FALLS LAKE NATIONAL INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
31925
Phone Number:
8007807454
Company Address:

6641 West Broad Street, Suite 300
Richmond, VA 23230

Description:
Property and Casualty
License Number:
B424215
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% $3,717,209 $3,815,961 $852,898 $1,318,388 34.55%
2023 Total Fire & Allied Lines 0.09% $672,556 $614,383 $176,660 $155,478 25.31%
2023 Commercial Fire & Allied Lines 0.21% $672,556 $614,383 $176,660 $155,478 25.31%
2023 Inland Marine (Incl Auto Cargo) 0.01% $57,472 $84,977 $12,414 $3,710 4.37%
2023 Direct Workers Compensation 0.04% $397,018 $233,151 $22,429 $117,400 50.35%
2023 Other Liability - Bodily Injury & Property Damage 0.03% $296,236 $299,172 $0 $-232,077 -77.57%
2023 Other Liability - Warranty 0.35% $90,393 $61,123 $0 $81,943 134.06%
2023 Products Liability 0% $0 $0 $0 $-1 0%
2023 Total Commercial Automobile 0.2% $2,100,295 $2,409,513 $631,118 $1,212,145 50.31%
2023 Commercial Auto Liability Bodily Injury 0% $0 $0 $0 $-47 0%
2023 Commercial Auto Liability Property Damage 1.29% $1,852,351 $1,999,608 $487,454 $976,633 48.84%
2023 Commercial Auto Comprehensive 0.21% $247,944 $409,905 $143,664 $235,559 57.47%
2023 Aircraft 0.01% $1,626 $23,589 $887 $-31,085 -131.78%
2023 Burglary & Theft 0.52% $40,621 $35,269 $9,390 $1,787 5.07%
2023 Boiler & Machinery 0.13% $60,992 $54,784 $0 $9,088 16.59%
2022 Total Property & Casualty 0.02% $2,730,435 $2,526,265 $-108,863 $-110,102 -4.36%
2022 Total Fire & Allied Lines 0.08% $362,407 $366,357 $-730,896 $-679,626 -185.51%
2022 Commercial Fire & Allied Lines 0.11% $362,407 $366,357 $-730,896 $-679,626 -185.51%
2022 Commercial Multi-Peril 0% $-1,740 $-1,465 $0 $-407 27.78%
2022 Inland Marine (Incl Auto Cargo) 0.02% $106,498 $110,945 $46,326 $55,467 50%
2022 Direct Workers Compensation 0% $28,422 $10,410 $0 $-48,117 -462.22%
2022 Other Liability - Bodily Injury & Property Damage 0.02% $212,373 $199,503 $0 $48,033 24.08%
2022 Other Liability - Warranty 0% $0 $0 $0 $-265 0%
2022 Products Liability 0% $0 $0 $0 $-3 0%
2022 Total Commercial Automobile 0.19% $1,902,494 $1,722,353 $575,657 $490,592 28.48%
2022 Commercial Auto Liability Bodily Injury 0% $0 $0 $0 $-248 0%
2022 Commercial Auto Liability Property Damage 0.94% $1,423,527 $1,354,621 $581,459 $446,845 32.99%
2022 Commercial Auto Comprehensive 0.39% $478,967 $367,732 $-5,802 $43,995 11.96%
2022 Aircraft 0.21% $63,967 $63,378 $50 $25,942 40.93%
2022 Burglary & Theft 0.36% $26,348 $26,420 $0 $8,553 32.37%
2022 Boiler & Machinery 0.08% $29,666 $28,364 $0 $-10,271 -36.21%
2021 Total Property & Casualty 0.01% $1,770,377 $1,575,609 $1,062,187 $1,071,943 68.03%
2021 Total Fire & Allied Lines 0.04% $231,250 $179,552 $774,202 $717,180 399.43%
2021 Commercial Fire & Allied Lines 0.07% $231,250 $179,552 $774,202 $717,180 399.43%
2021 Commercial Multi-Peril 0% $1,740 $1,465 $0 $407 27.78%
2021 Inland Marine (Incl Auto Cargo) 0.02% $91,266 $62,776 $0 $-1,103 -1.76%
2021 Direct Workers Compensation 0% $0 $0 $20,731 $19,298 0%
2021 Other Liability - Bodily Injury & Property Damage 0.02% $126,718 $125,726 $-24,397 $22,801 18.14%
2021 Other Liability - Warranty 0% $0 $0 $0 $-1,171 0%
2021 Products Liability 0% $0 $0 $0 $-2 0%
2021 Total Commercial Automobile 0.14% $1,234,863 $1,100,473 $313,321 $324,473 29.48%
2021 Commercial Auto Liability Bodily Injury 0% $655 $655 $0 $353 53.89%
2021 Commercial Auto Liability Property Damage 0.75% $989,162 $884,369 $242,147 $272,123 30.77%
2021 Commercial Auto Comprehensive 0.24% $245,046 $215,449 $71,174 $51,997 24.13%
2021 Aircraft 0.1% $29,200 $45,112 $0 $10,324 22.89%
2021 Burglary & Theft 0.35% $24,180 $28,954 $-21,670 $-24,311 -83.96%
2021 Boiler & Machinery 0.08% $31,160 $31,551 $0 $4,047 12.83%

Complaint Index

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

Company Changes

Effective Date:
Comments:

Effective 4/4/12 Infinity Specialty Insurance Company changed its name to Stonewood National Insurance Company.

Effective Date:
Comments:

Effective 09/04/14 Stonewood National Insurance Company changed its name to Falls Lake National Insurance Company.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.