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Company Details
UTAH BUSINESS INSURANCE COMPANY INC License Status :
Active
NAIC Number :
12520
Phone Number:
8014328121
Company Address:
10421 S Jordan Gateway #400
South Jordan, UT 84095
Description:
Property and Casualty
License Number:
B430830
Date Admitted:
2012-11-08
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 | 0.02% | $3,323,801 | $3,323,801 | $1,617,520 | $-126,136 | -3.79 % |
| 2023 | Direct Workers Compensation | 0.31% | $3,323,801 | $3,323,801 | $1,617,520 | $-126,136 | -3.79 % |
| 2022 | Total Property & Casualty | 0.03% | $4,110,548 | $4,110,548 | $2,060,103 | $3,881,890 | 94.44 % |
| 2022 | Direct Workers Compensation | 0.40% | $4,110,548 | $4,110,548 | $2,060,103 | $3,881,890 | 94.44 % |
| 2021 | Total Property & Casualty | 0.04% | $5,189,767 | $5,189,767 | $1,936,884 | $1,955,419 | 37.68 % |
| 2021 | Direct Workers Compensation | 0.53% | $5,189,767 | $5,189,767 | $1,936,884 | $1,955,419 | 37.68 % |
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: 11/08/2012
Comments: Effective 11/08/2012 this company was admitted with B2 authority.
Market Conduct
Date: 03/09/2020
Financial Exams
This company does not have any financial exams.