PREFERRED PROFESSIONAL INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
36234
Phone Number:
4023921566
Company Address:

One Financial Center
13th Floor
Boston, MA 02111

Description:
Property and Casualty
License Number:
B419895
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% $513,511 $530,117 $130,072 $684,790 129.18%
2023 Total Medical Malpractice 0.15% $224,224 $262,922 $110,000 $524,653 199.55%
2023 Medical Malpractice - Physicians & Surgeons 0% $-3,767 $-3,767 $0 $1,865 -49.51%
2023 Medical Malpractice - Other 2.76% $227,991 $266,689 $110,000 $522,788 196.03%
2023 Direct Workers Compensation 0.01% $156,078 $146,595 $20,072 $123,641 84.34%
2023 Total Commercial Automobile 0% $6,669 $5,262 $0 $1,894 35.99%
2023 Commercial Auto Liability Bodily Injury 0% $6,669 $5,262 $0 $1,894 35.99%
2023 Professional Liability (Excl Medical Malpractice) 0.01% $14,858 $14,812 $0 $4,444 30%
2023 Lawyers Malpractice 0.8% $111,682 $100,526 $0 $30,158 30%
2022 Total Property & Casualty 0% $553,200 $464,553 $779,907 $144,500 31.11%
2022 Total Medical Malpractice 0.19% $266,039 $244,189 $650,000 $114,752 46.99%
2022 Medical Malpractice - Physicians & Surgeons 0% $0 $0 $0 $-88,230 0%
2022 Medical Malpractice - Other 2.01% $266,039 $244,189 $650,000 $202,982 83.12%
2022 Direct Workers Compensation 0.02% $180,723 $147,120 $129,907 $7,775 5.28%
2022 Professional Liability (Excl Medical Malpractice) 0.01% $14,669 $14,281 $0 $4,284 30%
2022 Lawyers Malpractice 0.61% $91,769 $58,963 $0 $17,689 30%
2021 Total Property & Casualty 0% $373,667 $1,178,373 $202,677 $59,090 5.01%
2021 Total Medical Malpractice 0.17% $220,742 $1,117,366 $150,000 $267,076 23.9%
2021 Medical Malpractice - Physicians & Surgeons 0% $-2,259 $908,531 $150,000 $183,356 20.18%
2021 Medical Malpractice - Other 2.9% $223,001 $208,835 $0 $83,720 40.09%
2021 Direct Workers Compensation 0.01% $119,631 $49,164 $52,677 $-211,184 -429.55%
2021 Other Liability - Bodily Injury & Property Damage 0% $33,294 $11,843 $0 $3,198 27%

Complaint Index

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

Company Changes

Effective Date:
Comments:

Preferred Physicians Insurance Co. changed its name to Preferred Professional Insurance Co.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.