Company Details
Company Name:
SPINNAKER INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
24376Company Address:
1 PLUCKEMIN WAY, SUITE 102 BEDMINSTER, NJ 07921
Phone Number:
8882217742Mailing Address:
PO Box 240 Portsmouth, NJ 03802
Mailing Phone:
8475176000Description:
Property and Casualty (Ch 379, RSMo)License Number:
B423404Date Admitted:
1993-06-04Market 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 | 0.08% | $14,356,318 | $13,271,289 | $0 | $9,119,851 | $9,164,939 | $0 | 100.49% |
| 2025 | Farmowners Multi-Peril | 0.02% | $51,781 | $7,053 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Total Homeowners | 0.23% | $8,563,856 | $8,465,860 | $0 | $5,938,039 | $1,515,698 | $0 | 25.53% |
| 2025 | Homeowners Multi-Peril | 0.24% | $8,563,856 | $8,465,860 | $0 | $5,938,039 | $1,515,698 | $0 | 25.53% |
| 2025 | Commercial Multi-Peril | 0.15% | $1,871,988 | $1,493,694 | $0 | $1,772,943 | $5,349,577 | $0 | 301.73% |
| 2025 | Inland Marine (Incl Auto Cargo) | 0.07% | $269,082 | $217,799 | $0 | $105,597 | $73,962 | $0 | 70.04% |
| 2025 | Other Liability - Bodily Injury & Property Damage | 0.17% | $1,813,760 | $1,709,092 | $0 | $669,486 | $1,318,744 | $0 | 196.98% |
| 2025 | Total Private Passenger Auto | 0% | $11,304 | $10,724 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Private Passenger Auto Liability - Property Damage | 0% | $11,304 | $10,724 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Total Commercial Auto | 0.09% | $772,738 | $738,477 | $0 | $233,430 | $544,243 | $0 | 233.15% |
| 2025 | Commercial Auto Liability - Property Damage | 0.43% | $772,738 | $738,477 | $0 | $233,430 | $544,243 | $0 | 233.15% |
| 2025 | Private Passenger Auto - Comprehensive | 0.01% | $196,756 | $183,809 | $0 | $30,513 | $30,513 | $0 | 100% |
| 2025 | Commercial Auto - Comprehensive | 0.14% | $197,045 | $164,380 | $0 | $278,370 | $240,729 | $0 | 86.48% |
| 2025 | Other Specific | 8.51% | $608,008 | $280,401 | $0 | $91,473 | $91,473 | $0 | 100% |
| 2024 | Total Property & Casualty | 0.07% | $11,748,315 | $13,193,351 | $0 | $10,304,348 | $10,920,602 | $0 | 105.98% |
| 2024 | Total Homeowners | 0.24% | $8,324,440 | $9,432,780 | $0 | $8,022,158 | $9,453,380 | $0 | 117.84% |
| 2024 | Homeowners Multi-Peril | 0.26% | $8,324,440 | $9,432,780 | $0 | $8,022,158 | $9,453,380 | $0 | 117.84% |
| 2024 | Commercial Multi-Peril | 0.09% | $1,019,383 | $695,772 | $0 | $157,102 | $253,524 | $0 | 161.38% |
| 2024 | Travel Coverage | 0.08% | $143,715 | $147,601 | $0 | $127,333 | $182,598 | $0 | 143.4% |
| 2024 | Other Liability - Bodily Injury & Property Damage | 0.16% | $1,545,524 | $1,582,362 | $0 | $147,171 | $-718,216 | $0 | -488.01% |
| 2024 | Total Private Passenger Auto | 0% | $8,735 | $6,992 | $0 | $897 | $897 | $0 | 100% |
| 2024 | Private Passenger Auto Liability - Property Damage | 0% | $8,735 | $6,992 | $0 | $897 | $897 | $0 | 100% |
| 2024 | Total Commercial Auto | 0.05% | $381,084 | $773,261 | $0 | $1,408,971 | $1,461,362 | $0 | 103.72% |
| 2024 | Commercial Auto Liability - Property Damage | 0.23% | $381,084 | $773,261 | $0 | $1,408,971 | $1,461,362 | $0 | 103.72% |
| 2024 | Private Passenger Auto - Comprehensive | 0.01% | $173,395 | $155,452 | $0 | $63,080 | $38,261 | $0 | 60.65% |
| 2024 | Commercial Auto - Collision | 0.07% | $130,885 | $386,496 | $0 | $377,636 | $249,286 | $0 | 66.01% |
| 2024 | Other Specific | 0.34% | $21,154 | $12,635 | $0 | $0 | $-490 | $0 | 0% |
| 2023 | Total Property & Casualty | 0.1% | $15,309,898 | $15,466,321 | $0 | $13,916,714 | $10,922,683 | $0 | 78.49% |
| 2023 | Total Homeowners | 0.37% | $10,934,538 | $12,000,607 | $0 | $12,910,057 | $8,590,511 | $0 | 66.54% |
| 2023 | Homeowners Multi-Peril | 0.38% | $10,934,538 | $12,000,607 | $0 | $12,910,057 | $8,590,511 | $0 | 66.54% |
