Company Details

Company Details

Company Name:
MERCHANTS BONDING COMPANY (MUTUAL)
License Status:
Active
NAIC Number:
14494
Company Address:
6700 WESTOWN PARKWAY
DES MOINES, IA 50266
Phone Number:
5152438171
Mailing Address:
P.O BOX 14498
DES MOINES, IA 50306-3498
Description:
Property and Casualty (Ch 379, RSMo)
License Number:
B423349
Date Admitted:
1986-06-25

Market 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% $1,761,239 $1,800,932 $0 $24,594 $-33,661 $0 -136.87%
2025 Other Liability - Bodily Injury & Property Damage 0.01% $103,296 $106,539 $0 $0 $1,758 $0 0%
2025 Fidelity 0.15% $37,550 $16,850 $0 $0 $1,714 $0 0%
2025 Surety 0.99% $1,620,393 $1,677,543 $0 $24,594 $-37,133 $0 -150.98%
2024 Total Property & Casualty 0.01% $1,971,791 $1,774,128 $0 $2,000 $55,591 $0 0%
2024 Other Liability - Bodily Injury & Property Damage 0.01% $112,651 $115,560 $0 $0 $-12,616 $0 0%
2024 Fidelity 0.05% $13,342 $13,810 $0 $0 $-613 $0 0%
2024 Surety 1.28% $1,845,798 $1,644,758 $0 $2,000 $68,820 $0 0%
2023 Total Property & Casualty 0% $309,807 $1,428,159 $0 $13,239 $138,464 $0 0%
2023 Other Liability - Bodily Injury & Property Damage 0.01% $124,493 $126,408 $0 $0 $6,958 $0 0%
2023 Fidelity 0.05% $13,397 $8,865 $0 $0 $510 $0 0%
2023 Surety 0.15% $171,917 $1,292,886 $0 $13,239 $130,996 $0 0%
2022 Total Property & Casualty 0.01% $1,176,416 $1,102,024 $0 $0 $6,451 $0 0%
2022 Other Liability - Bodily Injury & Property Damage 0.02% $131,879 $134,971 $0 $0 $-117 $0 0%
2022 Fidelity 0.05% $12,199 $15,932 $0 $0 $-296 $0 0%
2022 Surety 1% $1,032,338 $951,121 $0 $0 $6,864 $0 0%
2021 Total Property & Casualty 0.01% $1,185,877 $1,171,513 $0 $0 $16,840 $0 0%
2021 Other Liability - Bodily Injury & Property Damage 0.02% $138,057 $186,340 $0 $0 $667 $0 0%
2021 Fidelity 0.05% $13,626 $11,160 $0 $0 $626 $0 0%
2021 Surety 1.02% $1,034,194 $974,013 $0 $0 $15,547 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
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Company Changes

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Market Regulation Actions

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Financial Exams

This company does not have any financial exams.