Company Details
Company Name:
BITCO NATIONAL INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
20109Company Address:
307 N MICHIGAN AVE CHICAGO, IL 60601
Phone Number:
3097320409Mailing Address:
3700 MARKET SQUARE CIRCLE DAVENPORT, IA 52807
Description:
Property and Casualty (Ch 379, RSMo)License Number:
B419025Date Admitted:
1944-03-01Market 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 | 0.01% | $1,589,612 | $1,546,086 | $0 | $2,142,250 | $995,304 | $0 | 46.46% |
| 2025 | Commercial Multi-Peril | 0.07% | $901,414 | $854,110 | $0 | $390,923 | $1,864,822 | $0 | 477.03% |
| 2025 | Inland Marine (Incl Auto Cargo) | 0.03% | $137,172 | $139,353 | $0 | $26,614 | $28,508 | $0 | 107.12% |
| 2025 | Direct Workers Compensation | 0.05% | $549,605 | $523,602 | $0 | $717,702 | $-379,017 | $0 | -52.81% |
| 2025 | Total Commercial Auto | 0% | $899 | $19,673 | $0 | $1,007,011 | $-519,009 | $0 | -51.54% |
| 2025 | Commercial Auto Liability - Bodily Injury | 0% | $877 | $19,191 | $0 | $1,000,033 | $-525,987 | $0 | -52.6% |
| 2025 | Commercial Auto Liability - Property Damage | 0% | $0 | $0 | $0 | $6,978 | $6,978 | $0 | 100% |
| 2025 | Commercial Auto Liability - Medical Payments | 0% | $4 | $88 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Commercial Auto Liability - Uninsured Motorists | 0% | $18 | $394 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Commercial Auto - Comprehensive | 0% | $229 | $4,101 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Commercial Auto - Collision | 0% | $293 | $5,247 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Total Property & Casualty | 0.01% | $1,637,050 | $1,659,062 | $0 | $1,411,663 | $-516,302 | $0 | -36.57% |
| 2024 | Commercial Multi-Peril | 0.06% | $709,497 | $709,284 | $0 | $508,218 | $-1,118,429 | $0 | -220.07% |
| 2024 | Inland Marine (Incl Auto Cargo) | 0.03% | $140,669 | $119,270 | $0 | $44,780 | $46,448 | $0 | 103.72% |
| 2024 | Direct Workers Compensation | 0.06% | $660,299 | $706,780 | $0 | $817,533 | $-897,383 | $0 | -109.77% |
| 2024 | Total Commercial Auto | 0.01% | $86,588 | $84,925 | $0 | $374 | $1,422,979 | $0 | 0% |
| 2024 | Commercial Auto Liability - Bodily Injury | 0.01% | $83,298 | $81,698 | $0 | $0 | $1,368,911 | $0 | 0% |
| 2024 | Commercial Auto Liability - Property Damage | 0% | $0 | $0 | $0 | $374 | $0 | $0 | 0% |
| 2024 | Commercial Auto Liability - Medical Payments | 0.01% | $545 | $535 | $0 | $0 | $8,956 | $0 | 0% |
| 2024 | Commercial Auto Liability - Uninsured Motorists | 0.01% | $2,745 | $2,692 | $0 | $0 | $45,112 | $0 | 0% |
| 2024 | Commercial Auto - Comprehensive | 0.01% | $20,011 | $19,521 | $0 | $26,913 | $26,913 | $0 | 100% |
| 2024 | Commercial Auto - Collision | 0.01% | $19,986 | $19,282 | $0 | $13,845 | $3,170 | $0 | 22.9% |
| 2023 | Total Property & Casualty | 0.02% | $2,510,367 | $2,538,516 | $0 | $1,690,029 | $-678,237 | $0 | -40.13% |
| 2023 | Commercial Multi-Peril | 0.12% | $1,275,993 | $1,238,923 | $0 | $927,206 | $-575,057 | $0 | -62.02% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.03% | $168,297 | $192,093 | $0 | $150,914 | $38,597 | $0 | 25.58% |
| 2023 | Direct Workers Compensation | 0.09% | $953,743 | $994,070 | $0 | $558,300 | $-180,136 | $0 | -32.27% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0% | $0 | $233 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Total Commercial Automobile | 0.01% | $112,334 | $113,197 | $0 | $53,609 | $38,359 | $0 | 71.55% |
