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Company Details
VIRGINIA SURETY COMPANY INC License Status :
Active
NAIC Number :
40827
Phone Number:
3123563000
Company Address:
175 W. JACKSON
CHICAGO, IL 60604
Description:
Property and Casualty
License Number:
B419031
Date Admitted:
1982-07-06
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 | 0.03% | $5,028,541 | $4,146,247 | $3,040,692 | $3,997,997 | 96.42 % |
| 2023 | Direct Workers Compensation | 0.00% | $0 | $0 | $84,992 | $610,021 | N/A |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.51% | $4,835,347 | $3,954,052 | $2,861,301 | $3,293,521 | 83.29 % |
| 2023 | Other Liability - Warranty | 0.00% | $0 | $-999 | $0 | $0 | N/A |
| 2023 | Credit Unemployment | 0.00% | $0 | $0 | $0 | $56 | N/A |
| 2023 | Other Specific | 2.65% | $193,194 | $193,194 | $94,399 | $94,399 | 48.86 % |
| 2022 | Total Property & Casualty | 0.03% | $3,664,240 | $3,606,235 | $976,836 | $1,199,166 | 33.25 % |
| 2022 | Direct Workers Compensation | 0.00% | $0 | $0 | $0 | $182,668 | N/A |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.42% | $3,534,113 | $3,476,108 | $903,615 | $943,277 | 27.14 % |
| 2022 | Other Specific | 1.78% | $130,127 | $130,127 | $73,221 | $73,221 | 56.27 % |
| 2021 | Total Property & Casualty | 0.03% | $3,454,997 | $3,131,571 | $2,346,093 | $1,109,646 | 35.43 % |
| 2021 | Direct Workers Compensation | 0.00% | $0 | $0 | $520,494 | $-782,489 | N/A |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.42% | $3,382,980 | $3,059,554 | $1,792,594 | $1,859,130 | 60.76 % |
| 2021 | Other Specific | 0.74% | $72,017 | $72,017 | $33,005 | $33,005 | 45.83 % |
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: 06/01/2003
Comments: Combined Specialty Insurance Co. changed its name to Virginia Surety Co., Inc.
Market Conduct
Date: 02/06/2013
Financial Exams
This company does not have any financial exams.