Company search
Company Details
BANKERS STANDARD INSURANCE COMPANY License Status :
Active
NAIC Number :
18279
Phone Number:
2156402434
Company Address:
436 WALNUT STREET, P.O. Box 1000
Philadelphia, PA 19106
Description:
Property and Casualty
License Number:
B423372
Date Admitted:
1977-05-20
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 | 0.14% | $21,703,564 | $21,945,312 | $14,724,079 | $10,881,889 | 49.59 % |
| 2023 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-3,213 | N/A |
| 2023 | Commercial Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-3,213 | N/A |
| 2023 | Total Homeowners | 0.40% | $11,932,540 | $11,786,282 | $10,905,433 | $8,220,387 | 69.75 % |
| 2023 | Homeowners Multi-Peril | 0.41% | $11,932,540 | $11,786,282 | $10,905,433 | $8,220,387 | 69.75 % |
| 2023 | Ocean Marine | 0.00% | $0 | $0 | $0 | $-122 | N/A |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.40% | $2,258,248 | $2,527,131 | $411,125 | $468,644 | 18.54 % |
| 2023 | Earthquake | 0.95% | $1,352,073 | $1,405,512 | $0 | $51 | 0.00 % |
| 2023 | Direct Workers Compensation | 0.13% | $1,347,646 | $1,389,804 | $430,788 | $787,954 | 56.70 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.17% | $1,613,046 | $1,617,961 | $904,178 | $502,095 | 31.03 % |
| 2023 | Total Private Passenger Automobile | 0.06% | $3,108,855 | $3,124,100 | $2,072,555 | $908,923 | 29.09 % |
| 2023 | Private Passenger Auto Liability Bodily Injury | 0.11% | $1,424,278 | $1,435,331 | $1,048,587 | $306,833 | 21.38 % |
| 2023 | Private Passenger Auto Comprehensive | 0.15% | $1,684,577 | $1,688,769 | $1,023,968 | $602,090 | 35.65 % |
| 2023 | Total Commercial Automobile | 0.00% | $0 | $0 | $0 | $49 | N/A |
| 2023 | Commercial Auto Uninsured Motorists | 0.00% | $0 | $0 | $0 | $49 | N/A |
| 2023 | Burglary & Theft | 0.15% | $11,765 | $12,329 | $0 | $-133 | -1.08 % |
| 2023 | Boiler & Machinery | 0.10% | $44,974 | $46,151 | $0 | $-1,955 | -4.24 % |
| 2023 | Private Flood | 0.50% | $34,417 | $36,042 | $0 | $-791 | -2.19 % |
| 2022 | Total Property & Casualty | 0.16% | $22,567,436 | $23,130,285 | $7,819,481 | $9,653,155 | 41.73 % |
| 2022 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $42,998 | $43,552 | N/A |
| 2022 | Commercial Fire & Allied Lines | 0.00% | $0 | $0 | $42,998 | $43,552 | N/A |
| 2022 | Total Homeowners | 0.43% | $11,628,885 | $12,097,614 | $5,542,760 | $6,708,354 | 55.45 % |
| 2022 | Homeowners Multi-Peril | 0.45% | $11,628,885 | $12,097,614 | $5,542,760 | $6,708,354 | 55.45 % |
| 2022 | Ocean Marine | 0.00% | $0 | $0 | $0 | $369 | N/A |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.49% | $2,604,756 | $2,571,316 | $460,474 | $485,931 | 18.90 % |
| 2022 | Earthquake | 1.01% | $1,389,000 | $1,455,571 | $0 | $-12,918 | -0.89 % |
| 2022 | Direct Workers Compensation | 0.20% | $2,087,980 | $1,990,020 | $257,386 | $660,477 | 33.19 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.19% | $1,590,959 | $1,628,356 | $0 | $92,474 | 5.68 % |
| 2022 | Total Private Passenger Automobile | 0.07% | $3,172,546 | $3,289,427 | $1,513,363 | $1,652,906 | 50.25 % |
| 2022 | Private Passenger Auto Liability Bodily Injury | 0.12% | $1,439,722 | $1,511,942 | $320,027 | $469,627 | 31.06 % |
| 2022 | Private Passenger Auto Comprehensive | 0.19% | $1,732,824 | $1,777,485 | $1,193,336 | $1,183,279 | 66.57 % |
| 2022 | Total Commercial Automobile | 0.00% | $0 | $0 | $0 | $-69 | N/A |
| 2022 | Commercial Auto Uninsured Motorists | 0.00% | $0 | $0 | $0 | $-69 | N/A |
| 2022 | Burglary & Theft | 0.17% | $12,314 | $12,971 | $0 | $327 | 2.52 % |
| 2022 | Boiler & Machinery | 0.12% | $45,252 | $45,851 | $2,500 | $21,527 | 46.95 % |
| 2022 | Private Flood | 0.50% | $35,744 | $39,159 | $0 | $225 | 0.57 % |
| 2021 | Total Property & Casualty | 0.17% | $22,192,387 | $22,743,395 | $9,262,058 | $11,755,760 | 51.69 % |
| 2021 | Total Homeowners | 0.50% | $12,380,114 | $12,621,974 | $7,016,210 | $9,789,396 | 77.56 % |
| 2021 | Homeowners Multi-Peril | 0.52% | $12,380,114 | $12,621,974 | $7,016,210 | $9,789,396 | 77.56 % |
| 2021 | Ocean Marine | 0.00% | $0 | $0 | $0 | $-291 | N/A |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.55% | $2,568,095 | $2,588,124 | $565,698 | $399,353 | 15.43 % |
| 2021 | Earthquake | 1.18% | $1,533,662 | $1,628,926 | $0 | $6,240 | 0.38 % |
| 2021 | Direct Workers Compensation | 0.08% | $775,053 | $742,195 | $27,174 | $76,384 | 10.29 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.21% | $1,681,264 | $1,728,188 | $150,000 | $-76,963 | -4.45 % |
| 2021 | Total Private Passenger Automobile | 0.07% | $3,148,099 | $3,319,922 | $1,498,676 | $1,562,831 | 47.07 % |
| 2021 | Private Passenger Auto Liability Bodily Injury | 0.13% | $1,511,227 | $1,612,062 | $599,577 | $768,498 | 47.67 % |
| 2021 | Private Passenger Auto Comprehensive | 0.19% | $1,636,872 | $1,707,860 | $899,099 | $794,333 | 46.51 % |
| 2021 | Total Commercial Automobile | 0.00% | $0 | $0 | $0 | $28 | N/A |
| 2021 | Commercial Auto Uninsured Motorists | 0.00% | $0 | $0 | $0 | $28 | N/A |
| 2021 | Burglary & Theft | 0.22% | $14,911 | $15,625 | $0 | $948 | 6.07 % |
| 2021 | Boiler & Machinery | 0.13% | $48,159 | $51,709 | $4,300 | $-7,123 | -13.78 % |
| 2021 | Private Flood | 0.53% | $43,030 | $46,732 | $0 | $4,957 | 10.61 % |
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 | Private Passenger Auto | 0.06% | 0 | 0 |
| 2023 | Homeowners | 0.38% | 0 | 0 |
| 2022 | Private Passenger Auto | 0.07% | 0 | 0 |
| 2022 | Homeowners | 0.43% | 0 | 0 |
| 2021 | Private Passenger Auto | 0.08% | 0 | 0 |
| 2021 | Homeowners | 0.47% | 0 | 0 |
Company Changes
No recent changes
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.