| 2023 | Commercial Multi-Peril | 0.04% | $407,062 | $140,994 | $0 | $41,027 | $89,326 | $0 | 217.72% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.03% | $151,191 | $122,003 | $0 | $20,168 | $53,108 | $0 | 263.33% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.17% | $1,625,802 | $1,279,516 | $0 | $468,425 | $1,494,243 | $0 | 318.99% |
| 2023 | Total Private Passenger Automobile | 0% | $154,827 | $115,110 | $0 | $91,538 | $109,045 | $0 | 119.13% |
| 2023 | Private Passenger Auto Liability Property Damage | 0% | $8,268 | $6,596 | $0 | $4,954 | $4,784 | $0 | 96.57% |
| 2023 | Private Passenger Auto Comprehensive | 0.01% | $146,559 | $108,514 | $0 | $86,584 | $104,261 | $0 | 120.42% |
| 2023 | Total Commercial Automobile | 0.2% | $2,033,390 | $1,807,077 | $0 | $385,485 | $585,945 | $0 | 152% |
| 2023 | Commercial Auto Liability Property Damage | 1.02% | $1,465,900 | $1,309,551 | $0 | $137,791 | $282,705 | $0 | 205.17% |
| 2023 | Commercial Auto Collision | 0.28% | $567,490 | $497,526 | $0 | $247,694 | $303,240 | $0 | 122.43% |
| 2023 | Other Specific | 0.04% | $3,088 | $1,014 | $0 | $14 | $505 | $0 | 0% |
| 2022 | Total Property & Casualty | 0.1% | $14,868,255 | $13,992,726 | $0 | $8,492,450 | $12,764,871 | $0 | 150.31% |
| 2022 | Total Homeowners | 0.48% | $12,858,295 | $13,158,340 | $0 | $8,384,678 | $12,511,640 | $0 | 149.22% |
| 2022 | Homeowners Multi-Peril | 0.49% | $12,858,295 | $13,158,340 | $0 | $8,384,678 | $12,511,640 | $0 | 149.22% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.01% | $75,815 | $37,358 | $0 | $0 | $0 | $0 | 0% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.08% | $690,623 | $312,041 | $0 | $21,731 | $29,159 | $0 | 134.18% |
| 2022 | Total Private Passenger Automobile | 0% | $50,837 | $14,681 | $0 | $0 | $7,312 | $0 | 0% |
| 2022 | Private Passenger Auto Liability Property Damage | 0% | $2,779 | $802 | $0 | $0 | $170 | $0 | 0% |
| 2022 | Private Passenger Auto Comprehensive | 0.01% | $48,058 | $13,879 | $0 | $0 | $7,142 | $0 | 0% |
| 2022 | Total Commercial Automobile | 0.12% | $1,192,685 | $470,306 | $0 | $86,041 | $216,760 | $0 | 251.93% |
| 2022 | Commercial Auto Liability Property Damage | 0.53% | $803,348 | $318,858 | $0 | $17,281 | $37,554 | $0 | 217.31% |
| 2022 | Commercial Auto Comprehensive | 0.31% | $389,337 | $151,448 | $0 | $68,760 | $179,206 | $0 | 260.63% |
| 2021 | Total Property & Casualty | 0.1% | $12,988,877 | $10,445,508 | $0 | $5,900,315 | $9,236,209 | $0 | 156.54% |
| 2021 | Total Homeowners | 0.52% | $12,831,398 | $10,329,443 | $0 | $5,897,501 | $9,221,408 | $0 | 156.36% |
| 2021 | Homeowners Multi-Peril | 0.54% | $12,831,398 | $10,329,443 | $0 | $5,897,501 | $9,221,408 | $0 | 156.36% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0% | $5,320 | $2,823 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.02% | $152,159 | $113,242 | $0 | $2,814 | $14,801 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2025 | Private Passenger Auto | 0% | 0 | 0 |
| 2025 | Homeowners | 0.25% | 10 | 157 |
| 2024 | Private Passenger Auto | 0% | 0 | 0 |
| 2024 | Homeowners | 0.32% | 11 | 253 |
| 2023 | Private Passenger Auto | 0% | 0 | 0 |
| 2023 | Homeowners | 0.39% | 11 | 228 |
| 2022 | Private Passenger Auto | 0% | 0 | 0 |
| 2022 | Homeowners | 0.4% | 6 | 158 |
| 2021 | Homeowners | 0.32% | 2 | 71 |
Company Changes
Date:
1998-12-01Comments:
USLIFE Credit Life Insurance Co. changed its name to American General Indemnity Co.Date:
2013-12-09Comments:
American General Indemnity Company changed its name to the above effective 12/09/13.Date:
2015-11-06Comments:
Effective 11/06/15 Woodridge Insurance Company changed its name to Spinnaker Insuranace Company.Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.