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Company Details
WESCO INSURANCE COMPANY License Status :
Active
NAIC Number :
25011
Phone Number:
2122207120
Company Address:
800 Superior Ave. E. 21st Floor
Cleveland, OH 44114
Description:
Property and Casualty
License Number:
B423406
Date Admitted:
1991-03-26
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 | 0.13% | $20,024,419 | $32,112,636 | $21,903,719 | $25,359,133 | 78.97 % |
| 2023 | Total Fire & Allied Lines | 0.00% | $25,962 | $12,591 | $0 | $1,742 | 13.84 % |
| 2023 | Commercial Fire & Allied Lines | 0.01% | $25,962 | $12,591 | $0 | $1,742 | 13.84 % |
| 2023 | Commercial Multi-Peril | 0.29% | $3,219,831 | $3,110,895 | $3,897,152 | $3,382,748 | N/A |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.03% | $162,807 | $114,382 | $154,760 | $85,739 | 74.96 % |
| 2023 | Earthquake | 0.00% | $3,239 | $3,744 | $0 | $61 | 1.63 % |
| 2023 | Direct Workers Compensation | 0.98% | $10,525,809 | $1,104,636 | $5,042,736 | $7,195,979 | N/A |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.24% | $2,333,683 | $2,639,265 | $72,857 | $861,021 | 32.62 % |
| 2023 | Other Liability - Warranty | 0.19% | $48,320 | $18,675,427 | $8,314,712 | $7,685,027 | 41.15 % |
| 2023 | Excess Workers Compensation | 0.00% | $0 | $0 | $25,309 | $-106,209 | N/A |
| 2023 | Products Liability | 0.00% | $1,724 | $815 | $0 | $109,698 | N/A |
| 2023 | Total Commercial Automobile | 0.32% | $3,332,851 | $5,984,087 | $4,149,444 | $5,841,089 | 97.61 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.50% | $2,570,328 | $5,091,658 | $3,115,977 | $5,032,286 | 98.83 % |
| 2023 | Commercial Auto Medical Payments | 0.15% | $10,946 | $10,972 | $10,928 | $0 | 0.00 % |
| 2023 | Commercial Auto Uninsured Motorists | 0.03% | $13,104 | $13,127 | $0 | $17,649 | N/A |
| 2023 | Commercial Auto Comprehensive | 0.19% | $231,485 | $271,271 | $148,364 | $114,791 | 42.32 % |
| 2023 | Commercial Auto Collision | 0.25% | $506,988 | $597,059 | $874,175 | $676,363 | N/A |
| 2023 | Burglary & Theft | 0.01% | $682 | $334 | $0 | $51 | 15.27 % |
| 2023 | Boiler & Machinery | 0.00% | $29 | $10 | $0 | $0 | 0.00 % |
| 2023 | Credit Unemployment | 21.05% | $369,482 | $466,450 | $246,749 | $302,187 | 64.78 % |
| 2022 | Total Accident & Health | 0.00% | $101,206 | $65,080 | $10,187 | $-19,236 | -29.56 % |
| 2022 | Total Individual Accident & Health | 0.00% | $101,206 | $65,080 | $10,187 | $-19,236 | -29.56 % |
| 2022 | Individual Accident Only | 0.16% | $101,206 | $65,080 | $10,187 | $-19,236 | -29.56 % |
| 2022 | Total Property & Casualty | 0.20% | $28,384,995 | $42,090,537 | $22,340,328 | $30,258,260 | 71.89 % |
| 2022 | Total Fire & Allied Lines | 0.00% | $-2,145 | $24,170 | $0 | $-43 | -0.18 % |
| 2022 | Commercial Fire & Allied Lines | 0.00% | $-2,145 | $24,170 | $0 | $-43 | -0.18 % |
| 2022 | Commercial Multi-Peril | 0.31% | $3,111,878 | $2,025,258 | $1,162,758 | $4,248,319 | N/A |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.07% | $355,146 | $335,793 | $172,067 | $201,330 | 59.96 % |
| 2022 | Earthquake | 0.00% | $5,273 | $3,980 | $0 | $10 | 0.25 % |
| 2022 | Direct Workers Compensation | 1.09% | $11,274,261 | $10,493,982 | $3,615,409 | $5,190,098 | 49.46 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.34% | $2,923,265 | $3,044,542 | $10,566 | $896,936 | 29.46 % |
| 2022 | Other Liability - Warranty | 11.39% | $3,421,808 | $18,613,955 | $14,209,995 | $13,975,379 | 75.08 % |
| 2022 | Excess Workers Compensation | 0.00% | $0 | $0 | $445,761 | $-131,035 | N/A |
| 2022 | Products Liability | 0.00% | $177 | $-5,115 | $0 | $89,524 | N/A |
| 2022 | Total Commercial Automobile | 0.72% | $7,065,259 | $7,411,631 | $2,685,682 | $5,693,919 | 76.82 % |
| 2022 | Commercial Auto Liability Bodily Injury | 1.23% | $5,883,178 | $6,242,134 | $1,693,927 | $4,307,955 | 69.01 % |
| 2022 | Commercial Auto Medical Payments | 0.16% | $11,682 | $11,120 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Uninsured Motorists | 0.04% | $16,699 | $18,427 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Comprehensive | 0.28% | $352,248 | $341,146 | $327,758 | $458,038 | N/A |
| 2022 | Commercial Auto Collision | 0.44% | $801,452 | $798,804 | $663,997 | $927,926 | N/A |
| 2022 | Credit Unemployment | 14.90% | $230,073 | $142,341 | $38,090 | $93,823 | 65.91 % |
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 |
|---|---|---|---|---|
| 2023 | Health | 0.00% | 0 | 0 |
| 2022 | Health | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 10/06/2011
Date: 05/04/2015
Date: 11/15/2021
Financial Exams
This company does not have any financial exams.