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Company Details
MERCHANTS BONDING COMPANY (MUTUAL) License Status :
Active
NAIC Number :
14494
Phone Number:
5152438171
Company Address:
P.O BOX 14498
DES MOINES, IA 50306-3498
Description:
Property and Casualty
License Number:
B423349
Date Admitted:
1986-06-25
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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Property & Casualty | 0.00% | $1,185,877 | $1,171,513 | $0 | $16,840 | 1.44 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.01% | $138,057 | $186,340 | $0 | $667 | 0.36 % |
| 2021 | Fidelity | 0.02% | $13,626 | $11,160 | $0 | $626 | 5.61 % |
| 2021 | Surety | 0.53% | $1,034,194 | $974,013 | $0 | $15,547 | 1.60 % |
| 2020 | Total Property & Casualty | 0.00% | $1,016,562 | $1,077,366 | $20,000 | $10,367 | 0.96 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.01% | $130,784 | $122,676 | $0 | $577 | 0.47 % |
| 2020 | Fidelity | 0.02% | $11,787 | $9,376 | $0 | $217 | 2.31 % |
| 2020 | Surety | 0.51% | $873,991 | $945,314 | $20,000 | $9,573 | 1.01 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
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Link to Complaint Index PageCompany Changes
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Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.