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Company Details
CANAL INSURANCE COMPANY License Status :
Active
NAIC Number :
10464
Phone Number:
8642425365
Company Address:
P.O. Box 7
Greenville, SC 29602
Description:
Property and Casualty
License Number:
B423374
Date Admitted:
1954-03-09
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 | 0.10% | $16,142,064 | $15,048,461 | $10,247,508 | $8,245,359 | 54.79 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.18% | $1,008,155 | $944,692 | $513,443 | $545,083 | 57.70 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.02% | $153,948 | $131,719 | $0 | $24,871 | 18.88 % |
| 2023 | Total Commercial Automobile | 1.45% | $14,979,961 | $13,972,050 | $9,734,065 | $7,675,405 | 54.93 % |
| 2023 | Commercial Auto Liability Bodily Injury | 1.49% | $7,692,830 | $7,163,508 | $5,300,229 | $3,611,414 | 50.41 % |
| 2023 | Commercial Auto Liability Property Damage | 1.78% | $2,564,285 | $2,387,845 | $1,500,791 | $1,309,526 | 54.84 % |
| 2023 | Commercial Auto Medical Payments | 1.79% | $134,664 | $120,199 | $0 | $0 | 0.00 % |
| 2023 | Commercial Auto Uninsured Motorists | 0.37% | $152,479 | $138,916 | $50,000 | $50,000 | 35.99 % |
| 2023 | Commercial Auto Comprehensive | 0.74% | $879,496 | $824,119 | $601,806 | $549,055 | 66.62 % |
| 2023 | Commercial Auto Collision | 1.77% | $3,556,207 | $3,337,463 | $2,281,239 | $2,155,410 | 64.58 % |
| 2022 | Total Property & Casualty | 0.10% | $14,067,699 | $12,162,357 | $5,999,016 | $8,827,020 | 72.58 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.17% | $889,952 | $718,264 | $243,943 | $201,142 | 28.00 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.01% | $115,529 | $94,698 | $0 | $-25,027 | -26.43 % |
| 2022 | Total Commercial Automobile | 1.33% | $13,062,218 | $11,349,395 | $5,755,073 | $8,650,905 | 76.22 % |
| 2022 | Commercial Auto Liability Bodily Injury | 1.41% | $6,765,857 | $6,023,158 | $2,452,395 | $4,548,090 | 75.51 % |
| 2022 | Commercial Auto Liability Property Damage | 1.49% | $2,255,285 | $2,007,719 | $1,208,696 | $1,684,536 | 83.90 % |
| 2022 | Commercial Auto Medical Payments | 1.57% | $112,199 | $85,195 | $19,600 | $10,600 | 12.44 % |
| 2022 | Commercial Auto Uninsured Motorists | 0.33% | $125,827 | $109,625 | $75,000 | $100,000 | 91.22 % |
| 2022 | Commercial Auto Comprehensive | 0.61% | $751,625 | $613,674 | $364,140 | $376,888 | 61.42 % |
| 2022 | Commercial Auto Collision | 1.67% | $3,051,425 | $2,510,024 | $1,635,242 | $1,930,791 | 76.92 % |
| 2021 | Total Property & Casualty | 0.08% | $11,224,968 | $10,868,680 | $6,961,482 | $4,703,813 | 43.28 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.15% | $696,613 | $717,059 | $201,510 | $167,168 | 23.31 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.01% | $81,041 | $73,044 | $0 | $-5,563 | -7.62 % |
| 2021 | Total Commercial Automobile | 1.16% | $10,447,314 | $10,078,577 | $6,759,972 | $4,542,208 | 45.07 % |
| 2021 | Commercial Auto Liability Bodily Injury | 1.24% | $5,701,308 | $5,388,609 | $4,737,288 | $2,784,757 | 51.68 % |
| 2021 | Commercial Auto Liability Property Damage | 1.43% | $1,900,431 | $1,796,196 | $698,022 | $652,734 | 36.34 % |
| 2021 | Commercial Auto Medical Payments | 0.84% | $56,194 | $39,630 | $0 | $9,000 | 22.71 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.34% | $99,299 | $95,027 | $2,500 | $27,500 | 28.94 % |
| 2021 | Commercial Auto Comprehensive | 0.50% | $512,457 | $526,727 | $145,864 | $107,326 | 20.38 % |
| 2021 | Commercial Auto Collision | 1.26% | $2,177,625 | $2,232,388 | $1,176,298 | $960,891 | 43.04 % |
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
Market Conduct
Date: 06/02/2015
Financial Exams
This company does not have any financial exams.