BITCO NATIONAL INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
20109
Phone Number:
5632320302
Company Address:

3700 MARKET SQUARE CIRCLE
DAVENPORT, IA 52807

Description:
Property and Casualty
License Number:
B419025
Date Admitted:

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
2023 Total Property & Casualty 0.02% $2,510,367 $2,538,516 $1,690,029 $-678,237 -26.72%
2023 Commercial Multi-Peril 0.12% $1,275,993 $1,238,923 $927,206 $-575,057 -46.42%
2023 Inland Marine (Incl Auto Cargo) 0.03% $168,297 $192,093 $150,914 $38,597 20.09%
2023 Direct Workers Compensation 0.09% $953,743 $994,070 $558,300 $-180,136 -18.12%
2023 Other Liability - Bodily Injury & Property Damage 0% $0 $233 $0 $0 0%
2023 Total Commercial Automobile 0.01% $112,334 $113,197 $53,609 $38,359 33.89%
2023 Commercial Auto Liability Bodily Injury 0.01% $74,687 $76,291 $23,000 $51,827 67.93%
2023 Commercial Auto Liability Property Damage 0% $0 $0 $20,968 $20,968 0%
2023 Commercial Auto Medical Payments 0.01% $544 $556 $0 $-3 -0.54%
2023 Commercial Auto Uninsured Motorists 0.01% $2,639 $2,696 $0 $1,155 42.84%
2023 Commercial Auto Comprehensive 0.01% $17,683 $17,267 $1,486 $-20,998 -121.61%
2023 Commercial Auto Collision 0.01% $16,781 $16,387 $8,155 $-14,590 -89.03%
2022 Total Property & Casualty 0.02% $2,241,247 $2,401,078 $2,876,579 $1,785,709 74.37%
2022 Commercial Multi-Peril 0.09% $873,953 $936,719 $478,275 $936,839 100.01%
2022 Inland Marine (Incl Auto Cargo) 0.04% $217,265 $220,871 $233,793 $324,054 146.72%
2022 Direct Workers Compensation 0.1% $1,036,454 $1,024,255 $1,080,866 $-662,986 -64.73%
2022 Other Liability - Bodily Injury & Property Damage 0% $800 $733 $0 $0 0%
2022 Total Commercial Automobile 0.01% $112,775 $218,500 $1,083,645 $1,187,802 543.62%
2022 Commercial Auto Liability Bodily Injury 0.02% $78,553 $163,835 $9,076 $668,968 408.32%
2022 Commercial Auto Liability Property Damage 0% $0 $0 $17,946 $0 0%
2022 Commercial Auto Medical Payments 0.01% $691 $1,441 $0 $5,885 408.4%
2022 Commercial Auto Uninsured Motorists 0.01% $2,700 $5,631 $605,000 $22,994 408.35%
2022 Commercial Auto Comprehensive 0.01% $15,421 $23,805 $435,921 $245,065 1,029.47%
2022 Commercial Auto Collision 0.01% $15,410 $23,788 $15,702 $244,890 1,029.47%
2021 Total Property & Casualty 0.02% $2,516,259 $2,613,752 $2,221,752 $2,918,804 111.67%
2021 Commercial Multi-Peril 0.1% $927,421 $960,724 $1,040,050 $1,263,334 131.5%
2021 Inland Marine (Incl Auto Cargo) 0.05% $239,450 $232,542 $48,974 $48,184 20.72%
2021 Direct Workers Compensation 0.12% $1,129,853 $1,219,787 $1,061,666 $1,580,460 129.57%
2021 Other Liability - Bodily Injury & Property Damage 0% $200 $33 $0 $0 0%
2021 Total Commercial Automobile 0.02% $219,335 $200,666 $71,062 $26,826 13.37%
2021 Commercial Auto Liability Bodily Injury 0.04% $164,221 $147,649 $38,753 $11,696 7.92%
2021 Commercial Auto Medical Payments 0.01% $688 $619 $0 $-228 -36.83%
2021 Commercial Auto Uninsured Motorists 0.03% $7,506 $6,749 $0 $-1,823 -27.01%
2021 Commercial Auto Comprehensive 0.02% $20,214 $19,666 $32,309 $28,246 143.63%
2021 Commercial Auto Collision 0.02% $26,706 $25,983 $0 $-11,065 -42.59%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

Effective 04/18/2022 the above company redomesticated from Illinois to Iowa.

Market Regulation Actions

Date:
PDF

Financial Exams

This company does not have any financial exams.