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Company Details

  BITCO NATIONAL INSURANCE COMPANY License Status :
Active

NAIC Number :

20109


Phone Number:

5632320302


Company Address:

3700 MARKET SQUARE CIRCLE 
DAVENPORT, IA  52807

Description:

Property and Casualty


License Number:

B419025


Date Admitted:

1944-03-01


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 0.02% $2,510,367 $2,538,516 $1,690,029 $-678,237 -26.72 %
2023 Commercial Multi-Peril 0.12% $1,275,993 $1,238,923 $927,206 $-575,057 -46.42 %
2023 Inland Marine (Incl Auto Cargo) 0.03% $168,297 $192,093 $150,914 $38,597 20.09 %
2023 Direct Workers Compensation 0.09% $953,743 $994,070 $558,300 $-180,136 -18.12 %
2023 Other Liability - Bodily Injury & Property Damage 0.00% $0 $233 $0 $0 0.00 %
2023 Total Commercial Automobile 0.01% $112,334 $113,197 $53,609 $38,359 33.89 %
2023 Commercial Auto Liability Bodily Injury 0.01% $74,687 $76,291 $23,000 $51,827 67.93 %
2023 Commercial Auto Liability Property Damage 0.00% $0 $0 $20,968 $20,968 N/A
2023 Commercial Auto Medical Payments 0.01% $544 $556 $0 $-3 -0.54 %
2023 Commercial Auto Uninsured Motorists 0.01% $2,639 $2,696 $0 $1,155 42.84 %
2023 Commercial Auto Comprehensive 0.01% $17,683 $17,267 $1,486 $-20,998 -121.61 %
2023 Commercial Auto Collision 0.01% $16,781 $16,387 $8,155 $-14,590 -89.03 %
2022 Total Property & Casualty 0.02% $2,241,247 $2,401,078 $2,876,579 $1,785,709 74.37 %
2022 Commercial Multi-Peril 0.09% $873,953 $936,719 $478,275 $936,839 N/A
2022 Inland Marine (Incl Auto Cargo) 0.04% $217,265 $220,871 $233,793 $324,054 N/A
2022 Direct Workers Compensation 0.10% $1,036,454 $1,024,255 $1,080,866 $-662,986 -64.73 %
2022 Other Liability - Bodily Injury & Property Damage 0.00% $800 $733 $0 $0 0.00 %
2022 Total Commercial Automobile 0.01% $112,775 $218,500 $1,083,645 $1,187,802 N/A
2022 Commercial Auto Liability Bodily Injury 0.02% $78,553 $163,835 $9,076 $668,968 N/A
2022 Commercial Auto Liability Property Damage 0.00% $0 $0 $17,946 $0 N/A
2022 Commercial Auto Medical Payments 0.01% $691 $1,441 $0 $5,885 N/A
2022 Commercial Auto Uninsured Motorists 0.01% $2,700 $5,631 $605,000 $22,994 N/A
2022 Commercial Auto Comprehensive 0.01% $15,421 $23,805 $435,921 $245,065 N/A
2022 Commercial Auto Collision 0.01% $15,410 $23,788 $15,702 $244,890 N/A
2021 Total Property & Casualty 0.02% $2,516,259 $2,613,752 $2,221,752 $2,918,804 N/A
2021 Commercial Multi-Peril 0.10% $927,421 $960,724 $1,040,050 $1,263,334 N/A
2021 Inland Marine (Incl Auto Cargo) 0.05% $239,450 $232,542 $48,974 $48,184 20.72 %
2021 Direct Workers Compensation 0.12% $1,129,853 $1,219,787 $1,061,666 $1,580,460 N/A
2021 Other Liability - Bodily Injury & Property Damage 0.00% $200 $33 $0 $0 0.00 %
2021 Total Commercial Automobile 0.02% $219,335 $200,666 $71,062 $26,826 13.37 %
2021 Commercial Auto Liability Bodily Injury 0.04% $164,221 $147,649 $38,753 $11,696 7.92 %
2021 Commercial Auto Medical Payments 0.01% $688 $619 $0 $-228 -36.83 %
2021 Commercial Auto Uninsured Motorists 0.03% $7,506 $6,749 $0 $-1,823 -27.01 %
2021 Commercial Auto Comprehensive 0.02% $20,214 $19,666 $32,309 $28,246 N/A
2021 Commercial Auto Collision 0.02% $26,706 $25,983 $0 $-11,065 -42.59 %

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: 04/18/2022

Comments: Effective 04/18/2022 the above company redomesticated from Illinois to Iowa.


Market Conduct

Date: 02/06/2017

BNIC217.pdf


Financial Exams

This company does not have any financial exams.