CLEAR SPRING PROPERTY AND CASUALTY COMPANY

Company Details

License Status:
Active
NAIC Number:
15563
Phone Number:
3128373700
Company Address:

10555 Group 1001 Way
Zionsville, IN 46077

Description:
Property and Casualty
License Number:
B418188
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% $2,817,168 $2,841,943 $853,423 $1,584,355 55.75%
2023 Commercial Multi-Peril 0% $4,909 $1,349 $0 $0 0%
2023 Direct Workers Compensation 0.21% $2,290,635 $2,347,094 $819,765 $1,461,011 62.25%
2023 Other Liability - Bodily Injury & Property Damage 0.05% $484,213 $479,164 $33,658 $123,344 25.74%
2023 Total Commercial Automobile 0% $37,411 $14,336 $0 $0 0%
2023 Commercial Auto Uninsured Motorists 0% $538 $237 $0 $0 0%
2023 Commercial Auto Comprehensive 0.03% $34,091 $13,394 $0 $0 0%
2023 Commercial Auto Collision 0% $2,782 $705 $0 $0 0%
2022 Total Property & Casualty 0.02% $2,973,233 $3,327,792 $2,181,850 $916,887 27.55%
2022 Commercial Multi-Peril -0.09% $-871,989 $-671,715 $-121,722 $-382,000 56.87%
2022 Direct Workers Compensation 0.25% $2,559,574 $2,893,075 $2,096,793 $748,878 25.89%
2022 Other Liability - Bodily Injury & Property Damage 0.15% $1,285,648 $1,106,432 $206,779 $550,009 49.71%
2021 Total Property & Casualty 0.02% $2,347,495 $1,997,495 $1,193,967 $5,711,690 285.94%
2021 Commercial Multi-Peril 0.05% $428,689 $405,379 $96,041 $230,569 56.88%
2021 Direct Workers Compensation 0.2% $1,918,806 $1,592,116 $1,097,926 $5,481,121 344.27%

Complaint Index

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

Company Changes

Effective Date:
Comments:

Kemper Employers Insurance Co. changed its name toSea Bright Insurance Co.

Effective Date:
Comments:

Effective 12/31/13 Pavonia Insurance Company of Delaware merged with and into SeaBright Insurance Company.

Effective Date:
Comments:

Effective 6/13/2017 this company redomesticated from IL to TX.

Effective Date:
Comments:

Effective 6/22/2018 SeaBright Insurance Company changed its name to Clear Spring Property and Casualty Company.

Effective Date:
Comments:

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.