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Company Details
FALLS LAKE NATIONAL INSURANCE COMPANY License Status :
Active
NAIC Number :
31925
Phone Number:
8007807454
Company Address:
6641 West Broad Street, Suite 300
Richmond, VA 23230
Description:
Property and Casualty
License Number:
B424215
Date Admitted:
1975-05-15
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% | $3,717,209 | $3,815,961 | $852,898 | $1,318,388 | 34.55 % |
| 2023 | Total Fire & Allied Lines | 0.09% | $672,556 | $614,383 | $176,660 | $155,478 | 25.31 % |
| 2023 | Commercial Fire & Allied Lines | 0.21% | $672,556 | $614,383 | $176,660 | $155,478 | 25.31 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.01% | $57,472 | $84,977 | $12,414 | $3,710 | 4.37 % |
| 2023 | Direct Workers Compensation | 0.04% | $397,018 | $233,151 | $22,429 | $117,400 | 50.35 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.03% | $296,236 | $299,172 | $0 | $-232,077 | -77.57 % |
| 2023 | Other Liability - Warranty | 0.35% | $90,393 | $61,123 | $0 | $81,943 | N/A |
| 2023 | Products Liability | 0.00% | $0 | $0 | $0 | $-1 | N/A |
| 2023 | Total Commercial Automobile | 0.20% | $2,100,295 | $2,409,513 | $631,118 | $1,212,145 | 50.31 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.00% | $0 | $0 | $0 | $-47 | N/A |
| 2023 | Commercial Auto Liability Property Damage | 1.29% | $1,852,351 | $1,999,608 | $487,454 | $976,633 | 48.84 % |
| 2023 | Commercial Auto Comprehensive | 0.21% | $247,944 | $409,905 | $143,664 | $235,559 | 57.47 % |
| 2023 | Aircraft | 0.01% | $1,626 | $23,589 | $887 | $-31,085 | -131.78 % |
| 2023 | Burglary & Theft | 0.52% | $40,621 | $35,269 | $9,390 | $1,787 | 5.07 % |
| 2023 | Boiler & Machinery | 0.13% | $60,992 | $54,784 | $0 | $9,088 | 16.59 % |
| 2022 | Total Property & Casualty | 0.02% | $2,730,435 | $2,526,265 | $-108,863 | $-110,102 | -4.36 % |
| 2022 | Total Fire & Allied Lines | 0.08% | $362,407 | $366,357 | $-730,896 | $-679,626 | -185.51 % |
| 2022 | Commercial Fire & Allied Lines | 0.11% | $362,407 | $366,357 | $-730,896 | $-679,626 | -185.51 % |
| 2022 | Commercial Multi-Peril | 0.00% | $-1,740 | $-1,465 | $0 | $-407 | N/A |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.02% | $106,498 | $110,945 | $46,326 | $55,467 | 50.00 % |
| 2022 | Direct Workers Compensation | 0.00% | $28,422 | $10,410 | $0 | $-48,117 | -462.22 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.02% | $212,373 | $199,503 | $0 | $48,033 | 24.08 % |
| 2022 | Other Liability - Warranty | 0.00% | $0 | $0 | $0 | $-265 | N/A |
| 2022 | Products Liability | 0.00% | $0 | $0 | $0 | $-3 | N/A |
| 2022 | Total Commercial Automobile | 0.19% | $1,902,494 | $1,722,353 | $575,657 | $490,592 | 28.48 % |
| 2022 | Commercial Auto Liability Bodily Injury | 0.00% | $0 | $0 | $0 | $-248 | N/A |
| 2022 | Commercial Auto Liability Property Damage | 0.94% | $1,423,527 | $1,354,621 | $581,459 | $446,845 | 32.99 % |
| 2022 | Commercial Auto Comprehensive | 0.39% | $478,967 | $367,732 | $-5,802 | $43,995 | 11.96 % |
| 2022 | Aircraft | 0.21% | $63,967 | $63,378 | $50 | $25,942 | 40.93 % |
| 2022 | Burglary & Theft | 0.36% | $26,348 | $26,420 | $0 | $8,553 | 32.37 % |
| 2022 | Boiler & Machinery | 0.08% | $29,666 | $28,364 | $0 | $-10,271 | -36.21 % |
| 2021 | Total Property & Casualty | 0.01% | $1,770,377 | $1,575,609 | $1,062,187 | $1,071,943 | 68.03 % |
| 2021 | Total Fire & Allied Lines | 0.04% | $231,250 | $179,552 | $774,202 | $717,180 | N/A |
| 2021 | Commercial Fire & Allied Lines | 0.07% | $231,250 | $179,552 | $774,202 | $717,180 | N/A |
| 2021 | Commercial Multi-Peril | 0.00% | $1,740 | $1,465 | $0 | $407 | 27.78 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.02% | $91,266 | $62,776 | $0 | $-1,103 | -1.76 % |
| 2021 | Direct Workers Compensation | 0.00% | $0 | $0 | $20,731 | $19,298 | N/A |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.02% | $126,718 | $125,726 | $-24,397 | $22,801 | 18.14 % |
| 2021 | Other Liability - Warranty | 0.00% | $0 | $0 | $0 | $-1,171 | N/A |
| 2021 | Products Liability | 0.00% | $0 | $0 | $0 | $-2 | N/A |
| 2021 | Total Commercial Automobile | 0.14% | $1,234,863 | $1,100,473 | $313,321 | $324,473 | 29.48 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.00% | $655 | $655 | $0 | $353 | 53.89 % |
| 2021 | Commercial Auto Liability Property Damage | 0.75% | $989,162 | $884,369 | $242,147 | $272,123 | 30.77 % |
| 2021 | Commercial Auto Comprehensive | 0.24% | $245,046 | $215,449 | $71,174 | $51,997 | 24.13 % |
| 2021 | Aircraft | 0.10% | $29,200 | $45,112 | $0 | $10,324 | 22.89 % |
| 2021 | Burglary & Theft | 0.35% | $24,180 | $28,954 | $-21,670 | $-24,311 | -83.96 % |
| 2021 | Boiler & Machinery | 0.08% | $31,160 | $31,551 | $0 | $4,047 | 12.83 % |
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 | Homeowners | 0.00% | 0 | 0 |
| 2021 | Homeowners | 0.01% | 0 | 0 |
Company Changes
Effective Date: 04/04/2012
Comments: Effective 4/4/12 Infinity Specialty Insurance Company changed its name to Stonewood National Insurance Company.
Effective Date: 09/04/2014
Comments: Effective 09/04/14 Stonewood National Insurance Company changed its name to Falls Lake National Insurance Company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.