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Company Details
FOREMOST INSURANCE COMPANY GRAND RAPIDS MICHIGAN License Status :
Active
NAIC Number :
11185
Phone Number:
512-703-9601
Company Address:
P.O. BOX 2450
GRAND RAPIDS, MI 49501-2450
Description:
Property and Casualty
License Number:
B420834
Date Admitted:
1954-07-02
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 |
---|---|---|---|---|---|---|---|
2020 | Total Property & Casualty | 0.14% | $40,048,734 | $38,463,614 | $16,470,557 | $15,489,081 | 40.27 % |
2020 | Total Fire & Allied Lines | 1.36% | $17,692,625 | $16,550,734 | $5,936,739 | $5,730,062 | 34.62 % |
2020 | Dwelling Fire & Allied Lines | 4.86% | $17,692,625 | $16,550,734 | $5,936,739 | $5,730,062 | 34.62 % |
2020 | Total Homeowners | 0.05% | $2,769,241 | $2,770,277 | $901,586 | $944,706 | 34.10 % |
2020 | Homeowners Multi-Peril | 0.05% | $2,769,241 | $2,770,277 | $901,586 | $944,706 | 34.10 % |
2020 | Commercial Multi-Peril | 0.00% | $0 | $0 | $39,367 | $6,247 | N/A |
2020 | Mobile Homes | 9.13% | $8,110,505 | $8,058,138 | $2,790,436 | $2,929,676 | 36.36 % |
2020 | Ocean Marine | 1.34% | $1,844,908 | $1,826,070 | $964,951 | $975,161 | 53.40 % |
2020 | Inland Marine (Incl Auto Cargo) | 0.03% | $410,642 | $417,530 | $130,359 | $117,807 | 28.22 % |
2020 | Earthquake | 0.09% | $253,358 | $237,178 | $0 | $-11 | 0.00 % |
2020 | Direct Workers Compensation | 0.00% | $-3,255 | $-3,255 | $186 | $-59,550 | N/A |
2020 | Other Liability - Bodily Injury & Property Damage | 0.12% | $2,315,396 | $2,199,591 | $1,313,195 | $618,035 | 28.10 % |
2020 | Total Private Passenger Automobile | 0.08% | $6,506,493 | $6,237,998 | $4,393,738 | $4,254,394 | 68.20 % |
2020 | Private Passenger Auto Liability Bodily Injury | 0.10% | $2,225,061 | $2,158,501 | $2,094,513 | $1,780,925 | 82.51 % |
2020 | Private Passenger Auto Liability Property Damage | 0.02% | $302,173 | $291,933 | $122,168 | $121,770 | 41.71 % |
2020 | Private Passenger Auto Comprehensive | 0.15% | $2,372,896 | $2,282,456 | $1,217,949 | $1,393,219 | 61.04 % |
2020 | Private Passenger Auto Collision | 0.07% | $1,606,363 | $1,505,108 | $959,108 | $958,480 | 63.68 % |
2020 | Total Commercial Automobile | 0.00% | $0 | $0 | $0 | $-9,496 | N/A |
2020 | Commercial Auto Liability Bodily Injury | 0.00% | $0 | $0 | $0 | $-7,060 | N/A |
2020 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $0 | $-1,612 | N/A |
2020 | Commercial Auto Medical Payments | 0.00% | $0 | $0 | $0 | $-77 | N/A |
2020 | Commercial Auto Uninsured Motorists | 0.00% | $0 | $0 | $0 | $-736 | N/A |
2020 | Commercial Auto Collision | 0.00% | $0 | $0 | $0 | $-11 | N/A |
2020 | National Flood Insurance Program | 0.45% | $148,821 | $169,353 | $0 | $-17,950 | -10.60 % |
2019 | Total Property & Casualty | 0.13% | $37,463,877 | $36,752,838 | $15,781,400 | $16,861,279 | 45.88 % |
2019 | Total Fire & Allied Lines | 1.32% | $15,735,213 | $15,020,812 | $5,296,182 | $5,607,241 | 37.33 % |
