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.

Link to Enforcements Page


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.