Company Details
Company Name:
CLEAR SPRING PROPERTY AND CASUALTY COMPANYLicense Status:
ActiveNAIC Number:
15563Company Address:
10555 Group 1001 Way Zionsville, IN 46077
Phone Number:
8667026998Mailing Address:
10555 Group 1001 Way Zionsville, IN 46077
Mailing Phone:
3128373700Description:
Property and Casualty (Ch 379, RSMo)License Number:
B418188Date Admitted:
1986-12-01Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | In Force | Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Total Property & Casualty | 0.02% | $3,718,015 | $2,115,745 | $0 | $1,430,837 | $-1,090,912 | $0 | -76.24% |
| 2025 | Commercial Multi-Peril | 0.01% | $96,507 | $33,403 | $0 | $0 | $22,022 | $0 | 0% |
| 2025 | Inland Marine (Incl Auto Cargo) | 0.03% | $141,001 | $40,800 | $0 | $0 | $21,844 | $0 | 0% |
| 2025 | Direct Workers Compensation | 0.09% | $931,436 | $988,606 | $0 | $1,105,793 | $-1,980,125 | $0 | -179.07% |
| 2025 | Other Liability - Bodily Injury & Property Damage | 0.04% | $429,295 | $458,292 | $0 | $259,571 | $482,679 | $0 | 185.95% |
| 2025 | Total Commercial Auto | 0.25% | $2,119,776 | $592,773 | $0 | $-11,507 | $332,671 | $0 | 0% |
| 2025 | Commercial Auto Liability - Bodily Injury | 0% | $0 | $0 | $0 | $0 | $100,000 | $0 | 0% |
| 2025 | Commercial Auto Liability - Property Damage | 1.17% | $2,113,709 | $590,898 | $0 | $2,963 | $233,337 | $0 | 0% |
| 2025 | Commercial Auto Liability - Medical Payments | 0.13% | $2,935 | $788 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Commercial Auto Liability - Uninsured Motorists | 0.01% | $3,132 | $1,087 | $0 | $-14,470 | $-666 | $0 | 4.6% |
| 2025 | Commercial Auto - Comprehensive | 0% | $0 | $1,004 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Commercial Auto - Collision | 0% | $0 | $867 | $0 | $76,980 | $29,997 | $0 | 38.97% |
| 2024 | Total Property & Casualty | 0.01% | $2,275,315 | $2,430,244 | $0 | $1,171,829 | $1,167,682 | $0 | 99.65% |
| 2024 | Commercial Multi-Peril | 0% | $17,318 | $16,926 | $0 | $0 | $14,019 | $0 | 0% |
| 2024 | Direct Workers Compensation | 0.16% | $1,776,839 | $1,906,739 | $0 | $1,070,961 | $1,052,663 | $0 | 98.29% |
| 2024 | Other Liability - Bodily Injury & Property Damage | 0.05% | $461,237 | $465,597 | $0 | $73,810 | $55,516 | $0 | 75.21% |
| 2024 | Total Commercial Auto | 0% | $618 | $777 | $0 | $19,699 | $2,137 | $0 | 10.85% |
| 2024 | Commercial Auto Liability - Uninsured Motorists | 0% | $618 | $777 | $0 | $19,699 | $2,137 | $0 | 10.85% |
| 2024 | Commercial Auto - Comprehensive | 0.01% | $15,616 | $35,248 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Commercial Auto - Collision | 0% | $3,687 | $4,957 | $0 | $7,359 | $43,347 | $0 | 0% |
| 2023 | Total Property & Casualty | 0.02% | $2,817,168 | $2,841,943 | $0 | $853,423 | $1,584,355 | $0 | 185.65% |
| 2023 | Commercial Multi-Peril | 0% | $4,909 | $1,349 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Direct Workers Compensation | 0.21% | $2,290,635 | $2,347,094 | $0 | $819,765 | $1,461,011 | $0 | 178.22% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.05% | $484,213 | $479,164 | $0 | $33,658 | $123,344 | $0 | 366.46% |
| 2023 | Total Commercial Automobile | 0% | $37,411 | $14,336 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Commercial Auto Uninsured Motorists | 0% | $538 | $237 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Commercial Auto Comprehensive | 0.03% | $34,091 | $13,394 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Commercial Auto Collision | 0% | $2,782 | $705 | $0 | $0 | $0 | $0 | 0% |
| 2022 | Total Property & Casualty | 0.02% | $2,973,233 | $3,327,792 | $0 | $2,181,850 | $916,887 | $0 | 42.02% |
| 2022 | Commercial Multi-Peril | -0.09% | $-871,989 | $-671,715 | $0 | $-121,722 | $-382,000 | $0 | 313.83% |
| 2022 | Direct Workers Compensation | 0.25% | $2,559,574 | $2,893,075 | $0 | $2,096,793 | $748,878 | $0 | 35.72% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.15% | $1,285,648 | $1,106,432 | $0 | $206,779 | $550,009 | $0 | 265.99% |
| 2021 | Total Property & Casualty | 0.02% | $2,347,495 | $1,997,495 | $0 | $1,193,967 | $5,711,690 | $0 | 478.38% |
| 2021 | Commercial Multi-Peril | 0.05% | $428,689 | $405,379 | $0 | $96,041 | $230,569 | $0 | 240.07% |
| 2021 | Direct Workers Compensation | 0.2% | $1,918,806 | $1,592,116 | $0 | $1,097,926 | $5,481,121 | $0 | 499.22% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2025 | Private Passenger Auto | 0% | 1 | 0 |
Company Changes
Date:
2004-03-01Comments:
Kemper Employers Insurance Co. changed its name toSea Bright Insurance Co.Date:
2013-12-31Comments:
Effective 12/31/13 Pavonia Insurance Company of Delaware merged with and into SeaBright Insurance Company.Date:
2017-06-13Comments:
Effective 6/13/2017 this company redomesticated from IL to TX. Date:
2018-06-22Comments:
Effective 6/22/2018 SeaBright Insurance Company changed its name to Clear Spring Property and Casualty Company. Date:
2023-12-19Comments:
Effective 12/19/2023 the above company redomesticated from Texas to Indiana and was issued a new Certificate of Authority on 06/18/2024. Company also updated its Statutory Home Office Address.Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.