Company Details

  BITCO GENERAL INSURANCE CORPORATION License Status :
Active

NAIC Number :

20095


Phone Number:

5632320302


Company Address:

3700 MARKET SQUARE CIRCLE 
DAVENPORT, IA  52807

Description:

Property and Casualty


License Number:

B418176


Date Admitted:

1935-04-12


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 0.08% $12,999,688 $13,334,612 $5,784,090 $5,470,566 41.03 %
2023 Total Fire & Allied Lines 0.01% $60,706 $74,055 $0 $0 0.00 %
2023 Commercial Fire & Allied Lines 0.02% $60,706 $74,055 $0 $0 0.00 %
2023 Commercial Multi-Peril 0.23% $2,518,670 $2,679,020 $233,420 $518,872 19.37 %
2023 Inland Marine (Incl Auto Cargo) 0.15% $818,984 $864,779 $228,044 $122,555 14.17 %
2023 Earthquake 0.00% $1,247 $1,670 $0 $0 0.00 %
2023 Direct Workers Compensation 0.43% $4,649,867 $4,656,822 $3,634,013 $1,411,570 30.31 %
2023 Other Liability - Bodily Injury & Property Damage 0.16% $1,494,828 $1,562,346 $0 $303,113 19.40 %
2023 Total Commercial Automobile 0.34% $3,455,386 $3,495,920 $1,688,613 $3,114,456 89.09 %
2023 Commercial Auto Liability Bodily Injury 0.48% $2,467,008 $2,518,349 $485,889 $1,847,362 73.36 %
2023 Commercial Auto Liability Property Damage 0.00% $0 $0 $412,430 $412,430 N/A
2023 Commercial Auto Medical Payments 0.14% $10,418 $10,635 $0 $5,815 54.68 %
2023 Commercial Auto Uninsured Motorists 0.22% $93,639 $95,588 $15,000 $56,393 59.00 %
2023 Commercial Auto Comprehensive 0.30% $363,399 $358,068 $172,642 $178,969 49.98 %
2023 Commercial Auto Collision 0.26% $520,922 $513,280 $602,652 $613,487 N/A
2022 Total Property & Casualty 0.08% $11,316,950 $11,687,022 $5,205,971 $6,077,434 52.00 %
2022 Total Fire & Allied Lines 0.02% $85,556 $75,370 $0 $-4,106 -5.45 %
2022 Dwelling Fire & Allied Lines 0.06% $85,556 $75,370 $0 $-4,106 -5.45 %
2022 Commercial Multi-Peril 0.22% $2,172,921 $2,124,314 $432,651 $-672,319 -31.65 %
2022 Inland Marine (Incl Auto Cargo) 0.15% $785,807 $798,828 $281,859 $290,773 36.40 %
2022 Earthquake 0.00% $1,912 $1,728 $0 $-34 -1.97 %
2022 Direct Workers Compensation 0.36% $3,722,329 $4,155,980 $3,292,671 $5,602,391 N/A
2022 Other Liability - Bodily Injury & Property Damage 0.16% $1,342,943 $1,368,694 $45,152 $-1,633,978 -119.38 %
2022 Total Commercial Automobile 0.33% $3,205,482 $3,162,108 $1,153,638 $2,494,707 78.89 %
2022 Commercial Auto Liability Bodily Injury 0.48% $2,317,598 $2,298,387 $213,329 $1,440,405 62.67 %
2022 Commercial Auto Liability Property Damage 0.00% $0 $0 $420,939 $420,939 N/A
2022 Commercial Auto Medical Payments 0.14% $9,755 $9,674 $984 $5,392 55.74 %
2022 Commercial Auto Uninsured Motorists 0.25% $92,947 $92,177 $0 $32,221 34.96 %
2022 Commercial Auto Comprehensive 0.26% $324,925 $315,278 $230,029 $266,930 84.66 %
2022 Commercial Auto Collision 0.25% $460,257 $446,592 $288,357 $328,820 73.63 %
2021 Total Property & Casualty 0.09% $12,090,486 $11,350,036 $5,914,445 $12,131,633 N/A
2021 Total Fire & Allied Lines 0.01% $64,601 $66,262 $0 $-5,183 -7.82 %
2021 Dwelling Fire & Allied Lines 0.04% $64,601 $66,262 $0 $-5,183 -7.82 %
2021 Commercial Multi-Peril 0.23% $2,097,399 $1,984,009 $139,434 $1,062,087 53.53 %
2021 Inland Marine (Incl Auto Cargo) 0.19% $879,551 $815,982 $218,796 $237,961 29.16 %
2021 Earthquake 0.00% $1,612 $1,624 $0 $34 2.09 %
2021 Direct Workers Compensation 0.45% $4,383,668 $4,074,340 $2,861,412 $8,683,584 N/A
2021 Other Liability - Bodily Injury & Property Damage 0.18% $1,472,385 $1,393,504 $81,614 $-206,753 -14.84 %
2021 Total Commercial Automobile 0.35% $3,191,270 $3,014,315 $2,613,189 $2,359,903 78.29 %
2021 Commercial Auto Liability Bodily Injury 0.51% $2,336,819 $2,199,631 $510,610 $286,216 13.01 %
2021 Commercial Auto Liability Property Damage 0.00% $0 $0 $229,646 $229,646 N/A
2021 Commercial Auto Medical Payments 0.16% $10,333 $9,726 $0 $-1,975 -20.31 %
2021 Commercial Auto Uninsured Motorists 0.35% $104,871 $98,714 $1,512,500 $1,481,945 N/A
2021 Commercial Auto Comprehensive 0.28% $285,141 $272,411 $88,115 $45,388 16.66 %
2021 Commercial Auto Collision 0.26% $454,106 $433,833 $272,318 $318,683 73.46 %

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
2023 Homeowners 0.00% 0 0
2022 Homeowners 0.00% 0 0
2021 Homeowners 0.00% 0 0


Company Changes

Effective Date: 10/16/2014

Comments: Effective 10/16/14 Bituminous Casualty Corporation changed its name to BITCO General Insurance Corporation.

Effective Date: 04/18/2022

Comments: Effective 04/18/2022 the above company redomesticated from Illinois to Iowa.


Market Conduct

Date: 02/06/2017

BGIC217.pdf


Financial Exams

This company does not have any financial exams.