Insurance Company / 142,430 / 3,317,920
American Family Life Assurance Company of Columbus / 155,043 / 3,643,513
American General Life Insurance Company / 282,527 / 6,569,223
BC Life & Health Insurance Company / 1,428,161 / 33,561,795
Connecticut General Life Insurance Company / 796,433 / 18,405,685
The Equitable Life Assurance Society of the United States / 185,062 / 4,523,470
Farmers New World Life Insurance Company / 198,344 / 4,638,988
Fidelity & Guaranty Life Insurance Company / 209,070 / 3,660,102
First Colony Life Insurance Company / 201,464 / 4,578,655
Fortis Benefits Insurance Company / 189,610 / 4,455,840
General American Life Insurance Company / 119,106 / 2,661,024
General Electric Capital Assurance Company / 182,168 / 4,217,849
Great-West Life & Annuity Insurance Company / 118,726 / 2,779,246
The Guardian Life Insurance Company of America / 435,853 / 10,114,968
Hartford Life & Accident Insurance Company / 166,030 / 3,901,708
Health Net Life Insurance Company / 488,737 / 11,485,310
IDS Life Insurance Company / 145,596 / 3,384,284
Jefferson Pilot Financial Insurance Company / 147,078 / 3,434,349
John Hancock Life Insurance Company / 121,048 / 2,810,645
John Hancock Variable Life Insurance Company / 180,568 / 4,236,424
Life Insurance Company of North America / 223,845 / 5,260,349
Lincoln Benefit Life Company / 169,977 / 3,883,660
The Lincoln National Life Insurance Company / 322,097 / 7,459,360
The Manufacturers Life Insurance Company (U.S.A.) / 256,209 / 5,976,487
Massachusetts Mutual Life Insurance Company / 315,400 / 6,805,049
Metropolitan Life Insurance Company / 949,681 / 22,131,789
Minnesota Life Insurance Company / 133,485 / 3,102,688
Nationwide Life Insurance Company / 301,033 / 7,027,414
New York Life Insurance & Annuity Corporation / 248,586 / 5,840,393
New York Life Insurance Company / 600,285 / 13,486,525
The Northwestern Mutual Life Insurance Company / 558,575 / 12,939,792
Pacific Life Insurance Company / 472,933 / 9,865,158
Pacificare Life & Health Insurance Company / 227,589 / 5,348,350
Primerica Life Insurance Company / 205,202 / 4,822,257
Principal Life Insurance Company / 346,899 / 7,652,215
Provident Life & Accident Insurance Company / 127,344 / 2,992,596
Pruco Life Insurance Company / 118,477 / 2,780,024
The Prudential Insurance Company of America / 804,965 / 12,169,592
Reliastar Life Insurance Company / 164,271 / 3,833,264
Security Life of Denver Insurance Company / 118,687 / 2,780,626
Standard Insurance Company / 228,355 / 5,362,831
State Farm Life Insurance Company / 263,213 / 5,755,466
Sun Life Assurance Company of Canada / 127,726 / 2,977,625
Transamerica Life Insurance Company / 148,638 / 3,470,907
Transamerica Occidental Life Insurance Company / 331,048 / 7,745,211
The Travelers Insurance Company / 145,424 / 3,371,289
United Healthcare Insurance Company / 416,122 / 9,778,870
United of Omaha Life Insurance Company / 163,436 / 3,269,415
Unum Life Insurance Company of America / 489,170 / 11,495,496
Valley Forge Life Insurance Company / 114,153 / 2,682,566
Western Reserve Life Assurance Company of Ohio / 201,253 / 4,734,632
395 other life insurersb / 6,583,426 / c / 147,607,087 / c
Totals for life insurers / $22,261,231 / $502,328,495 / d
Totals for fire and casualty insurers / 56,235,925 / 1,325,090,283 / d
Totals for title insurerse / 542,664 / 12,791,410 / d
Totals for all insurers / $79,039,820 / $1,840,210,189

b. Each having a total tax of less than $2,600,000. In addition, there were 62 life insurers that reported no tax liability.

c. Includes one return for non-admitted companies.

d. Retaliatory taxes of $3,545,922 for fire and casualty insurers, $288,350 for life insurers, and $38,821 for title insurers have been included in the assessments by company.

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

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