Company Details
License Status:
Active
NAIC Number:
16023
Phone Number:
6098023855
Company Address:
5 CROSBY STREET
3rd Floor
NEW YORK, NY 10013-3154
Description:
Property and Casualty
License Number:
B431661
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.03% | $4,645,423 | $3,951,457 | $2,423,134 | $2,619,190 | 66.28% |
| 2023 | Total Homeowners | 0.11% | $3,402,774 | $2,916,543 | $1,893,467 | $2,103,908 | 72.14% |
| 2023 | Homeowners Multi-Peril | 0.12% | $3,402,774 | $2,916,543 | $1,893,467 | $2,103,908 | 72.14% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.22% | $1,242,649 | $1,034,914 | $529,667 | $515,282 | 49.79% |
| 2022 | Total Property & Casualty | 0.03% | $3,615,626 | $3,080,569 | $1,929,697 | $2,255,383 | 73.21% |
| 2022 | Total Homeowners | 0.1% | $2,741,663 | $2,420,858 | $1,616,164 | $1,885,809 | 77.9% |
| 2022 | Homeowners Multi-Peril | 0.11% | $2,741,663 | $2,420,858 | $1,616,164 | $1,885,809 | 77.9% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.17% | $873,963 | $659,711 | $313,533 | $369,574 | 56.02% |
| 2021 | Total Property & Casualty | 0.02% | $2,562,955 | $1,908,221 | $1,333,506 | $1,958,933 | 102.66% |
| 2021 | Total Homeowners | 0.09% | $2,118,681 | $1,646,362 | $1,232,248 | $1,816,654 | 110.34% |
| 2021 | Homeowners Multi-Peril | 0.09% | $2,118,681 | $1,646,362 | $1,232,248 | $1,816,654 | 110.34% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.09% | $444,274 | $261,859 | $101,258 | $142,279 | 54.33% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Homeowners | 0.09% | 8 | 735 |
| 2022 | Homeowners | 0.07% | 3 | 443 |
| 2021 | Homeowners | 0.04% | 2 | 507 |
Company Changes
Effective Date:
Effective Date:
Comments:
Effective 7/28/2022 the above company acquired Metromile Insurance Company, NAIC #16187, creating new Group Code 5032- Lemonade Inc Grp. The updated Code is pending SBS due to technical issues between this company and the NAIC.
Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.
Effective 11/02/2017 this company was admitted as a property and casualty insurer with B1, B2 and B5 authority.