Company Details

  BITCO NATIONAL INSURANCE COMPANY License Status :
Active

NAIC Number :

20109


Phone Number:

309-732-0409


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
2019 Total Property & Casualty 0.01% $3,295,638 $3,179,423 $1,647,195 $2,083,430 65.53 %
2019 Total Fire & Allied Lines 0.00% $0 $0 $0 $534 N/A
2019 Dwelling Fire & Allied Lines 0.00% $0 $0 $0 $534 N/A
2019 Commercial Multi-Peril 0.05% $1,013,076 $993,546 $607,253 $734,697 73.95 %
2019 Inland Marine (Incl Auto Cargo) 0.01% $176,692 $158,691 $17,229 $19,027 11.99 %
2019 Direct Workers Compensation 0.07% $1,663,916 $1,569,956 $883,737 $1,113,131 70.90 %
2019 Other Liability - Bodily Injury & Property Damage 0.00% $0 $0 $0 $29,407 N/A
2019 Total Commercial Automobile 0.03% $441,954 $457,230 $138,976 $186,634 40.82 %
2019 Commercial Auto Liability Bodily Injury 0.04% $311,416 $323,099 $39,857 $99,161 30.69 %
2019 Commercial Auto Liability Property Damage 0.00% $0 $0 $22,669 $0 N/A
2019 Commercial Auto Medical Payments 0.07% $14,287 $14,823 $0 $4,549 30.69 %
2019 Commercial Auto Uninsured Motorists 0.03% $14,806 $15,361 $0 $4,715 30.69 %
2019 Commercial Auto Comprehensive 0.02% $34,674 $35,529 $50,220 $26,732 75.24 %
2019 Commercial Auto Collision 0.02% $66,771 $68,418 $26,230 $51,477 75.24 %
2018 Total Property & Casualty 0.01% $3,047,093 $3,036,362 $2,505,097 $2,812,091 92.61 %
2018 Commercial Multi-Peril 0.06% $1,048,134 $1,087,107 $1,637,279 $2,322,313 N/A
2018 Inland Marine (Incl Auto Cargo) 0.01% $121,750 $124,918 $-26,427 $-22,534 -18.04 %
2018 Direct Workers Compensation 0.06% $1,459,482 $1,355,030 $775,381 $152,425 11.25 %
2018 Total Commercial Automobile 0.03% $417,727 $469,307 $118,864 $359,887 76.68 %
2018 Commercial Auto Liability Bodily Injury 0.04% $295,990 $336,000 $7,100 $278,156 82.78 %
2018 Commercial Auto Liability Property Damage 0.00% $0 $0 $45,437 $0 N/A
2018 Commercial Auto Medical Payments 0.07% $11,740 $13,326 $0 $11,033 82.79 %
2018 Commercial Auto Uninsured Motorists 0.03% $16,516 $18,749 $0 $15,521 82.78 %
2018 Commercial Auto Comprehensive 0.02% $29,524 $31,972 $25,357 $17,426 54.50 %
2018 Commercial Auto Collision 0.02% $63,957 $69,260 $40,970 $37,751 54.51 %
2017 Total Property & Casualty 0.01% $2,983,321 $3,133,571 $6,935,600 $6,458,380 N/A
2017 Commercial Multi-Peril 0.07% $1,256,370 $1,305,955 $-78,532 $494,084 37.83 %
2017 Inland Marine (Incl Auto Cargo) 0.01% $147,223 $185,538 $164,547 $76,774 41.38 %
2017 Direct Workers Compensation 0.04% $1,061,739 $1,168,018 $6,687,559 $5,733,881 N/A
2017 Total Commercial Automobile 0.04% $517,989 $474,060 $162,026 $153,641 32.41 %
2017 Commercial Auto Liability Bodily Injury 0.05% $369,142 $335,686 $20,800 $58,630 17.47 %
2017 Commercial Auto Liability Property Damage 0.00% $0 $0 $57,375 $0 N/A
2017 Commercial Auto Medical Payments 0.07% $12,386 $11,263 $0 $1,967 17.46 %
2017 Commercial Auto Uninsured Motorists 0.05% $24,901 $22,644 $0 $3,955 17.47 %
2017 Commercial Auto Comprehensive 0.02% $32,950 $30,855 $56,432 $26,313 85.28 %
2017 Commercial Auto Collision 0.03% $78,610 $73,612 $27,419 $62,776 85.28 %

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: 10/16/2014

Comments: Effective 10/16/14 Bituminous Fire and Marine Insurance Company changed its name to BITCO National Insurance Company.


Market Conduct

Date: 02/06/2017

BNIC217.pdf


Financial Exams

This company does not have any financial exams.