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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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Property & Casualty | 0.01% | $2,516,259 | $2,613,752 | $2,221,752 | $2,918,804 | N/A |
| 2021 | Commercial Multi-Peril | 0.04% | $927,421 | $960,724 | $1,040,050 | $1,263,334 | N/A |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.02% | $239,450 | $232,542 | $48,974 | $48,184 | 20.72 % |
| 2021 | Direct Workers Compensation | 0.04% | $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 | 0.01% | $219,335 | $200,666 | $71,062 | $26,826 | 13.37 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.01% | $164,221 | $147,649 | $38,753 | $11,696 | 7.92 % |
| 2021 | Commercial Auto Medical Payments | 0.00% | $688 | $619 | $0 | $-228 | -36.83 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.01% | $7,506 | $6,749 | $0 | $-1,823 | -27.01 % |
| 2021 | Commercial Auto Comprehensive | 0.01% | $20,214 | $19,666 | $32,309 | $28,246 | N/A |
| 2021 | Commercial Auto Collision | 0.01% | $26,706 | $25,983 | $0 | $-11,065 | -42.59 % |
| 2020 | Total Property & Casualty | 0.01% | $2,901,441 | $2,985,406 | $3,370,104 | $5,049,433 | N/A |
| 2020 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-534 | N/A |
| 2020 | Dwelling Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-534 | N/A |
| 2020 | Commercial Multi-Peril | 0.04% | $913,268 | $855,758 | $1,812,724 | $2,398,368 | N/A |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.02% | $213,425 | $206,698 | $29,795 | $32,120 | 15.54 % |
| 2020 | Direct Workers Compensation | 0.05% | $1,500,951 | $1,594,966 | $962,620 | $2,478,089 | N/A |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.00% | $0 | $0 | $0 | $-29,407 | N/A |
| 2020 | Total Commercial Automobile | 0.01% | $273,797 | $327,984 | $564,965 | $170,797 | 52.07 % |
| 2020 | Commercial Auto Liability Bodily Injury | 0.02% | $189,469 | $225,152 | $1,287 | $-378,265 | -168.00 % |
| 2020 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $41,869 | $41,869 | N/A |
| 2020 | Commercial Auto Medical Payments | 0.00% | $1,001 | $1,190 | $0 | $-21,658 | -1,820.00 % |
| 2020 | Commercial Auto Uninsured Motorists | 0.02% | $9,722 | $11,553 | $350,000 | $332,349 | N/A |
| 2020 | Commercial Auto Comprehensive | 0.01% | $26,187 | $32,052 | $48,685 | $57,582 | N/A |
| 2020 | Commercial Auto Collision | 0.01% | $47,418 | $58,037 | $123,124 | $138,920 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
This company does not have any complaint information.
Link to Complaint Index PageCompany 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
Financial Exams
This company does not have any financial exams.