| 2023 | Commercial Auto Liability Bodily Injury | 0.01% | $74,687 | $76,291 | $0 | $23,000 | $51,827 | $0 | 225.33% |
| 2023 | Commercial Auto Liability Property Damage | 0% | $0 | $0 | $0 | $20,968 | $20,968 | $0 | 100% |
| 2023 | Commercial Auto Medical Payments | 0.01% | $544 | $556 | $0 | $0 | $-3 | $0 | 0% |
| 2023 | Commercial Auto Uninsured Motorists | 0.01% | $2,639 | $2,696 | $0 | $0 | $1,155 | $0 | 0% |
| 2023 | Commercial Auto Comprehensive | 0.01% | $17,683 | $17,267 | $0 | $1,486 | $-20,998 | $0 | 0% |
| 2023 | Commercial Auto Collision | 0.01% | $16,781 | $16,387 | $0 | $8,155 | $-14,590 | $0 | -178.91% |
| 2022 | Total Property & Casualty | 0.02% | $2,241,247 | $2,401,078 | $0 | $2,876,579 | $1,785,709 | $0 | 62.08% |
| 2022 | Commercial Multi-Peril | 0.09% | $873,953 | $936,719 | $0 | $478,275 | $936,839 | $0 | 195.88% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.04% | $217,265 | $220,871 | $0 | $233,793 | $324,054 | $0 | 138.61% |
| 2022 | Direct Workers Compensation | 0.1% | $1,036,454 | $1,024,255 | $0 | $1,080,866 | $-662,986 | $0 | -61.34% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0% | $800 | $733 | $0 | $0 | $0 | $0 | 0% |
| 2022 | Total Commercial Automobile | 0.01% | $112,775 | $218,500 | $0 | $1,083,645 | $1,187,802 | $0 | 109.61% |
| 2022 | Commercial Auto Liability Bodily Injury | 0.02% | $78,553 | $163,835 | $0 | $9,076 | $668,968 | $0 | 0% |
| 2022 | Commercial Auto Liability Property Damage | 0% | $0 | $0 | $0 | $17,946 | $0 | $0 | 0% |
| 2022 | Commercial Auto Medical Payments | 0.01% | $691 | $1,441 | $0 | $0 | $5,885 | $0 | 0% |
| 2022 | Commercial Auto Uninsured Motorists | 0.01% | $2,700 | $5,631 | $0 | $605,000 | $22,994 | $0 | 3.8% |
| 2022 | Commercial Auto Comprehensive | 0.01% | $15,421 | $23,805 | $0 | $435,921 | $245,065 | $0 | 56.22% |
| 2022 | Commercial Auto Collision | 0.01% | $15,410 | $23,788 | $0 | $15,702 | $244,890 | $0 | 0% |
| 2021 | Total Property & Casualty | 0.02% | $2,516,259 | $2,613,752 | $0 | $2,221,752 | $2,918,804 | $0 | 131.37% |
| 2021 | Commercial Multi-Peril | 0.1% | $927,421 | $960,724 | $0 | $1,040,050 | $1,263,334 | $0 | 121.47% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.05% | $239,450 | $232,542 | $0 | $48,974 | $48,184 | $0 | 98.39% |
| 2021 | Direct Workers Compensation | 0.12% | $1,129,853 | $1,219,787 | $0 | $1,061,666 | $1,580,460 | $0 | 148.87% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0% | $200 | $33 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Total Commercial Automobile | 0.02% | $219,335 | $200,666 | $0 | $71,062 | $26,826 | $0 | 37.75% |
| 2021 | Commercial Auto Liability Bodily Injury | 0.04% | $164,221 | $147,649 | $0 | $38,753 | $11,696 | $0 | 30.18% |
| 2021 | Commercial Auto Medical Payments | 0.01% | $688 | $619 | $0 | $0 | $-228 | $0 | 0% |
| 2021 | Commercial Auto Uninsured Motorists | 0.03% | $7,506 | $6,749 | $0 | $0 | $-1,823 | $0 | 0% |
| 2021 | Commercial Auto Comprehensive | 0.02% | $20,214 | $19,666 | $0 | $32,309 | $28,246 | $0 | 87.42% |
| 2021 | Commercial Auto Collision | 0.02% | $26,706 | $25,983 | $0 | $0 | $-11,065 | $0 | 0% |
Complaint Index
Company Changes
Date:
2022-04-18Comments:
Effective 04/18/2022 the above company redomesticated from Illinois to Iowa.
Market Regulation Actions
Date:
2017-02-06Financial Exams
This company does not have any financial exams.