Company search
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 |
---|---|---|---|---|---|---|---|
2020 | Total Property & Casualty | 0.01% | $1,557,597 | $1,496,351 | $366,173 | $90,385 | 6.04 % |
2020 | Total Fire & Allied Lines | 0.11% | $1,423,209 | $1,362,296 | $366,173 | $97,048 | 7.12 % |
2020 | Commercial Fire & Allied Lines | 0.29% | $1,423,209 | $1,362,296 | $366,173 | $97,048 | 7.12 % |
2020 | Inland Marine (Incl Auto Cargo) | 0.00% | $1,708 | $1,932 | $0 | $-245 | -12.68 % |
2020 | Earthquake | 0.02% | $63,653 | $63,732 | $0 | $-6,418 | -10.07 % |
2020 | Boiler & Machinery | 0.09% | $69,027 | $68,391 | $0 | $0 | 0.00 % |
2019 | Total Property & Casualty | 0.00% | $1,395,994 | $1,311,902 | $1,491,799 | $-625,346 | -47.67 % |
2019 | Total Fire & Allied Lines | 0.10% | $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 | 0.12% | $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 | 0.02% | $63,609 | $70,026 | $0 | $6,418 | 9.17 % |
2019 | Boiler & Machinery | 0.12% | $70,473 | $64,784 | $0 | $-250,000 | -385.90 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
Year | Line | Market Share | Number of Complaints | Complaint Index |
---|---|---|---|---|
2021 | Homeowners | 0.01% | 0 | 0 |
2020 | Homeowners | 0.02% | 0 | 0 |
2019 | Homeowners | 0.02% | 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.