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Company Details
WELLFLEET INSURANCE COMPANY License Status :
Active
NAIC Number :
32280
Phone Number:
2604924031
Company Address:
5814 REED ROAD
FORT WAYNE, IN 46835-3568
Description:
Property and Casualty
License Number:
B418101
Date Admitted:
1996-07-09
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 |
|---|---|---|---|---|---|---|---|
| 2022 | Total Accident & Health | 0.00% | $2,033,388 | $1,225,367 | $655,641 | $785,997 | 64.14 % |
| 2022 | Total Group Accident & Health | 0.00% | $2,033,388 | $1,225,367 | $655,641 | $785,997 | 64.14 % |
| 2022 | Group Comprehensive Medical Expense - Large Employer | 0.01% | $1,853,667 | $1,046,189 | $632,751 | $743,741 | 71.09 % |
| 2022 | Group Accident Only | 0.04% | $179,721 | $179,178 | $22,890 | $42,256 | 23.58 % |
| 2022 | Total Property & Casualty | 0.00% | $223,857 | $182,418 | $142,284 | $113,077 | 61.99 % |
| 2022 | Direct Workers Compensation | 0.01% | $223,857 | $182,418 | $142,284 | $113,077 | 61.99 % |
| 2021 | Total Accident & Health | 0.00% | $577,210 | $18,344 | $374,506 | $0 | 0.00 % |
| 2021 | Total Group Accident & Health | 0.00% | $577,210 | $18,344 | $374,506 | $0 | 0.00 % |
| 2021 | Group Comprehensive Medical Expense - Small Employer | 0.01% | $577,210 | $18,344 | $374,506 | $0 | 0.00 % |
| 2021 | Total Property & Casualty | 0.00% | $128,286 | $105,106 | $125,260 | $144,796 | N/A |
| 2021 | Direct Workers Compensation | 0.00% | $128,286 | $105,106 | $125,260 | $144,796 | N/A |
| 2020 | Total Accident & Health | 0.00% | $428,474 | $569,280 | $578,522 | $559,289 | 98.24 % |
| 2020 | Total Group Accident & Health | 0.00% | $428,474 | $569,280 | $578,522 | $559,289 | 98.24 % |
| 2020 | Group Comprehensive Medical Expense - Large Employer | 0.00% | $416,385 | $564,863 | $578,522 | $557,330 | 98.67 % |
| 2020 | Group Accident Only | 0.00% | $12,089 | $4,417 | $0 | $1,959 | 44.35 % |
| 2020 | Total Property & Casualty | 0.00% | $65,404 | $47,862 | $128,118 | $843,992 | N/A |
| 2020 | Direct Workers Compensation | 0.00% | $65,404 | $47,862 | $128,118 | $843,992 | 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 |
|---|---|---|---|---|
| 2022 | Health | 0.01% | 0 | 0 |
| 2021 | Health | 0.01% | 0 | 0 |
| 2020 | Health | 0.01% | 0 | 0 |
Company Changes
Effective Date: 05/31/2017
Comments: Effective 5/31/2017 this company added accident and health authority and redomesticated from California to Indiana.
Effective Date: 07/10/2019
Comments: Effective 7/10/2019 Commercial Casualty Insurance Company changed its name to Wellfleet Insurance Company
Effective Date: 03/21/2022
Comments: Effective 03/21/2022 the above company was approved to write additional lines of authority of B1-Property and B5-Miscellaneous.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.