Appendix Table 2

Oregon workers' compensation premiums, loss ratios, & expense

loading factors for major private insurer groups, 2004 & 2005

2005

2004

Total-system

 Direct

Expense

Total-system

 Direct

Expense

written

 premiums

Loss

loading

written

 premiums

Loss

loading

NAME

premium¹

 earned

ratio

factor

premium¹

 earned

ratio

factor

Liberty Mutual Group

Employers Ins. Co. Of Wausau

1,863,834

1,882,586

-167.9

1.639

6,700,505

6,230,395

26.2

1.639

First Liberty Ins. Corp. (The)

32,081

14,593

-15.9

1.550

80,988

81,298

120.7

1.490

Liberty Ins. Corp.

26,920,082

22,277,406

107.0

1.550

22,782,065

19,329,339

68.4

1.200

Liberty Mutual Fire Ins. Co.

(2,067,030)

(210,779)

-1467

1.550

20,013,573

20,363,052

145.2

1.490

Liberty Mutual Ins. Co.

1,406,363

970,366

-315.0

1.550

6,980,446

6,809,025

116.0

1.490

Liberty Northwest Ins. Corp.

122,035,832

121,610,189

104.9

1.347

124,044,907

123,598,657

89.4

1.313

Lm Ins. Corp.

89,715

98,994

189.4

1.550

105,740

96,703

105.3

1.490

Wausau Business Ins. Co.

685,855

371,427

54.4

1.450

113,908

69,014

86.8

1.450

Wausau Underwriters Ins. Co.

1,440,017

1,367,794

68.6

1.600

778,545

524,781

185.5

1.600

152,406,749

148,382,576

100.8

1.381

181,600,677

177,102,264

92.6

1.334

American Int'l Group

AIU Ins. Co.

17,921

82,191

-9.5

1.218

85,552

21,282

76.4

1.218

American Home Assurance Co.

20,560,874

12,763,094

37.2

1.523

15,088,873

9,016,997

124.2

1.523

American Int'l Pacific Ins. Co.

41,142

98,946

134.6

1.371

85,018

27,214

113.1

1.371

American Int'l South Ins. Co.

39,358

22,384

-6.8

1.142

12,734

3,251

5.9

1.142

American Int'l Specialty Lines Ins. Co.

1,638

1,670

N/A

0

1

Birmingham Fire Ins. Co. Of PA

6,198,170

2,837,066

60.2

1.523

2,477,099

89,317

77.3

1.523

Commerce & Industry Ins. Co.

15,885,937

15,898,643

96.1

1.580

14,907,401

12,412,501

50.4

1.580

Granite State Ins. Co.

148,864

124,840

41.9

1.523

32,312

28,028

165.3

1.523

Illinois National Ins. Co.

166,300

165,508

34.4

1.523

-26,130

-22,580

-5.5

1.523

Ins. Co. Of The State Of PA

5,277,396

375,700

458.2

1.523

875,720

-1,566,738

77.3

1.523

National Union Fire Ins. Co. Of Pittsburg

5,835,544

2,817,035

-378.3

1.523

11,935,845

7,948,830

55.5

1.523

New Hampshire Ins. Co.

375,718

177,901

-85.7

1.218

98,651

20,630

279.2

1.218

54,547,224

35,363,308

36.4

1.544

45,573,075

27,978,733

77.3

1.547

St. Paul Travelers Ins. Group

Athena Assurance Co.

3,151

13,434

27.5

1.616

13,848

2,309

41.0

1.616

Charter Oak Fire Ins. Co.

121,941

48,724

87.3

1.311

118,945

126,536

7.0

1.311

Discover Property & Cas. Ins. Co.

100,634

93,264

80.2

1.357

96,610

94,402

17.3

1.342

Fidelity & Guaranty Ins. Co.

6,990,523

5,941,876

62.1

1.000

6,582,807

6,543,881

149.6

1.000

Fidelity & Guaranty Ins. Underwriters, Inc

338

354

8,299

1.214

933

661

10,918

1.214

Gulf Ins. Co.

0

0

N/A

1.500

10,078

-34,630

138.0

1.500

Phoenix Ins. Co.

27,482

13,929

1,093

1.557

-16,757

-5,263

484.2

1.557

St. Paul Fire & Marine Ins. Co.

1,879,918

1,884,205

37.5

1.616

8,081,478

2,459,866

48.6

1.616

St. Paul Guardian Ins. Co.

145,063

183,632

32.8

1.131

169,339

189,139

36.3

1.131

St. Paul Mercury Ins. Co.

705,265

535,545

56.1

1.374

597,940

669,279

60.0

1.374

Standard Fire Ins. Co. (The)

486,610

255,580

350.2

1.640

95,592

-542,593

-78.5

1.640

Travelers Cas. & Surety Co.

