Company Details

  BANKERS STANDARD INSURANCE COMPANY License Status :
Active

NAIC Number :

18279


Phone Number:

215-640-5259


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
2019 Total Property & Casualty 0.10% $24,176,292 $24,274,937 $7,942,191 $7,860,376 32.38 %
2019 Total Fire & Allied Lines 0.00% $43,418 $14,717 $0 $1,469 9.98 %
2019 Dwelling Fire & Allied Lines 0.01% $43,418 $14,717 $0 $1,469 9.98 %
2019 Total Homeowners 0.28% $12,987,784 $13,014,732 $5,566,111 $5,176,783 39.78 %
2019 Homeowners Multi-Peril 0.29% $12,987,784 $13,014,732 $5,566,111 $5,176,783 39.78 %
2019 Ocean Marine 0.00% $0 $822 $0 $451 54.87 %
2019 Inland Marine (Incl Auto Cargo) 0.23% $2,787,332 $2,777,162 $478,061 $331,487 11.94 %
2019 Earthquake 0.94% $2,108,582 $2,064,720 $0 $0 0.00 %
2019 Direct Workers Compensation 0.01% $305,387 $298,418 $110,098 $221,414 74.20 %
2019 Other Liability - Bodily Injury & Property Damage 0.11% $1,942,061 $1,936,968 $0 $1,177 0.06 %
2019 Total Private Passenger Automobile 0.05% $3,904,616 $4,050,085 $1,875,321 $2,191,924 54.12 %
2019 Private Passenger Auto Liability Bodily Injury 0.09% $1,825,167 $1,922,689 $823,000 $1,052,341 54.73 %
2019 Private Passenger Auto Comprehensive 0.15% $2,079,449 $2,127,396 $1,052,321 $1,139,583 53.57 %
2019 Total Commercial Automobile 0.00% $0 $0 $0 $14 N/A
2019 Commercial Auto Uninsured Motorists 0.00% $0 $0 $0 $14 N/A
2019 Burglary & Theft 0.07% $13,513 $4,690 $0 $297 6.33 %
2019 Boiler & Machinery 0.12% $65,654 $64,422 $700 $27,495 42.68 %
2019 Private Flood 0.21% $17,945 $48,201 $-88,100 $-92,135 -191.15 %
2018 Total Property & Casualty 0.10% $25,509,239 $24,474,194 $13,336,029 $16,265,374 66.46 %
2018 Total Homeowners 0.31% $13,744,198 $12,952,354 $8,989,671 $10,656,486 82.27 %
2018 Homeowners Multi-Peril 0.32% $13,744,198 $12,952,354 $8,989,671 $10,656,486 82.27 %
2018 Commercial Multi-Peril 0.00% $0 $0 $0 $-1 N/A
2018 Ocean Marine 0.00% $1,607 $785 $0 $439 55.92 %
2018 Inland Marine (Incl Auto Cargo) 0.26% $2,902,698 $2,836,784 $551,088 $795,680 28.05 %
2018 Total Medical Malpractice 0.00% $0 $0 $0 $-1 N/A
2018 Medical Malpractice - Physicians & Surgeons 0.00% $0 $0 $0 $-1 N/A
2018 Earthquake 0.96% $2,112,190 $2,187,859 $0 $0 0.00 %
2018 Direct Workers Compensation 0.01% $275,401 $277,918 $79,757 $125,556 45.18 %
2018 Other Liability - Bodily Injury & Property Damage 0.12% $2,010,691 $1,905,014 $1,426,000 $2,266,472 N/A
2018 Total Private Passenger Automobile 0.06% $4,328,577 $4,176,760 $2,267,956 $2,421,261 57.97 %
2018 Private Passenger Auto Liability Bodily Injury 0.11% $2,087,313 $2,050,308 $1,156,429 $1,298,070 63.31 %
2018 Private Passenger Auto Collision 0.12% $2,241,264 $2,126,452 $1,111,527 $1,123,191 52.82 %
2018 Total Commercial Automobile 0.00% $0 $0 $0 $-40 N/A
2018 Commercial Auto Liability Bodily Injury 0.00% $0 $0 $0 $-40 N/A
2018 Boiler & Machinery 0.13% $66,660 $66,484 $2,351 $2,351 3.54 %
2018 Private Flood 0.49% $67,217 $70,236 $19,206 $-2,829 -4.03 %
2017 Total Property & Casualty 0.11% $25,045,996 $25,180,034 $17,180,718 $16,908,226 67.15 %
2017 Total Fire & Allied Lines 1.25% $13,252,670 $13,264,209 $11,167,810 $9,728,676 73.35 %
2017 Dwelling Fire & Allied Lines 3.87% $13,252,670 $13,264,209 $11,167,810 $9,728,676 73.35 %
2017 Commercial Multi-Peril 0.00% $0 $0 $0 $-22 N/A
2017 Inland Marine (Incl Auto Cargo) 0.26% $2,909,506 $2,889,418 $504,519 $221,625 7.67 %
2017 Total Medical Malpractice 0.00% $0 $0 $0 $-16 N/A
2017 Medical Malpractice - Hospitals 0.00% $0 $0 $0 $-16 N/A
2017 Earthquake 1.11% $2,293,436 $2,355,841 $0 $0 0.00 %
2017 Direct Workers Compensation 0.01% $306,101 $303,083 $194,993 $174,502 57.58 %
2017 Other Liability - Bodily Injury & Property Damage 0.11% $1,898,353 $1,928,384 $1,999,910 $2,699,053 N/A
2017 Total Private Passenger Automobile 0.06% $4,247,482 $4,294,138 $3,065,428 $3,810,599 88.74 %
2017 Private Passenger Auto Liability Bodily Injury 0.12% $2,077,847 $2,135,865 $1,483,073 $2,283,960 N/A
2017 Private Passenger Auto Liability Property Damage 0.00% $48,592 $51,201 $40,421 $78,804 N/A
2017 Private Passenger Auto Comprehensive 0.05% $650,812 $644,462 $290,201 $253,335 39.31 %
2017 Private Passenger Auto Collision 0.08% $1,470,231 $1,462,610 $1,251,733 $1,194,500 81.67 %
2017 Total Commercial Automobile 0.00% $0 $0 $0 $28 N/A
2017 Commercial Auto Liability Bodily Injury 0.00% $0 $0 $0 $28 N/A
2017 Boiler & Machinery 0.12% $66,435 $69,764 $-13,856 $-13,856 -19.86 %
2017 Private Flood 0.60% $72,013 $75,197 $261,914 $287,637 N/A

Enforcements

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

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2019 Private Passenger Auto 0.10% 0 0
2019 Homeowners 0.54% 0 0
2018 Private Passenger Auto 0.11% 1 47
2018 Homeowners 0.56% 1 20
2017 Private Passenger Auto 0.11% 1 43
2017 Homeowners 0.51% 2 42


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.