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Company Details
MGT Insurance Company License Status :
Active
NAIC Number :
16203
Phone Number:
7155365577
Company Address:
3000 SCHUSTER LANE
MERRILL, WI 54452
Description:
Property and Casualty
License Number:
B431682
Date Admitted:
2018-01-19
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% | $1,485,725 | $989,207 | $437,321 | $633,928 | 64.08 % |
| 2023 | Commercial Multi-Peril | 0.13% | $1,464,986 | $985,838 | $437,321 | $632,807 | 64.19 % |
| 2023 | Total Commercial Automobile | 0.00% | $20,739 | $3,369 | $0 | $1,121 | 33.27 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.00% | $8,913 | $1,493 | $0 | $517 | 34.63 % |
| 2023 | Commercial Auto Liability Property Damage | 0.00% | $4,800 | $804 | $0 | $278 | 34.58 % |
| 2023 | Commercial Auto Comprehensive | 0.00% | $3,256 | $497 | $0 | $151 | 30.38 % |
| 2023 | Commercial Auto Collision | 0.00% | $3,770 | $575 | $0 | $175 | 30.43 % |
| 2022 | Total Property & Casualty | 0.00% | $567,439 | $375,217 | $124,146 | $180,286 | 48.05 % |
| 2022 | Commercial Multi-Peril | 0.06% | $567,439 | $375,217 | $124,146 | $180,286 | 48.05 % |
| 2021 | Total Property & Casualty | 0.00% | $215,624 | $90,732 | $19,513 | $40,765 | 44.93 % |
| 2021 | Commercial Multi-Peril | 0.02% | $215,624 | $90,732 | $19,513 | $40,765 | 44.93 % |
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: 01/19/2018
Comments: Effective 1/19/2018 this company was admitted as a property and casualty insurer with B1, B2, B3 and B5 authority.
Effective Date: 05/01/2024
Comments: Effective 05/01/2024 the above company changed its name from CM Select Insurance Company, and was issued a new Certificate of Authority on 05/10/2024.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.