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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
2021 Total Accident & Health 0.00% $107,117 $70,284 $11,400 $56,035 79.73 %
2021 Total Individual Accident & Health 0.00% $107,117 $70,284 $11,400 $56,035 79.73 %
2021 Individual Accident Only 0.04% $107,117 $70,284 $11,400 $56,035 79.73 %
2021 Total Property & Casualty 0.11% $36,065,066 $46,368,566 $25,433,728 $26,764,770 57.72 %
2021 Total Fire & Allied Lines 0.00% $33,408 $6,860 $0 $-2,268 -33.06 %
2021 Commercial Fire & Allied Lines 0.01% $33,408 $6,860 $0 $-2,268 -33.06 %
2021 Commercial Multi-Peril 0.05% $1,166,925 $850,601 $542,030 $596,005 70.07 %
2021 Inland Marine (Incl Auto Cargo) 0.02% $313,728 $367,096 $217,488 $226,431 61.68 %
2021 Direct Workers Compensation 0.28% $8,488,043 $6,671,098 $2,799,431 $4,732,145 70.94 %
2021 Other Liability - Bodily Injury & Property Damage 0.15% $3,294,011 $2,494,074 $1,180,915 $1,294,598 51.91 %
2021 Other Liability - Warranty 16.09% $15,196,868 $28,410,579 $18,092,274 $18,716,453 65.88 %
2021 Excess Workers Compensation 0.00% $0 $0 $297,090 $1,059,777 N/A
2021 Products Liability 0.00% $1,132 $1,086 $125 $-80,604 -7,422.10 %
2021 Total Commercial Automobile 0.34% $7,423,826 $7,311,885 $2,106,627 $126,088 1.72 %
2021 Commercial Auto Liability Bodily Injury 0.57% $6,432,726 $6,334,598 $2,104,830 $298,404 4.71 %
2021 Commercial Auto Medical Payments 0.08% $12,119 $14,993 $0 $0 0.00 %
2021 Commercial Auto Uninsured Motorists 0.03% $18,672 $19,906 $76 $11 0.06 %
2021 Commercial Auto Comprehensive 0.13% $293,821 $292,634 $144,229 $-14,446,700 -4,936.78 %
2021 Commercial Auto Collision 0.18% $666,488 $649,754 $-142,508 $14,274,373 N/A
2021 Credit Unemployment 5.79% $147,125 $255,287 $197,748 $96,145 37.66 %
2020 Total Property & Casualty 0.18% $53,981,184 $30,757,987 $18,894,640 $22,823,650 74.20 %
2020 Total Fire & Allied Lines 0.00% $1,290 $3,871 $0 $2,496 64.48 %
2020 Commercial Fire & Allied Lines 0.00% $1,290 $3,871 $0 $2,496 64.48 %
2020 Commercial Multi-Peril 0.02% $475,047 $447,886 $25,378 $359,216 80.20 %
2020 Inland Marine (Incl Auto Cargo) 0.04% $455,231 $561,853 $-414,033 $-420,874 -74.91 %
2020 Direct Workers Compensation 0.16% $4,763,477 $4,823,254 $2,943,676 $1,198,239 24.84 %
2020 Other Liability - Bodily Injury & Property Damage 0.10% $1,848,831 $1,489,814 $120,186 $130,082 8.73 %
2020 Other Liability - Warranty 26.20% $40,011,693 $17,521,040 $13,365,140 $13,511,531 77.12 %
2020 Excess Workers Compensation 0.00% $0 $0 $0 $9,817 N/A
2020 Products Liability 0.00% $867 $5,345 $0 $-93,912 -1,757.01 %
2020 Total Commercial Automobile 0.33% $6,293,973 $5,516,207 $2,511,218 $7,695,917 N/A
2020 Commercial Auto Liability Bodily Injury 0.57% $5,631,733 $4,890,086 $1,690,405 $6,636,053 N/A
2020 Commercial Auto Comprehensive 0.31% $662,240 $626,121 $820,813 $1,059,864 N/A
2020 Credit Property (Excluding V.S.I.) 0.22% $130,775 $388,717 $343,075 $431,138 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2021 Health 0.00% 0 0


Company Changes


Market Conduct

Date: 10/06/2011

WescoInsuranceCompany.pdf

Date: 05/04/2015

WescoInsuranceCoMC.pdf

Date: 11/15/2021

WIC1121.pdf


Financial Exams

This company does not have any financial exams.