WELLFLEET INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
32280
Phone Number:
2604924031
Company Address:

5814 REED ROAD
FORT WAYNE, IN 46835-3568

Description:
Property and Casualty
License Number:
B418101
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% $592,113 $382,319 $218,534 $725,287 189.71%
2023 Direct Workers Compensation 0.06% $592,113 $382,319 $218,534 $725,287 189.71%
2022 Total Accident & Health 0.02% $2,033,388 $1,225,367 $655,641 $785,997 64.14%
2022 Total Group Accident & Health 0.02% $2,033,388 $1,225,367 $655,641 $785,997 64.14%
2022 Group Comprehensive Medical Expense - Large Employer 0.08% $1,853,667 $1,046,189 $632,751 $743,741 71.09%
2022 Group Accident Only 0.14% $179,721 $179,178 $22,890 $42,256 23.58%
2022 Total Property & Casualty 0% $223,857 $182,418 $142,284 $113,077 61.99%
2022 Direct Workers Compensation 0.02% $223,857 $182,418 $142,284 $113,077 61.99%
2021 Total Accident & Health 0% $577,210 $18,344 $374,506 $0 0%
2021 Total Group Accident & Health 0.01% $577,210 $18,344 $374,506 $0 0%
2021 Group Comprehensive Medical Expense - Small Employer 0.07% $577,210 $18,344 $374,506 $0 0%
2021 Total Property & Casualty 0% $128,286 $105,106 $125,260 $144,796 137.76%
2021 Direct Workers Compensation 0.01% $128,286 $105,106 $125,260 $144,796 137.76%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Health 0.02% 0 0
2022 Health 0.01% 0 0
2021 Health 0.01% 0 0

Company Changes

Effective Date:
Comments:

Effective 5/31/2017 this company added accident and health authority and redomesticated from California to Indiana.

Effective Date:
Comments:

Effective 7/10/2019 Commercial Casualty Insurance Company changed its name to Wellfleet Insurance Company

Effective Date:
Comments:

Effective 03/21/2022 the above company was approved to write additional lines of authority of B1-Property and B5-Miscellaneous.

Effective Date:
Comments:

Effective 11/22/2024 the above company was issued a new Certificate of Authority following approval to add B3 – Fidelity and Surety to it previous B1 – Property, B2 – Liability, B4 – Accident and Health, and B5 – Miscellaneous lines of authority.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.