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
2022 Total Property & Casualty 0.04% $14,067,699 $12,162,357 $5,999,016 $8,827,020 72.58 %
2022 Inland Marine (Incl Auto Cargo) 0.05% $889,952 $718,264 $243,943 $201,142 28.00 %
2022 Other Liability - Bodily Injury & Property Damage 0.00% $115,529 $94,698 $0 $-25,027 -26.43 %
2022 Total Commercial Automobile 0.54% $13,062,218 $11,349,395 $5,755,073 $8,650,905 76.22 %
2022 Commercial Auto Liability Bodily Injury 0.57% $6,765,857 $6,023,158 $2,452,395 $4,548,090 75.51 %
2022 Commercial Auto Liability Property Damage 0.54% $2,255,285 $2,007,719 $1,208,696 $1,684,536 83.90 %
2022 Commercial Auto Medical Payments 0.58% $112,199 $85,195 $19,600 $10,600 12.44 %
2022 Commercial Auto Uninsured Motorists 0.13% $125,827 $109,625 $75,000 $100,000 91.22 %
2022 Commercial Auto Comprehensive 0.27% $751,625 $613,674 $364,140 $376,888 61.42 %
2022 Commercial Auto Collision 0.70% $3,051,425 $2,510,024 $1,635,242 $1,930,791 76.92 %
2021 Total Property & Casualty 0.03% $11,224,968 $10,868,680 $6,961,482 $4,703,813 43.28 %
2021 Inland Marine (Incl Auto Cargo) 0.05% $696,613 $717,059 $201,510 $167,168 23.31 %
2021 Other Liability - Bodily Injury & Property Damage 0.00% $81,041 $73,044 $0 $-5,563 -7.62 %
2021 Total Commercial Automobile 0.47% $10,447,314 $10,078,577 $6,759,972 $4,542,208 45.07 %
2021 Commercial Auto Liability Bodily Injury 0.49% $5,701,308 $5,388,609 $4,737,288 $2,784,757 51.68 %
2021 Commercial Auto Liability Property Damage 0.57% $1,900,431 $1,796,196 $698,022 $652,734 36.34 %
2021 Commercial Auto Medical Payments 0.34% $56,194 $39,630 $0 $9,000 22.71 %
2021 Commercial Auto Uninsured Motorists 0.13% $99,299 $95,027 $2,500 $27,500 28.94 %
2021 Commercial Auto Comprehensive 0.21% $512,457 $526,727 $145,864 $107,326 20.38 %
2021 Commercial Auto Collision 0.55% $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.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes


Market Conduct

Date: 06/02/2015

CanalInsuranceCoMC.pdf


Financial Exams

This company does not have any financial exams.