Company Details
License Status:
Active
NAIC Number:
20362
Phone Number:
9086042900
Company Address:
15 Independence Boulevard
Attn: Joann Zummo
Warren, NJ 07059-0602
Description:
Property and Casualty
License Number:
B424247
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% | $4,272,712 | $3,979,390 | $548,748 | $1,189,666 | 29.9% |
| 2023 | Total Fire & Allied Lines | 0.06% | $430,715 | $580,245 | $0 | $324,700 | 55.96% |
| 2023 | Commercial Fire & Allied Lines | 0.13% | $430,715 | $580,245 | $0 | $324,700 | 55.96% |
| 2023 | Commercial Multi-Peril | 0.1% | $1,154,054 | $974,548 | $304,492 | $353,085 | 36.23% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.2% | $1,101,580 | $906,652 | $0 | $-110,737 | -12.21% |
| 2023 | Direct Workers Compensation | 0.12% | $1,301,937 | $1,210,816 | $182,199 | $319,765 | 26.41% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.01% | $136,248 | $158,066 | $0 | $7,919 | 5.01% |
| 2023 | Products Liability | 0% | $0 | $0 | $0 | $-2,399 | 0% |
| 2023 | Total Commercial Automobile | 0.01% | $148,178 | $149,063 | $36,529 | $297,812 | 199.79% |
| 2023 | Commercial Auto Liability Bodily Injury | 0.02% | $105,718 | $109,540 | $7,612 | $101,060 | 92.26% |
| 2023 | Commercial Auto Liability Property Damage | 0% | $0 | $0 | $0 | $75,795 | 0% |
| 2023 | Commercial Auto Medical Payments | 0.03% | $2,338 | $2,491 | $0 | $25,265 | 1,014.25% |
| 2023 | Commercial Auto Uninsured Motorists | 0.03% | $12,186 | $11,430 | $0 | $50,530 | 442.08% |
| 2023 | Commercial Auto Comprehensive | 0.01% | $9,334 | $8,511 | $6,500 | $15,807 | 185.72% |
| 2023 | Commercial Auto Collision | 0.01% | $18,602 | $17,091 | $22,417 | $29,355 | 171.76% |
| 2023 | Aircraft | 0% | $0 | $0 | $25,528 | $-479 | 0% |
| 2022 | Total Property & Casualty | 0.03% | $3,989,024 | $3,760,827 | $244,510 | $625,243 | 16.63% |
| 2022 | Total Fire & Allied Lines | 0.18% | $864,658 | $660,887 | $0 | $165,816 | 25.09% |
| 2022 | Commercial Fire & Allied Lines | 0.27% | $864,658 | $660,887 | $0 | $165,816 | 25.09% |
| 2022 | Commercial Multi-Peril | 0.09% | $923,903 | $861,104 | $0 | $-359,931 | -41.8% |
| 2022 | Ocean Marine | 0% | $0 | $0 | $-2 | $0 | 0% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.16% | $859,181 | $870,931 | $45,000 | $284,109 | 32.62% |
| 2022 | Direct Workers Compensation | 0.1% | $1,013,189 | $1,005,532 | $156,831 | $330,152 | 32.83% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.02% | $180,938 | $179,233 | $0 | $168,160 | 93.82% |
| 2022 | Products Liability | 0% | $0 | $0 | $0 | $2,375 | 0% |
| 2022 | Total Commercial Automobile | 0.02% | $147,155 | $183,140 | $24,546 | $4,104 | 2.24% |
| 2022 | Commercial Auto Liability Bodily Injury | 0.02% | $111,985 | $133,335 | $476 | $-6,849 | -5.14% |
| 2022 | Commercial Auto Liability Property Damage | 0% | $0 | $0 | $0 | $-5,137 | 0% |
| 2022 | Commercial Auto Medical Payments | 0.04% | $2,594 | $2,998 | $0 | $-1,712 | -57.1% |
| 2022 | Commercial Auto Uninsured Motorists | 0.03% | $10,415 | $13,185 | $0 | $-3,424 | -25.97% |
| 2022 | Commercial Auto Comprehensive | 0.01% | $7,264 | $10,824 | $0 | $7,429 | 68.63% |
| 2022 | Commercial Auto Collision | 0.01% | $14,897 | $22,798 | $24,070 | $13,797 | 60.52% |
| 2022 | Aircraft | 0% | $0 | $0 | $18,135 | $30,458 | 0% |
| 2021 | Total Property & Casualty | 0.03% | $3,486,612 | $3,508,571 | $349,719 | $246,764 | 7.03% |
| 2021 | Total Fire & Allied Lines | 0.07% | $488,507 | $409,588 | $0 | $-26,782 | -6.54% |
| 2021 | Dwelling Fire & Allied Lines | 0.34% | $488,507 | $409,588 | $0 | $-26,782 | -6.54% |
| 2021 | Commercial Multi-Peril | 0.09% | $837,328 | $794,622 | $-73,383 | $99,012 | 12.46% |
| 2021 | Ocean Marine | 0% | $0 | $0 | $0 | $-6 | 0% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.19% | $873,256 | $923,059 | $7,117 | $128,118 | 13.88% |
| 2021 | Direct Workers Compensation | 0.09% | $907,455 | $984,921 | $310,442 | $101,119 | 10.27% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.02% | $182,591 | $165,135 | $30,000 | $-185,647 | -112.42% |
| 2021 | Products Liability | 0% | $49 | $609 | $0 | $-5,298 | -869.95% |
| 2021 | Total Commercial Automobile | 0.02% | $198,844 | $230,861 | $73,213 | $156,852 | 67.94% |
| 2021 | Commercial Auto Liability Bodily Injury | 0.03% | $144,783 | $157,116 | $11,878 | $42,326 | 26.94% |
| 2021 | Commercial Auto Liability Property Damage | 0% | $0 | $0 | $0 | $31,745 | 0% |
| 2021 | Commercial Auto Medical Payments | 0.05% | $3,228 | $3,300 | $0 | $10,582 | 320.67% |
| 2021 | Commercial Auto Uninsured Motorists | 0.05% | $14,143 | $26,926 | $0 | $21,163 | 78.6% |
| 2021 | Commercial Auto Comprehensive | 0.01% | $12,103 | $14,494 | $7,415 | $17,863 | 123.24% |
| 2021 | Commercial Auto Collision | 0.01% | $24,587 | $29,025 | $53,920 | $33,173 | 114.29% |
| 2021 | Aircraft | -0.01% | $-1,418 | $-224 | $2,330 | $-20,604 | 9,198.21% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Homeowners | 0.01% | 0 | 0 |
| 2022 | Homeowners | 0.01% | 0 | 0 |
| 2021 | Homeowners | 0.01% | 0 | 0 |
Company Changes
Effective Date:
Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.
Sumitomo Marine & Fire Insurance Co. of America changed its name to Mitsui Sumitom Insurance Co. of America.