Company Details

  MERCHANTS BONDING COMPANY (MUTUAL) License Status :
Active

NAIC Number :

14494


Phone Number:

515-243-8171


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
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 0.54% $873,991 $945,314 $20,000 $9,573 1.01 %
2019 Total Property & Casualty 0.00% $1,140,673 $1,103,121 $309,767 $325,971 29.55 %
2019 Other Liability - Bodily Injury & Property Damage 0.01% $123,224 $120,943 $7,500 $8,450 6.99 %
2019 Fidelity 0.01% $7,675 $9,267 $0 $-142 -1.53 %
2019 Surety 0.52% $1,009,774 $972,911 $302,267 $317,663 32.65 %
2018 Total Property & Casualty 0.00% $1,043,726 $967,310 $9,784 $21,898 2.26 %
2018 Other Liability - Bodily Injury & Property Damage 0.01% $127,278 $118,867 $-216 $1,651 1.39 %
2018 Fidelity 0.01% $8,015 $10,540 $0 $-164 -1.56 %
2018 Surety 0.62% $908,433 $837,903 $10,000 $20,411 2.44 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.