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Company Details
PROFESSIONAL SOLUTIONS INSURANCE COMPANY License Status :
Active
NAIC Number :
11127
Phone Number:
5153134500
Company Address:
P.O. BOX 9118
DES MOINES, IA 50306-9118
Description:
Property and Casualty
License Number:
B422051
Date Admitted:
2003-03-12
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 | 0.01% | $1,558,921 | $1,884,680 | $360,398 | $-64,464 | -3.42 % |
| 2023 | Total Medical Malpractice | 0.37% | $561,505 | $974,656 | $296,250 | $-548,446 | -56.27 % |
| 2023 | Medical Malpractice - Physicians & Surgeons | 0.53% | $424,526 | $827,839 | $296,250 | $-494,580 | -59.74 % |
| 2023 | Medical Malpractice - Dentists | 2.04% | $136,979 | $146,817 | $0 | $-53,866 | -36.69 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.10% | $990,336 | $902,796 | $64,148 | $482,875 | 53.49 % |
| 2023 | Other Specific | 0.10% | $7,080 | $7,228 | $0 | $1,107 | 15.32 % |
| 2022 | Total Property & Casualty | 0.02% | $2,296,337 | $2,293,470 | $131,870 | $69,801 | 3.04 % |
| 2022 | Total Medical Malpractice | 0.96% | $1,318,727 | $1,264,508 | $125,000 | $100,074 | 7.91 % |
| 2022 | Medical Malpractice - Physicians & Surgeons | 1.59% | $1,167,878 | $1,117,810 | $0 | $169,520 | 15.17 % |
| 2022 | Medical Malpractice - Dentists | 3.81% | $150,849 | $146,698 | $125,000 | $-69,446 | -47.34 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.11% | $976,560 | $1,028,462 | $6,870 | $-30,370 | -2.95 % |
| 2022 | Other Specific | 0.01% | $1,050 | $500 | $0 | $97 | 19.40 % |
| 2021 | Total Property & Casualty | 0.02% | $2,037,881 | $1,753,537 | $2,617,017 | $2,155,273 | N/A |
| 2021 | Total Medical Malpractice | 0.93% | $1,222,118 | $1,129,472 | $2,577,500 | $1,793,844 | N/A |
| 2021 | Medical Malpractice - Physicians & Surgeons | 1.44% | $1,075,579 | $975,341 | $2,277,500 | $1,507,889 | N/A |
| 2021 | Medical Malpractice - Dentists | 3.84% | $146,539 | $154,131 | $300,000 | $285,955 | N/A |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.10% | $815,613 | $623,962 | $39,517 | $361,405 | 57.92 % |
| 2021 | Other Specific | 0.00% | $150 | $103 | $0 | $24 | 23.30 % |
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: 11/05/2019
Comments: Effective 11/5/2019 this company added B5 miscellaneous authority
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.