Company Details

  PREFERRED PROFESSIONAL INSURANCE COMPANY License Status :
Active

NAIC Number :

36234


Phone Number:

4023921566


Company Address:

PO BOX 540658 
OMAHA, NE  68154-0658

Description:

Property and Casualty


License Number:

B419895


Date Admitted:

1989-02-16


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 Property & Casualty 0.00% $513,511 $530,117 $130,072 $684,790 N/A
2023 Total Medical Malpractice 0.15% $224,224 $262,922 $110,000 $524,653 N/A
2023 Medical Malpractice - Physicians & Surgeons 0.00% $-3,767 $-3,767 $0 $1,865 N/A
2023 Medical Malpractice - Other 2.76% $227,991 $266,689 $110,000 $522,788 N/A
2023 Direct Workers Compensation 0.01% $156,078 $146,595 $20,072 $123,641 84.34 %
2023 Total Commercial Automobile 0.00% $6,669 $5,262 $0 $1,894 35.99 %
2023 Commercial Auto Liability Bodily Injury 0.00% $6,669 $5,262 $0 $1,894 35.99 %
2023 Professional Liability (Excl Medical Malpractice) 0.01% $14,858 $14,812 $0 $4,444 30.00 %
2023 Lawyers Malpractice 0.80% $111,682 $100,526 $0 $30,158 30.00 %
2022 Total Property & Casualty 0.00% $553,200 $464,553 $779,907 $144,500 31.11 %
2022 Total Medical Malpractice 0.19% $266,039 $244,189 $650,000 $114,752 46.99 %
2022 Medical Malpractice - Physicians & Surgeons 0.00% $0 $0 $0 $-88,230 N/A
2022 Medical Malpractice - Other 2.01% $266,039 $244,189 $650,000 $202,982 83.12 %
2022 Direct Workers Compensation 0.02% $180,723 $147,120 $129,907 $7,775 5.28 %
2022 Professional Liability (Excl Medical Malpractice) 0.01% $14,669 $14,281 $0 $4,284 30.00 %
2022 Lawyers Malpractice 0.61% $91,769 $58,963 $0 $17,689 30.00 %
2021 Total Property & Casualty 0.00% $373,667 $1,178,373 $202,677 $59,090 5.01 %
2021 Total Medical Malpractice 0.17% $220,742 $1,117,366 $150,000 $267,076 23.90 %
2021 Medical Malpractice - Physicians & Surgeons 0.00% $-2,259 $908,531 $150,000 $183,356 20.18 %
2021 Medical Malpractice - Other 2.90% $223,001 $208,835 $0 $83,720 40.09 %
2021 Direct Workers Compensation 0.01% $119,631 $49,164 $52,677 $-211,184 -429.55 %
2021 Other Liability - Bodily Injury & Property Damage 0.00% $33,294 $11,843 $0 $3,198 27.00 %

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

Effective Date: 02/01/1999

Comments: Preferred Physicians Insurance Co. changed its name to Preferred 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.