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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 |
---|---|---|---|---|---|---|---|
2020 | Total Property & Casualty | 0.08% | $23,614,507 | $23,879,136 | $8,644,945 | $7,859,906 | 32.92 % |
2020 | Total Homeowners | 0.22% | $12,889,969 | $12,992,636 | $6,015,319 | $4,048,805 | 31.16 % |
2020 | Homeowners Multi-Peril | 0.23% | $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) | 0.23% | $2,672,691 | $2,732,955 | $487,648 | $572,198 | 20.94 % |
2020 | Earthquake | 0.59% | $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 | 0.08% | $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 | 0.43% | $50,532 | $54,767 | $0 | $-7,797 | -14.24 % |
2019 | Total Property & Casualty | 0.08% | $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 | 0.23% | $12,987,784 | $13,014,732 | $5,566,111 | $5,176,783 | 39.78 % |
2019 | Homeowners Multi-Peril | 0.24% | $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) | 0.22% | $2,787,332 | $2,777,162 | $478,061 | $331,487 | 11.94 % |
2019 | Earthquake | 0.77% | $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 | 0.10% | $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 | 0.07% | $1,825,167 | $1,922,689 | $823,000 | $1,052,341 | 54.73 % |
2019 | Private Passenger Auto Comprehensive | 0.13% | $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 | 0.11% | $65,654 | $64,422 | $700 | $27,495 | 42.68 % |
2019 | Private Flood | 0.20% | $17,945 | $48,201 | $-88,100 | $-92,135 | -191.15 % |
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 |
---|---|---|---|---|
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 |
2019 | Private Passenger Auto | 0.10% | 0 | 0 |
2019 | Homeowners | 0.54% | 0 | 0 |
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.