VERLAN FIRE INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
10815
Phone Number:
5088554924
Company Address:

440 Lincoln Street
Worcester, MA 01653

Description:
Property and Casualty
License Number:
B423774
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% $2,497,335 $2,328,635 $124,200 $214,256 9.2%
2023 Total Fire & Allied Lines 0.3% $2,306,298 $2,136,505 $124,200 $210,543 9.85%
2023 Commercial Fire & Allied Lines 0.72% $2,306,298 $2,136,505 $124,200 $210,543 9.85%
2023 Inland Marine (Incl Auto Cargo) 0% $1,495 $1,414 $0 $3,502 247.67%
2023 Earthquake 0.03% $48,604 $51,429 $0 $121 0.24%
2023 Boiler & Machinery 0.27% $123,507 $121,655 $0 $0 0%
2023 Private Flood 0.26% $17,431 $17,632 $0 $90 0.51%
2022 Total Property & Casualty 0.01% $2,135,598 $1,902,774 $237,171 $407,765 21.43%
2022 Total Fire & Allied Lines 0.4% $1,943,956 $1,723,324 $237,171 $407,001 23.62%
2022 Commercial Fire & Allied Lines 0.61% $1,943,956 $1,723,324 $237,171 $407,001 23.62%
2022 Inland Marine (Incl Auto Cargo) 0% $1,049 $1,192 $0 $937 78.61%
2022 Earthquake 0.04% $54,050 $54,194 $0 $-94 -0.17%
2022 Boiler & Machinery 0.3% $116,707 $105,825 $0 $0 0%
2022 Private Flood 0.28% $19,836 $18,239 $0 $-79 -0.43%
2021 Total Property & Casualty 0.01% $1,798,527 $1,786,937 $0 $1 0%
2021 Total Fire & Allied Lines 0.25% $1,620,959 $1,633,888 $0 $1 0%
2021 Commercial Fire & Allied Lines 0.49% $1,620,959 $1,633,888 $0 $1 0%
2021 Inland Marine (Incl Auto Cargo) 0% $1,697 $1,749 $0 $0 0%
2021 Earthquake 0.04% $58,337 $58,401 $0 $0 0%
2021 Boiler & Machinery 0.27% $100,541 $88,546 $0 $0 0%
2021 Private Flood 0.21% $16,993 $4,353 $0 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2021 Homeowners 0.01% 0 0

Company Changes

This company does not have any company changes.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.