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Company Details
STRATFORD INSURANCE COMPANY License Status :
Active
NAIC Number :
40436
Phone Number:
2018478600
Company Address:
300 KIMBALL DRIVE, SUITE 500
PARSIPPANY, NJ 07054
Description:
Property and Casualty
License Number:
B421671
Date Admitted:
1986-07-28
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 | 0.21% | $33,685,862 | $33,064,037 | $18,948,971 | $22,532,146 | 68.15 % |
| 2023 | Growing Crops | 14.66% | $4,415,383 | $4,415,383 | $3,295,209 | $3,806,725 | 86.22 % |
| 2023 | Ocean Marine | 0.50% | $263,548 | $255,583 | $0 | $1,026 | 0.40 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.04% | $389,387 | $374,577 | $238,526 | $4,603 | 1.23 % |
| 2023 | Federal Crop Insurance Corporation | 7.21% | $28,617,544 | $28,018,494 | $15,415,236 | $18,719,792 | 66.81 % |
| 2022 | Total Property & Casualty | 0.22% | $31,355,917 | $30,696,618 | $14,320,588 | $11,842,361 | 38.58 % |
| 2022 | Growing Crops | 8.64% | $3,850,666 | $3,850,666 | $1,703,401 | $1,360,416 | 35.33 % |
| 2022 | Ocean Marine | 0.52% | $255,128 | $225,700 | $0 | $44,745 | 19.82 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.03% | $233,170 | $229,393 | $7,135 | $15,407 | 6.72 % |
| 2022 | Federal Crop Insurance Corporation | 4.22% | $27,016,953 | $26,390,859 | $12,610,052 | $10,421,793 | 39.49 % |
| 2021 | Total Property & Casualty | 0.18% | $23,318,779 | $23,065,736 | $10,710,779 | $15,738,989 | 68.24 % |
| 2021 | Growing Crops | 18.97% | $3,268,295 | $3,268,295 | $2,340,189 | $2,157,772 | 66.02 % |
| 2021 | Ocean Marine | 0.47% | $205,819 | $162,475 | $0 | $29,729 | 18.30 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.04% | $306,039 | $567,313 | $-500 | $-220,440 | -38.86 % |
| 2021 | Federal Crop Insurance Corporation | 7.58% | $19,538,626 | $19,067,653 | $8,371,090 | $13,771,928 | 72.23 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
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Market Conduct
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Financial Exams
This company does not have any financial exams.