430,226

230,946

-91.2

1.639

491,823

554,698

196.9

1.639

Travelers Cas. & Surety Co. Of America

6,450

(42,616)

-107.6

1.640

7,950

78,030

76.5

1.640

Travelers Cas. Ins. Co. Of America

0

0

N/A

1.560

0

-18,050

686.6

1.560

Travelers Indemnity Co. (The)

604,795

854,867

108.9

1.196

516,174

329,943

1,393

1.196

Travelers Indemnity Co. Of America

89,253

48,099

254.5

1.475

-27,586

-26,172

-250.4

1.475

Travelers Property Cas. Co. Of America

8,779,810

9,432,718

94.1

1.639

10,291,867

10,458,174

94.6

1.639

United States Fidelity & Guaranty Co.

194,264

147,833

143.1

1.554

297,559

254,709

0.0

1.554

20,565,723

19,642,390

81.1

1.341

27,328,600

21,134,919

132.1

1.345

Ace Ins. Group

Ace Fire Underwriters Ins. Co.

16,092,166

6,173,721

-5.8

1.350

50,278

15,400

654.3

1.215

Ace Property & Cas. Ins. Co.

97,677

30,343

406.5

1.500

-30,764

-62,773

-1,993

1.638

Ace Indemnity Ins. Co.

0

37

420464

1.350

-3,454

-3,547

-2,324

1.350

Ace American Ins. Co.

(121,596)

(106,688)

-97.6

1.638

16,362,096

6,746,544

33.5

1.350

Bankers Standard Ins. Co.

0

0

N/A

1.080

4,704

1,425

-11,771

1.080

Indemnity Ins. Co. Of North America

6,876,116

406,763

52.3

1.080

6,603,250

1,654,697

7.9

1.080

Ins. Co. Of North America

163,281

164,115

130.7

1.350

-197,206

-306,091

14.0

1.350

Pacific Employers Ins. Co.

2,362,234

2,294,074

4.6

1.638

-34,148

-610,171

-166.3

1.350

25,469,878

8,962,365

5.1

1.394

22,754,756

7,435,484

62.2

1.277

American Zurich Group

American Guarantee & Liability Ins. Co.

(96,034)

(117,549)

-24.2

1.640

480,361

267,055

26.6

1.640

American Zurich Ins. Co.

3,575,692

929,003

51.9

1.640

2,492,970

844,713

45.9

1.640

Assurance Co. Of America

10,984

9,977

-80.8

1.640

11,867

12,578

19.1

1.640

Farmers Ins. Exchange

2,436,928

2,404,264

75.8

1.592

2,574,696

2,450,680

83.7

1.500

Fidelity & Deposit Co. Of MD

19,612

22,967

77.6

1.640

36,790

36,994

-26.3

1.640

Maryland Cas. Co.

221,854

261,190

16.5

1.640

265,406

265,267

104.2

1.640

Mid-Century Ins. Co.

1,536,342

1,528,473

61.7

1.338

1,556,295

1,554,217

89.4

1.200

Northern Ins. Co. Of New York

9,556

11,577

-258.8

1.640

11,420

8,678

261.8

1.640

Truck Ins. Exchange

6,512,549

6,266,200

60.1

1.392

5,681,725

5,383,700

81.5

1.300

Universal Underwriters Ins. Co.

523,778

537,957

-13.3

1.377

1,047,335

935,342

83.4

1.301

Valiant Ins. Co.

212

624

-1,442

1.640

0

-90

-9,200

1.640

Zurich American Ins. Co.

22,250,164

9,591,670

57.9

1.640

7,317,413

3,475,454

162.3

1.640

Zurich American Ins. Co. of IL

(6,761)

(6,761)

N/A

0

0

37,008,397

21,453,114

58.4

1.524

21,476,279

15,234,588

98.5

1.413

Hartford Fire & Cas. Group

Hartford Accident & Indemnity Co.

828,226

555,066

-11.1

1.533

238,673

102,345

-184.7

1.533

Hartford Cas. Ins. Co.

1,490,689

1,148,886

5.1

1.303

952,388

853,018

96.0

1.303

Hartford Fire Ins. Co.

4,206,390

2,700,863

53.1

1.303

3,316,773

1,940,350

7.8

1.303

Hartford Ins. Co. Of The Midwest

2,423,078

1,585,846

48.9

1.380

1,547,028

1,520,520

67.9

1.380

Hartford Underwriters Ins. Co.

4,905,153

3,435,364

56.3

1.580

3,256,273

3,089,120

42.7

1.580

Twin City Fire Ins. Co.

6,593,923

5,614,185

59.3

1.533

4,994,811

4,792,576

43.6

1.533

20,447,459

15,040,210

49.6

1.460

14,305,946

12,297,929

42.5

1.465

Total for Top Groups

310,445,430

248,843,963

79.9

1.415

313,039,333

261,183,917

91.298

1.364