Company Details

  STARNET INSURANCE COMPANY License Status :
Active

NAIC Number :

40045


Phone Number:

5154733000


Company Address:

PO BOX 9190 
DES MOINES, IA  50306-9190

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 Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Property & Casualty 0.01% $4,622,146 $4,748,531 $1,404,851 $2,226,206 46.88 %
2022 Total Fire & Allied Lines 0.00% $717 $19,618 $11,507 $-43,986 -224.21 %
2022 Commercial Fire & Allied Lines 0.00% $717 $19,618 $11,507 $-43,986 -224.21 %
2022 Farmowners Multi-Peril 0.00% $2,485 $3,639 $0 $-1,696 -46.61 %
2022 Commercial Multi-Peril 0.05% $1,290,540 $1,193,332 $27,815 $-45,209 -3.79 %
2022 Ocean Marine 0.03% $40,251 $41,895 $0 $3,022 7.21 %
2022 Inland Marine (Incl Auto Cargo) 0.06% $977,971 $861,113 $150,252 $316,531 36.76 %
2022 Earthquake 0.00% $0 $543 $0 $0 0.00 %
2022 Direct Workers Compensation 0.06% $1,869,041 $2,068,095 $1,081,101 $453,104 21.91 %
2022 Other Liability - Bodily Injury & Property Damage 0.00% $57,762 $66,996 $0 $626,025 N/A
2022 Total Commercial Automobile 0.01% $335,221 $323,444 $50,802 $26,442 8.18 %
2022 Commercial Auto Liability Bodily Injury 0.02% $188,396 $178,935 $0 $2,584 1.44 %
2022 Commercial Auto Liability Property Damage 0.02% $76,884 $70,369 $2,167 $27,504 39.09 %
2022 Commercial Auto Medical Payments 0.00% $372 $266 $0 $0 0.00 %
2022 Commercial Auto Uninsured Motorists 0.00% $465 $337 $0 $0 0.00 %
2022 Commercial Auto Comprehensive 0.01% $18,843 $19,152 $65 $0 0.00 %
2022 Commercial Auto Collision 0.01% $50,261 $54,385 $48,570 $-3,646 -6.70 %
2022 Aircraft 0.00% $0 $0 $-47,938 $-111,672 N/A
2022 Fidelity 0.00% $0 $27,960 $0 $-11,548 -41.30 %
2022 Burglary & Theft 0.00% $0 $33 $0 $0 0.00 %
2022 Boiler & Machinery 0.04% $38,484 $35,656 $0 $-1,529 -4.29 %
2022 Professional Liability (Excl Medical Malpractice) 0.00% $0 $96,632 $131,312 $1,016,722 N/A
2022 Private Flood 0.05% $9,674 $9,575 $0 $0 0.00 %
2021 Total Property & Casualty 0.01% $4,567,612 $4,629,405 $2,672,181 $2,585,241 55.84 %
2021 Total Fire & Allied Lines 0.00% $28,862 $24,067 $68,738 $-54,373 -225.92 %
2021 Commercial Fire & Allied Lines 0.00% $28,862 $24,067 $68,738 $-54,373 -225.92 %
2021 Farmowners Multi-Peril 0.00% $5,922 $6,608 $0 $-381 -5.77 %
2021 Commercial Multi-Peril 0.04% $1,008,726 $976,612 $456,926 $582,866 59.68 %
2021 Ocean Marine 0.03% $35,594 $35,075 $0 $7,301 20.82 %
2021 Inland Marine (Incl Auto Cargo) 0.05% $661,005 $530,810 $61,413 $97,706 18.41 %
2021 Earthquake 0.00% $631 $88 $0 $0 0.00 %
2021 Direct Workers Compensation 0.07% $2,185,556 $2,314,530 $1,963,201 $1,862,942 80.49 %
2021 Other Liability - Bodily Injury & Property Damage 0.01% $264,795 $288,260 $77,686 $56,660 19.66 %
2021 Total Commercial Automobile 0.01% $298,611 $330,557 $22,787 $103,088 31.19 %
2021 Commercial Auto Liability Bodily Injury 0.00% $41,685 $56,979 $0 $28,559 50.12 %
2021 Commercial Auto Liability Property Damage 0.05% $178,471 $184,133 $982 $982 0.53 %
2021 Commercial Auto Medical Payments 0.01% $1,436 $1,508 $0 $0 0.00 %
2021 Commercial Auto Uninsured Motorists 0.00% $143 $591 $0 $0 0.00 %
2021 Commercial Auto Comprehensive 0.01% $17,008 $18,358 $65 $65 0.35 %
2021 Commercial Auto Collision 0.02% $59,868 $68,988 $21,740 $73,482 N/A
2021 Aircraft 0.00% $0 $0 $21,430 $-80,947 N/A
2021 Fidelity 0.07% $51,359 $98,281 $0 $9,398 9.56 %
2021 Burglary & Theft 0.00% $100 $33 $0 $0 0.00 %
2021 Boiler & Machinery 0.03% $26,451 $24,484 $0 $981 4.01 %

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
2022 Homeowners 0.00% 0 0
2021 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.