Company Details

  STARNET INSURANCE COMPANY License Status :
Active

NAIC Number :

40045


Phone Number:

515-473-3000


Company Address:

PO BOX 9190 
DES MOINES , IA  50306

Description:

Property and Casualty


License Number:

B418545


Date Admitted:

2001-02-22


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Accident & Health 0.00% $0 $0 $0 $-26 N/A
2018 Total Group Accident & Health 0.00% $0 $0 $0 $-26 N/A
2018 Group Accident Only 0.00% $0 $0 $0 $-26 N/A
2018 Total Property & Casualty 0.01% $5,010,956 $5,615,930 $5,022,916 $1,914,398 34.09 %
2018 Total Fire & Allied Lines 0.01% $200,029 $186,125 $42,217 $249,364 N/A
2018 Commercial Fire & Allied Lines 0.03% $200,029 $186,125 $42,217 $249,364 N/A
2018 Farmowners Multi-Peril 0.00% $18,366 $12,037 $0 $-92 -0.76 %
2018 Commercial Multi-Peril 0.01% $426,521 $411,868 $30,043 $58,424 14.19 %
2018 Ocean Marine 0.00% $7,500 $7,628 $0 $555 7.28 %
2018 Inland Marine (Incl Auto Cargo) 0.01% $279,738 $288,796 $159,747 $133,619 46.27 %
2018 Direct Workers Compensation 0.07% $3,206,600 $3,341,271 $2,379,095 $1,404,285 42.03 %
2018 Other Liability - Bodily Injury & Property Damage 0.01% $200,999 $423,796 $1,140,439 $-531,745 -125.47 %
2018 Total Commercial Automobile 0.01% $176,291 $66,190 $12,189 $17,906 27.05 %
2018 Commercial Auto Liability Bodily Injury 0.01% $142,893 $44,720 $14,200 $16,805 37.58 %
2018 Commercial Auto Liability Property Damage 0.00% $0 $0 $1,469 $3,969 N/A
2018 Commercial Auto Medical Payments 0.00% $1,040 $720 $0 $0 0.00 %
2018 Commercial Auto Uninsured Motorists 0.00% $2,362 $1,762 $0 $0 0.00 %
2018 Commercial Auto Comprehensive 0.00% $7,804 $5,426 $0 $0 0.00 %
2018 Commercial Auto Collision 0.00% $22,192 $13,562 $-3,480 $-2,868 -21.15 %
2018 Aircraft 0.33% $391,919 $808,132 $1,259,186 $584,444 72.32 %
2018 Fidelity 0.08% $95,917 $63,232 $0 $-2,387 -3.77 %
2018 Boiler & Machinery 0.01% $7,076 $6,855 $0 $25 0.36 %
2017 Total Accident & Health 0.00% $0 $0 $0 $-198 N/A
2017 Total Group Accident & Health 0.00% $0 $0 $0 $-198 N/A
2017 Group Accident Only 0.00% $0 $0 $0 $-198 N/A
2017 Total Property & Casualty 0.03% $6,916,972 $6,912,994 $4,301,742 $6,269,139 90.69 %
2017 Total Fire & Allied Lines 0.02% $185,275 $169,306 $26,734 $-64,426 -38.05 %
2017 Commercial Fire & Allied Lines 0.07% $185,275 $169,306 $26,734 $-64,426 -38.05 %
2017 Farmowners Multi-Peril 0.00% $9,004 $9,930 $0 $224 2.26 %
2017 Commercial Multi-Peril 0.02% $452,983 $418,163 $23,580 $-35,043 -8.38 %
2017 Ocean Marine 0.01% $7,688 $7,688 $0 $777 10.11 %
2017 Inland Marine (Incl Auto Cargo) 0.03% $353,166 $382,547 $539,730 $566,959 N/A
2017 Direct Workers Compensation 0.16% $4,087,207 $4,396,786 $3,576,039 $3,804,310 86.52 %
2017 Other Liability - Bodily Injury & Property Damage 0.04% $757,948 $454,700 $14,032 $1,434,599 N/A
2017 Total Commercial Automobile 0.00% $47,530 $49,474 $32,209 $28,627 57.86 %
2017 Commercial Auto Liability Bodily Injury 0.00% $29,973 $31,470 $0 $0 0.00 %
2017 Commercial Auto Medical Payments 0.00% $426 $489 $0 $0 0.00 %
2017 Commercial Auto Uninsured Motorists 0.00% $1,208 $1,350 $0 $1,380 N/A
2017 Commercial Auto Comprehensive 0.00% $7,846 $7,158 $0 $0 0.00 %
2017 Commercial Auto Collision 0.00% $8,077 $9,007 $32,209 $27,247 N/A
2017 Aircraft 1.42% $972,390 $951,265 $89,418 $545,214 57.31 %
2017 Fidelity 0.06% $36,438 $65,765 $0 $-12,116 -18.42 %
2017 Boiler & Machinery 0.01% $7,343 $7,370 $0 $14 0.19 %
2016 Total Accident & Health 0.00% $0 $0 $0 $-89 N/A
2016 Total Group Accident & Health 0.00% $0 $0 $0 $-89 N/A
2016 Group Accident Only 0.00% $0 $0 $0 $-89 N/A
2016 Total Property & Casualty 0.03% $7,144,074 $7,590,541 $4,074,540 $4,846,611 63.85 %
2016 Total Fire & Allied Lines 0.02% $154,886 $66,686 $18,703 $206,988 N/A
2016 Commercial Fire & Allied Lines 0.06% $154,886 $66,686 $18,703 $206,988 N/A
2016 Farmowners Multi-Peril 0.00% $10,615 $10,373 $0 $-85 -0.82 %
2016 Commercial Multi-Peril 0.02% $339,233 $291,277 $69,768 $95,182 32.68 %
2016 Ocean Marine 0.01% $7,688 $7,343 $0 $1,752 23.86 %
2016 Inland Marine (Incl Auto Cargo) 0.03% $327,990 $338,698 $84,307 $86,822 25.63 %
2016 Direct Workers Compensation 0.20% $5,033,278 $5,476,825 $3,389,386 $4,099,048 74.84 %
2016 Other Liability - Bodily Injury & Property Damage 0.02% $287,866 $445,423 $428,141 $366,553 82.29 %
2016 Total Commercial Automobile 0.00% $48,129 $42,158 $24,967 $7,324 17.37 %
2016 Commercial Auto Liability Bodily Injury 0.00% $30,440 $27,557 $21,303 $417 1.51 %
2016 Commercial Auto Medical Payments 0.00% $497 $378 $0 $0 0.00 %
2016 Commercial Auto Uninsured Motorists 0.00% $1,354 $1,051 $0 $0 0.00 %
2016 Commercial Auto Comprehensive 0.00% $4,123 $3,260 $2,408 $2,531 77.64 %
2016 Commercial Auto Collision 0.01% $11,715 $9,912 $1,256 $4,376 44.15 %
2016 Aircraft 1.13% $878,693 $820,137 $59,268 $-25,336 -3.09 %
2016 Fidelity 0.08% $49,326 $86,416 $0 $9,186 10.63 %
2016 Boiler & Machinery 0.01% $6,370 $5,205 $0 $-823 -15.81 %

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
2018 Homeowners 0.00% 0 0
2017 Homeowners 0.00% 0 0
2016 Homeowners 0.00% 0 0


Company Changes

Effective Date: 03/28/2019

Comments: Effective 3/28/2019 the above company redomesticated from Delaware to Iowa.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.