WESCO INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
25011
Phone Number:
2122207120
Company Address:

800 Superior Ave. E.
21st Floor
Cleveland, OH 44114

Description:
Property and Casualty
License Number:
B423406
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 0.13% $20,024,419 $32,112,636 $21,903,719 $25,359,133 78.97%
2023 Total Fire & Allied Lines 0% $25,962 $12,591 $0 $1,742 13.84%
2023 Commercial Fire & Allied Lines 0.01% $25,962 $12,591 $0 $1,742 13.84%
2023 Commercial Multi-Peril 0.29% $3,219,831 $3,110,895 $3,897,152 $3,382,748 108.74%
2023 Inland Marine (Incl Auto Cargo) 0.03% $162,807 $114,382 $154,760 $85,739 74.96%
2023 Earthquake 0% $3,239 $3,744 $0 $61 1.63%
2023 Direct Workers Compensation 0.98% $10,525,809 $1,104,636 $5,042,736 $7,195,979 651.43%
2023 Other Liability - Bodily Injury & Property Damage 0.24% $2,333,683 $2,639,265 $72,857 $861,021 32.62%
2023 Other Liability - Warranty 0.19% $48,320 $18,675,427 $8,314,712 $7,685,027 41.15%
2023 Excess Workers Compensation 0% $0 $0 $25,309 $-106,209 0%
2023 Products Liability 0% $1,724 $815 $0 $109,698 13,459.9%
2023 Total Commercial Automobile 0.32% $3,332,851 $5,984,087 $4,149,444 $5,841,089 97.61%
2023 Commercial Auto Liability Bodily Injury 0.5% $2,570,328 $5,091,658 $3,115,977 $5,032,286 98.83%
2023 Commercial Auto Medical Payments 0.15% $10,946 $10,972 $10,928 $0 0%
2023 Commercial Auto Uninsured Motorists 0.03% $13,104 $13,127 $0 $17,649 134.45%
2023 Commercial Auto Comprehensive 0.19% $231,485 $271,271 $148,364 $114,791 42.32%
2023 Commercial Auto Collision 0.25% $506,988 $597,059 $874,175 $676,363 113.28%
2023 Burglary & Theft 0.01% $682 $334 $0 $51 15.27%
2023 Boiler & Machinery 0% $29 $10 $0 $0 0%
2023 Credit Unemployment 21.05% $369,482 $466,450 $246,749 $302,187 64.78%
2022 Total Accident & Health 0% $101,206 $65,080 $10,187 $-19,236 -29.56%
2022 Total Individual Accident & Health 0% $101,206 $65,080 $10,187 $-19,236 -29.56%
2022 Individual Accident Only 0.16% $101,206 $65,080 $10,187 $-19,236 -29.56%
2022 Total Property & Casualty 0.2% $28,384,995 $42,090,537 $22,340,328 $30,258,260 71.89%
2022 Total Fire & Allied Lines 0% $-2,145 $24,170 $0 $-43 -0.18%
2022 Commercial Fire & Allied Lines 0% $-2,145 $24,170 $0 $-43 -0.18%
2022 Commercial Multi-Peril 0.31% $3,111,878 $2,025,258 $1,162,758 $4,248,319 209.77%
2022 Inland Marine (Incl Auto Cargo) 0.07% $355,146 $335,793 $172,067 $201,330 59.96%
2022 Earthquake 0% $5,273 $3,980 $0 $10 0.25%
2022 Direct Workers Compensation 1.09% $11,274,261 $10,493,982 $3,615,409 $5,190,098 49.46%
2022 Other Liability - Bodily Injury & Property Damage 0.34% $2,923,265 $3,044,542 $10,566 $896,936 29.46%
2022 Other Liability - Warranty 11.39% $3,421,808 $18,613,955 $14,209,995 $13,975,379 75.08%
2022 Excess Workers Compensation 0% $0 $0 $445,761 $-131,035 0%
2022 Products Liability 0% $177 $-5,115 $0 $89,524 -1,750.22%
2022 Total Commercial Automobile 0.72% $7,065,259 $7,411,631 $2,685,682 $5,693,919 76.82%
2022 Commercial Auto Liability Bodily Injury 1.23% $5,883,178 $6,242,134 $1,693,927 $4,307,955 69.01%
2022 Commercial Auto Medical Payments 0.16% $11,682 $11,120 $0 $0 0%
2022 Commercial Auto Uninsured Motorists 0.04% $16,699 $18,427 $0 $0 0%
2022 Commercial Auto Comprehensive 0.28% $352,248 $341,146 $327,758 $458,038 134.26%
2022 Commercial Auto Collision 0.44% $801,452 $798,804 $663,997 $927,926 116.16%
2022 Credit Unemployment 14.9% $230,073 $142,341 $38,090 $93,823 65.91%
2021 Total Accident & Health 0% $107,117 $70,284 $11,400 $56,035 79.73%
2021 Total Individual Accident & Health 0% $107,117 $70,284 $11,400 $56,035 79.73%
2021 Individual Accident Only 0.17% $107,117 $70,284 $11,400 $56,035 79.73%
2021 Total Property & Casualty 0.27% $36,065,066 $46,368,566 $25,433,728 $26,764,770 57.72%
2021 Total Fire & Allied Lines 0.01% $33,408 $6,860 $0 $-2,268 -33.06%
2021 Commercial Fire & Allied Lines 0.01% $33,408 $6,860 $0 $-2,268 -33.06%
2021 Commercial Multi-Peril 0.13% $1,166,925 $850,601 $542,030 $596,005 70.07%
2021 Inland Marine (Incl Auto Cargo) 0.07% $313,728 $367,096 $217,488 $226,431 61.68%
2021 Direct Workers Compensation 0.87% $8,488,043 $6,671,098 $2,799,431 $4,732,145 70.94%
2021 Other Liability - Bodily Injury & Property Damage 0.41% $3,294,011 $2,494,074 $1,180,915 $1,294,598 51.91%
2021 Other Liability - Warranty 32.7% $15,196,868 $28,410,579 $18,092,274 $18,716,453 65.88%
2021 Excess Workers Compensation 0% $0 $0 $297,090 $1,059,777 0%
2021 Products Liability 0% $1,132 $1,086 $125 $-80,604 -7,422.1%
2021 Total Commercial Automobile 0.82% $7,423,826 $7,311,885 $2,106,627 $126,088 1.72%
2021 Commercial Auto Liability Bodily Injury 1.4% $6,432,726 $6,334,598 $2,104,830 $298,404 4.71%
2021 Commercial Auto Medical Payments 0.18% $12,119 $14,993 $0 $0 0%
2021 Commercial Auto Uninsured Motorists 0.06% $18,672 $19,906 $76 $11 0.06%
2021 Commercial Auto Comprehensive 0.29% $293,821 $292,634 $144,229 $-14,446,700 -4,936.78%
2021 Commercial Auto Collision 0.39% $666,488 $649,754 $-142,508 $14,274,373 2,196.89%
2021 Credit Unemployment 7.4% $147,125 $255,287 $197,748 $96,145 37.66%

Complaint Index

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

Company Changes

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Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.