2019 | Dwelling Fire & Allied Lines | 4.41% | $15,735,213 | $15,020,812 | $5,296,182 | $5,607,241 | 37.33 % |
2019 | Total Homeowners | 0.05% | $2,793,828 | $2,837,377 | $1,546,241 | $1,415,507 | 49.89 % |
2019 | Homeowners Multi-Peril | 0.05% | $2,793,828 | $2,837,377 | $1,546,241 | $1,415,507 | 49.89 % |
2019 | Commercial Multi-Peril | 0.00% | $-457 | $22,435 | $231,267 | $117,029 | N/A |
2019 | Mobile Homes | 9.33% | $8,069,317 | $8,129,993 | $2,904,632 | $2,750,481 | 33.83 % |
2019 | Ocean Marine | 1.48% | $1,817,261 | $1,788,877 | $1,157,941 | $1,238,234 | 69.22 % |
2019 | Inland Marine (Incl Auto Cargo) | 0.03% | $423,088 | $424,779 | $80,002 | $105,154 | 24.75 % |
2019 | Earthquake | 0.08% | $225,170 | $208,212 | $0 | $-29 | -0.01 % |
2019 | Direct Workers Compensation | 0.00% | $2,211 | $22,469 | $2,379 | $-19,491 | -86.75 % |
2019 | Other Liability - Bodily Injury & Property Damage | 0.11% | $2,122,752 | $2,017,628 | $986,096 | $1,540,245 | 76.34 % |
2019 | Total Private Passenger Automobile | 0.07% | $6,093,897 | $6,091,327 | $3,276,929 | $3,916,426 | 64.30 % |
2019 | Private Passenger Auto Liability Bodily Injury | 0.09% | $2,137,490 | $2,164,471 | $874,510 | $1,447,935 | 66.90 % |
2019 | Private Passenger Auto Liability Property Damage | 0.02% | $289,083 | $289,670 | $111,774 | $125,189 | 43.22 % |
2019 | Private Passenger Auto Medical Payments | 0.00% | $0 | $0 | $500 | $500 | N/A |
2019 | Private Passenger Underinsured Motorists | 0.00% | $0 | $0 | $25,000 | $-1,700 | N/A |
2019 | Private Passenger Auto Comprehensive | 0.14% | $2,237,704 | $2,219,775 | $1,443,263 | $1,458,665 | 65.71 % |
2019 | Private Passenger Auto Collision | 0.07% | $1,429,620 | $1,417,411 | $821,882 | $885,837 | 62.50 % |
2019 | Total Commercial Automobile | 0.00% | $-151 | $8,328 | $33,588 | $19,364 | N/A |
2019 | Commercial Auto Liability Bodily Injury | 0.00% | $-60 | $3,739 | $0 | $-8,722 | -233.27 % |
2019 | Commercial Auto Liability Property Damage | 0.00% | $-26 | $1,603 | $0 | $-3,151 | -196.57 % |
2019 | Commercial Auto Medical Payments | 0.00% | $-6 | $167 | $0 | $-196 | -117.37 % |
2019 | Commercial Auto Uninsured Motorists | 0.00% | $-17 | $876 | $0 | $-1,294 | -147.72 % |
2019 | Commercial Auto Comprehensive | 0.00% | $-20 | $692 | $0 | $-300 | -43.35 % |
2019 | Commercial Auto Collision | 0.00% | $-22 | $1,251 | $33,588 | $33,027 | N/A |
2019 | National Flood Insurance Program | 0.55% | $181,748 | $180,601 | $266,143 | $171,118 | 94.75 % |
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 |
---|---|---|---|---|
2021 | Private Passenger Auto | 0.14% | 1 | 44 |
2021 | Homeowners | 1.07% | 10 | 105 |
2020 | Private Passenger Auto | 0.14% | 2 | 84 |
2020 | Homeowners | 1.05% | 8 | 97 |
2019 | Private Passenger Auto | 0.14% | 2 | 78 |
2019 | Homeowners | 1.05% | 9 | 101 |
Company Changes
Market Conduct
Date: 11/03/2006
Date: 08/21/2015
Date: 10/11/2016
Financial Exams
This company does not have any financial exams.