BENCHMARK INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
41394
Phone Number:
9529742200
Company Address:

150 Lake Street West
Wayzata, MN 55391

Description:
Property and Casualty
License Number:
B419438
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 Accident & Health 0.01% $777,899 $777,899 $294,961 $631,360 81.16%
2023 Total Group Accident & Health 0.01% $777,899 $777,899 $294,961 $631,360 81.16%
2023 Group Stop Loss 0.08% $777,899 $777,899 $294,961 $631,360 81.16%
2023 Total Property & Casualty 0.05% $7,714,498 $7,143,990 $2,744,470 $3,485,634 48.79%
2023 Commercial Multi-Peril 0.03% $351,291 $391,226 $109,901 $145,370 37.16%
2023 Direct Workers Compensation 0.6% $6,457,034 $5,866,884 $2,468,038 $3,142,089 53.56%
2023 Other Liability - Bodily Injury & Property Damage 0.04% $341,051 $315,163 $0 $-439,770 -139.54%
2023 Total Private Passenger Automobile 0% $0 $0 $0 $-36,657 0%
2023 Private Passenger Auto Liability Bodily Injury 0% $0 $0 $0 $-36,657 0%
2023 Total Commercial Automobile 0.05% $563,622 $569,592 $166,531 $674,602 118.44%
2023 Commercial Auto Liability Bodily Injury 0.1% $523,534 $516,197 $203,838 $716,909 138.88%
2023 Commercial Auto Comprehensive 0.03% $40,088 $53,395 $-37,307 $-42,307 -79.23%
2023 Surety 0% $1,500 $1,125 $0 $0 0%
2022 Total Accident & Health 0% $655,665 $655,665 $267,488 $87,973 13.42%
2022 Total Group Accident & Health 0.01% $655,665 $655,665 $267,488 $87,973 13.42%
2022 Group Stop Loss 0.07% $655,665 $655,665 $267,488 $87,973 13.42%
2022 Total Property & Casualty 0.04% $6,388,181 $3,609,435 $1,295,728 $3,683,994 102.07%
2022 Commercial Multi-Peril 0.04% $361,357 $209,135 $120,728 $155,563 74.38%
2022 Direct Workers Compensation 0.5% $5,241,490 $2,348,711 $603,492 $2,193,870 93.41%
2022 Other Liability - Bodily Injury & Property Damage 0.04% $366,995 $720,924 $322,600 $963,732 133.68%
2022 Total Commercial Automobile 0.04% $416,839 $329,165 $248,908 $370,829 112.66%
2022 Commercial Auto Liability Bodily Injury 0.07% $332,119 $263,885 $45,895 $162,816 61.7%
2022 Commercial Auto Comprehensive 0.07% $84,720 $65,280 $203,013 $208,013 318.65%
2022 Surety 0% $1,500 $1,500 $0 $0 0%
2021 Total Accident & Health 0% $364,650 $364,650 $0 $255,255 70%
2021 Total Group Accident & Health 0% $364,650 $364,650 $0 $255,255 70%
2021 Group Stop Loss 0.05% $364,650 $364,650 $0 $255,255 70%
2021 Total Property & Casualty 0.02% $3,147,578 $2,217,027 $654,579 $1,629,337 73.49%
2021 Commercial Multi-Peril 0.01% $87,861 $28,047 $0 $12,473 44.47%
2021 Direct Workers Compensation 0.17% $1,686,768 $1,258,550 $604,794 $1,154,562 91.74%
2021 Other Liability - Bodily Injury & Property Damage 0.13% $1,086,373 $636,624 $0 $370,786 58.24%
2021 Products Liability 0% $0 $62,915 $0 $0 0%
2021 Total Commercial Automobile 0.03% $285,076 $229,391 $49,785 $91,516 39.9%
2021 Commercial Auto Liability Bodily Injury 0.06% $273,373 $219,764 $49,785 $91,516 41.64%
2021 Commercial Auto Uninsured Motorists 0.01% $2,278 $1,831 $0 $0 0%
2021 Commercial Auto Comprehensive 0% $3,633 $3,005 $0 $0 0%
2021 Commercial Auto Collision 0% $5,792 $4,791 $0 $0 0%
2021 Surety 0% $1,500 $1,500 $0 $0 0%

Complaint Index

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