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Company Details
PROFESSIONAL INSURANCE COMPANY License Status :
Active
NAIC Number :
68047
Phone Number:
8063726785
Company Address:
96 Worcester Street, Attn: Law Department
Wellesley Hills, MA 02481
Description:
Life and Health
License Number:
A420710
Date Admitted:
1963-01-04
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.00% | $82,905 | $85,665 | $56,617 | $56,617 | 66.09 % |
| 2023 | Total Individual Accident & Health | 0.00% | $82,905 | $85,665 | $56,617 | $56,617 | 66.09 % |
| 2023 | Individual Specified Disease | 0.01% | $8,992 | $9,291 | $0 | $0 | 0.00 % |
| 2023 | Individual Disability Income | 0.06% | $70,525 | $72,873 | $51,897 | $51,897 | 71.22 % |
| 2023 | Individual Limited Benefit | 0.00% | $3,388 | $3,501 | $4,720 | $4,720 | N/A |
| 2023 | Total Life | 0.00% | $3,416 | $0 | $100,000 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $3,416 | $0 | $100,000 | $0 | N/A |
| 2023 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Term Life | 0.00% | $3,416 | $0 | $100,000 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $108,312 | $109,865 | $79,406 | $79,406 | 72.28 % |
| 2022 | Total Individual Accident & Health | 0.00% | $108,312 | $109,865 | $79,406 | $79,406 | 72.28 % |
| 2022 | Individual Specified Disease | 0.01% | $10,265 | $10,412 | $0 | $0 | 0.00 % |
| 2022 | Individual Accident Only | 0.00% | $2,010 | $2,038 | $0 | $83 | 4.07 % |
| 2022 | Individual Disability Income | 0.08% | $91,981 | $93,301 | $70,341 | $70,258 | 75.30 % |
| 2022 | Individual Limited Benefit | 0.00% | $4,056 | $4,114 | $9,065 | $9,065 | N/A |
| 2022 | Total Life | 0.00% | $4,334 | $0 | $0 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $4,334 | $0 | $0 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Individual Term Life | 0.00% | $4,334 | $0 | $0 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.00% | 0 | 0 |
| 2023 | Life and Annuities | 0.00% | 0 | 0 |
| 2022 | Health | 0.00% | 0 | 0 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
Company Changes
Effective Date: 12/01/1998
Comments: Professional Insurance Corp. changed its name to Professional Insurance Co.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.