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Company Details
WATFORD INSURANCE COMPANY License Status :
Active
NAIC Number :
25585
Phone Number:
9738896447
Company Address:
Harborside 3, 210 Hudson Street, Suite 300
Jersey City, NJ 07311-1107
Description:
Property and Casualty
License Number:
B421190
Date Admitted:
2002-07-26
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 | 0.00% | $654,287 | $1,041,497 | $122,483 | $197,313 | 18.95 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.00% | $0 | $0 | $0 | $-6,536 | N/A |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.00% | $8,109 | $9,182 | $0 | $-10,307 | -112.25 % |
| 2023 | Products Liability | 0.00% | $0 | $0 | $0 | $-298 | N/A |
| 2023 | Total Commercial Automobile | 0.06% | $646,178 | $1,032,315 | $122,483 | $214,454 | 20.77 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.15% | $767,492 | $1,153,457 | $122,483 | $244,523 | 21.20 % |
| 2023 | Commercial Auto Uninsured Motorists | 0.00% | $343 | $515 | $0 | $0 | 0.00 % |
| 2023 | Commercial Auto Comprehensive | -0.10% | $-121,657 | $-121,657 | $0 | $-30,069 | N/A |
| 2022 | Total Property & Casualty | 0.01% | $1,542,136 | $1,068,540 | $856,377 | $601,462 | 56.29 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.00% | $-3,848 | $19,987 | $0 | $1,215 | 6.08 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | -0.02% | $-151,563 | $-117,428 | $0 | $-75,825 | N/A |
| 2022 | Products Liability | 0.00% | $0 | $284 | $0 | $-13 | -4.58 % |
| 2022 | Total Commercial Automobile | 0.17% | $1,697,547 | $1,165,697 | $856,377 | $676,085 | 58.00 % |
| 2022 | Commercial Auto Liability Bodily Injury | 0.32% | $1,552,079 | $1,020,201 | $856,377 | $636,530 | 62.39 % |
| 2022 | Commercial Auto Medical Payments | 0.00% | $-35 | $-23 | $0 | $0 | N/A |
| 2022 | Commercial Auto Uninsured Motorists | 0.00% | $-48 | $-32 | $0 | $0 | N/A |
| 2022 | Commercial Auto Comprehensive | 0.12% | $145,551 | $145,551 | $0 | $39,555 | 27.18 % |
| 2021 | Total Property & Casualty | 0.01% | $814,896 | $1,249,046 | $150,849 | $1,116,568 | 89.39 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.02% | $75,094 | $66,068 | $0 | $2,458 | 3.72 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.02% | $158,346 | $197,122 | $0 | $72,794 | 36.93 % |
| 2021 | Products Liability | 0.01% | $3,732 | $4,062 | $0 | $315 | 7.75 % |
| 2021 | Total Commercial Automobile | 0.06% | $573,619 | $976,684 | $150,849 | $1,041,001 | N/A |
| 2021 | Commercial Auto Liability Bodily Injury | 0.13% | $608,770 | $1,005,312 | $150,849 | $1,055,297 | N/A |
| 2021 | Commercial Auto Medical Payments | 0.02% | $1,092 | $1,803 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.00% | $416 | $687 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Comprehensive | -0.04% | $-36,901 | $-31,324 | $0 | $-14,296 | N/A |
| 2021 | Commercial Auto Collision | 0.00% | $242 | $206 | $0 | $0 | 0.00 % |
| 2021 | Professional Liability (Excl Medical Malpractice) | 0.00% | $3,267 | $4,067 | $0 | $0 | 0.00 % |
| 2021 | Umbrella | 0.00% | $838 | $1,043 | $0 | $0 | 0.00 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
This company does not have any complaint information.
Link to Complaint Index PageCompany Changes
Effective Date: 10/06/2016
Comments: Effective 10/06/16 Professionals Direct Insurance Company changed its name to Watford Insurance Company and redomesticated to New Jersey.
Effective Date: 01/03/2024
Comments: Effective 01/03/2024 the above company redomesticated from New Jersey to Missouri, transitioning from a Foreign to a Domestic domicile type. Company also updated their Business and Statutory Home Office Addresses.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.