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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 |
|---|---|---|---|---|---|---|---|
| 2022 | Total Property & Casualty | 0.06% | $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 | 0.16% | $11,628,885 | $12,097,614 | $5,542,760 | $6,708,354 | 55.45 % |
| 2022 | Homeowners Multi-Peril | 0.17% | $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) | 0.16% | $2,604,756 | $2,571,316 | $460,474 | $485,931 | 18.90 % |
| 2022 | Earthquake | 0.40% | $1,389,000 | $1,455,571 | $0 | $-12,918 | -0.89 % |
| 2022 | Direct Workers Compensation | 0.07% | $2,087,980 | $1,990,020 | $257,386 | $660,477 | 33.19 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.07% | $1,590,959 | $1,628,356 | $0 | $92,474 | 5.68 % |
| 2022 | Total Private Passenger Automobile | 0.03% | $3,172,546 | $3,289,427 | $1,513,363 | $1,652,906 | 50.25 % |
| 2022 | Private Passenger Auto Liability Bodily Injury | 0.05% | $1,439,722 | $1,511,942 | $320,027 | $469,627 | 31.06 % |
| 2022 | Private Passenger Auto Comprehensive | 0.09% | $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 | 0.06% | $12,314 | $12,971 | $0 | $327 | 2.52 % |
| 2022 | Boiler & Machinery | 0.05% | $45,252 | $45,851 | $2,500 | $21,527 | 46.95 % |
| 2022 | Private Flood | 0.18% | $35,744 | $39,159 | $0 | $225 | 0.57 % |
| 2021 | Total Property & Casualty | 0.07% | $22,192,387 | $22,743,395 | $9,262,058 | $11,755,760 | 51.69 % |
| 2021 | Total Homeowners | 0.19% | $12,380,114 | $12,621,974 | $7,016,210 | $9,789,396 | 77.56 % |
| 2021 | Homeowners Multi-Peril | 0.20% | $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) | 0.18% | $2,568,095 | $2,588,124 | $565,698 | $399,353 | 15.43 % |
| 2021 | Earthquake | 0.47% | $1,533,662 | $1,628,926 | $0 | $6,240 | 0.38 % |
| 2021 | Direct Workers Compensation | 0.03% | $775,053 | $742,195 | $27,174 | $76,384 | 10.29 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.08% | $1,681,264 | $1,728,188 | $150,000 | $-76,963 | -4.45 % |
| 2021 | Total Private Passenger Automobile | 0.03% | $3,148,099 | $3,319,922 | $1,498,676 | $1,562,831 | 47.07 % |
| 2021 | Private Passenger Auto Liability Bodily Injury | 0.06% | $1,511,227 | $1,612,062 | $599,577 | $768,498 | 47.67 % |
| 2021 | Private Passenger Auto Comprehensive | 0.09% | $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 | 0.07% | $14,911 | $15,625 | $0 | $948 | 6.07 % |
| 2021 | Boiler & Machinery | 0.05% | $48,159 | $51,709 | $4,300 | $-7,123 | -13.78 % |
| 2021 | Private Flood | 0.20% | $43,030 | $46,732 | $0 | $4,957 | 10.61 % |
| 2020 | Total Property & Casualty | 0.08% | $23,614,507 | $23,879,136 | $8,644,945 | $7,859,906 | 32.92 % |
| 2020 | Total Homeowners | 0.21% | $12,889,969 | $12,992,636 | $6,015,319 | $4,048,805 | 31.16 % |
| 2020 | Homeowners Multi-Peril | 0.22% | $12,889,969 | $12,992,636 | $6,015,319 | $4,048,805 | 31.16 % |
| 2020 | Ocean Marine | 0.00% | $0 | $0 | $0 | $-440 | N/A |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.21% | $2,672,691 | $2,732,955 | $487,648 | $572,198 | 20.94 % |
| 2020 | Earthquake | 0.57% | $1,751,625 | $1,879,594 | $0 | $6,753 | 0.36 % |
| 2020 | Direct Workers Compensation | 0.03% | $751,189 | $533,638 | $130,556 | $-491,775 | -92.16 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.09% | $1,768,466 | $1,845,500 | $0 | $1,581,138 | 85.68 % |
| 2020 | Total Private Passenger Automobile | 0.04% | $3,658,714 | $3,763,033 | $1,988,231 | $2,111,244 | 56.10 % |
| 2020 | Private Passenger Auto Liability Bodily Injury | 0.07% | $1,718,005 | $1,745,452 | $1,267,512 | $1,196,015 | 68.52 % |
| 2020 | Private Passenger Auto Comprehensive | 0.12% | $1,940,709 | $2,017,581 | $720,719 | $915,229 | 45.36 % |
| 2020 | Burglary & Theft | 0.09% | $16,515 | $17,482 | $0 | $2,430 | 13.90 % |
| 2020 | Boiler & Machinery | 0.07% | $54,806 | $59,531 | $23,191 | $37,350 | 62.74 % |
| 2020 | Private Flood | 0.41% | $50,532 | $54,767 | $0 | $-7,797 | -14.24 % |
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 |
|---|---|---|---|---|
| 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 |
| 2020 | Private Passenger Auto | 0.09% | 0 | 0 |
| 2020 | Homeowners | 0.51% | 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.