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Company Details
NEXT INSURANCE US COMPANY License Status :
Active
NAIC Number :
16285
Phone Number:
3023101683
Company Address:
975 California Ave
Palo Alto, CA 94304
Description:
Property and Casualty
License Number:
B431835
Date Admitted:
2018-11-09
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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Property & Casualty | 0.01% | $2,656,436 | $1,572,018 | $667,650 | $1,450,136 | 92.25 % |
| 2021 | Total Fire & Allied Lines | 0.01% | $183,520 | $82,722 | $175,000 | $226,670 | N/A |
| 2021 | Commercial Fire & Allied Lines | 0.03% | $183,520 | $82,722 | $175,000 | $226,670 | N/A |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.11% | $2,399,897 | $1,483,705 | $492,650 | $1,221,713 | 82.34 % |
| 2021 | Total Commercial Automobile | 0.00% | $73,019 | $5,591 | $0 | $1,753 | 31.35 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.00% | $22,580 | $1,734 | $0 | $834 | 48.10 % |
| 2021 | Commercial Auto Liability Property Damage | 0.01% | $22,580 | $1,734 | $0 | $834 | 48.10 % |
| 2021 | Commercial Auto Medical Payments | 0.00% | $614 | $46 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.00% | $2,295 | $164 | $0 | $85 | 51.83 % |
| 2021 | Commercial Auto Comprehensive | 0.00% | $9,867 | $756 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Collision | 0.00% | $15,083 | $1,157 | $0 | $0 | 0.00 % |
| 2020 | Total Property & Casualty | 0.00% | $694,306 | $231,067 | $12,647 | $147,881 | 64.00 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.04% | $694,306 | $231,067 | $12,647 | $147,881 | 64.00 % |
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: 11/09/2018
Comments: Effective 11/9/2018 this company was admitted with B1 property, B2 liability, B3 fidelity and surety and B5 miscellaneous authority.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.