Company Details

  STARNET INSURANCE COMPANY License Status :
Active

NAIC Number :

40045


Phone Number:

515-473-3000


Company Address:

PO BOX 9190 
DES MOINES, IA  50306-9190

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
2020 Total Property & Casualty 0.01% $3,871,200 $4,351,706 $3,828,299 $1,895,698 43.56 %
2020 Total Fire & Allied Lines 0.00% $48,393 $159,253 $0 $38,142 23.95 %
2020 Commercial Fire & Allied Lines 0.01% $48,393 $159,253 $0 $38,142 23.95 %
2020 Farmowners Multi-Peril 0.00% $7,439 $16,302 $0 $1,792 10.99 %
2020 Commercial Multi-Peril 0.04% $846,893 $882,802 $26,905 $213,537 24.19 %
2020 Ocean Marine 0.01% $11,319 $9,580 $0 $886 9.25 %
2020 Inland Marine (Incl Auto Cargo) 0.04% $441,696 $388,741 $35,132 $43,472 11.18 %
2020 Direct Workers Compensation 0.08% $2,023,959 $2,085,972 $2,726,082 $1,680,685 80.57 %
2020 Other Liability - Bodily Injury & Property Damage 0.01% $193,496 $410,439 $33,663 $74,872 18.24 %
2020 Total Commercial Automobile 0.01% $276,253 $301,883 $19,384 $31,713 10.51 %
2020 Commercial Auto Liability Bodily Injury 0.01% $51,887 $49,308 $0 $25,458 51.63 %
2020 Commercial Auto Liability Property Damage 0.05% $139,897 $171,291 $6,750 $1,750 1.02 %
2020 Commercial Auto Medical Payments 0.01% $1,255 $1,066 $0 $0 0.00 %
2020 Commercial Auto Uninsured Motorists 0.00% $92 $625 $0 $0 0.00 %
2020 Commercial Auto Comprehensive 0.00% $10,087 $9,632 $2,836 $0 0.00 %
2020 Commercial Auto Collision 0.02% $73,035 $69,961 $9,798 $4,505 6.44 %
2020 Aircraft 0.00% $0 $0 $987,133 $-194,708 N/A
2020 Fidelity 0.00% $0 $75,862 $0 $4,920 6.49 %
2020 Boiler & Machinery 0.03% $21,752 $20,872 $0 $387 1.85 %
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

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
2020 Homeowners 0.00% 0 0
2019 Homeowners 0.00% 0 0
2018 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.