Company Details

  VERLAN FIRE INSURANCE COMPANY License Status :
Active

NAIC Number :

10815


Phone Number:

508-855-4924


Company Address:

440 LINCOLN STREET 
WORCESTER, MA  01653-0002

Description:

Property and Casualty


License Number:

B423774


Date Admitted:

2003-07-30


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
2019 Total Property & Casualty 0.01% $1,395,994 $1,311,902 $1,491,799 $-625,346 -47.67 %
2019 Total Fire & Allied Lines 0.11% $1,259,710 $1,175,277 $1,491,799 $-382,009 -32.50 %
2019 Dwelling Fire & Allied Lines 0.22% $772,158 $736,899 $1,207,718 $-473,442 -64.25 %
2019 Commercial Fire & Allied Lines 0.13% $487,552 $438,378 $284,081 $91,433 20.86 %
2019 Inland Marine (Incl Auto Cargo) 0.00% $2,202 $1,815 $0 $245 13.50 %
2019 Earthquake 0.03% $63,609 $70,026 $0 $6,418 9.17 %
2019 Boiler & Machinery 0.12% $70,473 $64,784 $0 $-250,000 -385.90 %
2018 Total Property & Casualty 0.01% $1,222,802 $1,189,617 $9,428,137 $263,858 22.18 %
2018 Total Fire & Allied Lines 0.10% $1,080,722 $1,048,005 $9,428,137 $13,858 1.32 %
2018 Dwelling Fire & Allied Lines 0.21% $691,764 $668,832 $9,421,375 $8,627,996 N/A
2018 Commercial Fire & Allied Lines 0.12% $388,958 $379,173 $6,762 $-8,614,138 -2,271.82 %
2018 Inland Marine (Incl Auto Cargo) 0.00% $1,388 $1,554 $0 $0 0.00 %
2018 Earthquake 0.04% $82,615 $84,809 $0 $0 0.00 %
2018 Boiler & Machinery 0.11% $58,077 $55,249 $0 $250,000 N/A
2017 Total Property & Casualty 0.00% $1,147,193 $1,159,040 $1,783,130 $13,111,723 N/A
2017 Total Fire & Allied Lines 0.09% $1,006,019 $1,009,407 $1,783,130 $13,111,723 N/A
2017 Commercial Fire & Allied Lines 0.38% $1,006,019 $1,009,407 $1,783,130 $13,111,723 N/A
2017 Inland Marine (Incl Auto Cargo) 0.00% $1,725 $2,350 $0 $0 0.00 %
2017 Earthquake 0.04% $88,463 $93,568 $0 $0 0.00 %
2017 Boiler & Machinery 0.09% $50,986 $53,715 $0 $0 0.00 %

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
2019 Homeowners 0.02% 0 0
2018 Homeowners 0.01% 0 0


Company Changes


Market Conduct

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


Financial Exams

This company does not have any financial exams.