Company Details
License Status:
Active
NAIC Number:
16608
Phone Number:
9735321489
Company Address:
412 Mt. Kemble Ave, Suite 300C
Morristown, NJ 07960
Description:
Property and Casualty
License Number:
B424242
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.03% | $4,453,747 | $4,574,112 | $4,204,419 | $4,117,179 | 90.01% |
| 2023 | Total Fire & Allied Lines | 0% | $28,762 | $50,861 | $0 | $534,220 | 1,050.35% |
| 2023 | Commercial Fire & Allied Lines | 0.01% | $28,762 | $50,861 | $0 | $534,220 | 1,050.35% |
| 2023 | Commercial Multi-Peril | 0.09% | $952,329 | $971,974 | $225,950 | $316,136 | 32.53% |
| 2023 | Ocean Marine | 1.34% | $706,064 | $656,808 | $0 | $54,008 | 8.22% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.02% | $126,197 | $92,175 | $4,877 | $23,370 | 25.35% |
| 2023 | Direct Workers Compensation | 0.03% | $313,319 | $336,816 | $134,313 | $222,989 | 66.2% |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.07% | $691,442 | $566,347 | $0 | $152,265 | 26.89% |
| 2023 | Other Liability - Warranty | 1.49% | $381,371 | $800,381 | $2,757,050 | $2,644,671 | 330.43% |
| 2023 | Excess Workers Compensation | 0% | $0 | $0 | $789,418 | $153,144 | 0% |
| 2023 | Total Commercial Automobile | 0.12% | $1,253,767 | $1,096,674 | $283,184 | $24,726 | 2.25% |
| 2023 | Commercial Auto Medical Payments | 0% | $0 | $0 | $0 | $-2 | 0% |
| 2023 | Commercial Auto Uninsured Motorists | 2.26% | $942,554 | $831,375 | $233,808 | $48,812 | 5.87% |
| 2023 | Commercial Auto Collision | 0.15% | $311,213 | $265,299 | $49,376 | $-24,084 | -9.08% |
| 2023 | Aircraft | 0% | $0 | $0 | $6,000 | $-8,156 | 0% |
| 2023 | Fidelity | 0% | $357 | $1,811 | $3,627 | $-220 | -12.15% |
| 2023 | Burglary & Theft | 0% | $139 | $265 | $0 | $26 | 9.81% |
| 2022 | Total Property & Casualty | 0.03% | $4,791,228 | $6,038,210 | $3,926,536 | $4,130,986 | 68.41% |
| 2022 | Total Fire & Allied Lines | 0.05% | $224,546 | $601,455 | $145,664 | $414,841 | 68.97% |
| 2022 | Commercial Fire & Allied Lines | 0.07% | $224,546 | $601,455 | $145,664 | $414,841 | 68.97% |
| 2022 | Commercial Multi-Peril | 0.07% | $714,312 | $870,937 | $1,134,610 | $1,239,197 | 142.28% |
| 2022 | Ocean Marine | 1.43% | $697,819 | $634,461 | $96,955 | $349,259 | 55.05% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.02% | $85,234 | $110,919 | $-6,958 | $-1,872 | -1.69% |
| 2022 | Earthquake | 0% | $0 | $0 | $0 | $-5 | 0% |
| 2022 | Direct Workers Compensation | 0.03% | $297,693 | $306,580 | $196,641 | $264,921 | 86.41% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.05% | $457,865 | $587,017 | $56,491 | $251,904 | 42.91% |
| 2022 | Other Liability - Warranty | 4.32% | $1,297,322 | $1,341,730 | $691,304 | $1,281,007 | 95.47% |
| 2022 | Excess Workers Compensation | 0% | $0 | $0 | $561,991 | $-457,231 | 0% |
| 2022 | Total Private Passenger Automobile | 0% | $0 | $0 | $0 | $2 | 0% |
| 2022 | Private Passenger Auto Medical Payments | 0% | $0 | $0 | $0 | $2 | 0% |
| 2022 | Total Commercial Automobile | 0.1% | $1,004,493 | $1,543,811 | $1,049,838 | $800,593 | 51.86% |
| 2022 | Commercial Auto Uninsured Motorists | 2.12% | $797,958 | $1,272,015 | $921,757 | $605,672 | 47.62% |
| 2022 | Commercial Auto Collision | 0.11% | $206,535 | $271,796 | $128,081 | $194,921 | 71.72% |
| 2022 | Aircraft | 0% | $0 | $0 | $0 | $-19,528 | 0% |
| 2022 | Fidelity | 0.04% | $11,656 | $40,987 | $0 | $7,851 | 19.15% |
| 2022 | Burglary & Theft | 0% | $288 | $313 | $0 | $51 | 16.29% |
| 2022 | Boiler & Machinery | 0% | $0 | $0 | $0 | $-4 | 0% |
| 2021 | Total Property & Casualty | 0.06% | $7,368,268 | $6,484,922 | $5,123,686 | $4,961,197 | 76.5% |
| 2021 | Total Fire & Allied Lines | 0.15% | $959,837 | $890,395 | $21,178 | $-104,698 | -11.76% |
| 2021 | Dwelling Fire & Allied Lines | 0.66% | $959,837 | $890,395 | $21,178 | $-104,698 | -11.76% |
| 2021 | Commercial Multi-Peril | 0.12% | $1,125,762 | $677,630 | $347,154 | $294,872 | 43.52% |
| 2021 | Ocean Marine | 1.34% | $582,536 | $567,222 | $46,553 | $81,827 | 14.43% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.02% | $103,070 | $283,403 | $96,870 | $53,566 | 18.9% |
| 2021 | Earthquake | 0% | $0 | $0 | $0 | $-193 | 0% |
| 2021 | Direct Workers Compensation | 0.03% | $336,658 | $350,901 | $81,425 | $65,944 | 18.79% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.07% | $592,601 | $478,013 | $1,500,000 | $1,544,518 | 323.11% |
| 2021 | Other Liability - Warranty | 3.18% | $1,480,153 | $1,299,509 | $618,122 | $197,636 | 15.21% |
| 2021 | Excess Workers Compensation | 0.07% | $25,781 | $25,781 | $774,256 | $507,699 | 1,969.28% |
| 2021 | Total Commercial Automobile | 0.23% | $2,100,836 | $1,855,970 | $1,638,128 | $2,335,247 | 125.82% |
| 2021 | Commercial Auto Medical Payments | 0% | $35 | $35 | $0 | $0 | 0% |
| 2021 | Commercial Auto Uninsured Motorists | 5.94% | $1,759,158 | $1,615,925 | $1,626,782 | $2,287,937 | 141.59% |
| 2021 | Commercial Auto Comprehensive | 0.34% | $341,643 | $240,010 | $11,346 | $47,310 | 19.71% |
| 2021 | Aircraft | 0% | $0 | $0 | $0 | $-10,115 | 0% |
| 2021 | Fidelity | 0.24% | $60,705 | $56,027 | $0 | $-4,875 | -8.7% |
| 2021 | Burglary & Theft | 0% | $329 | $71 | $0 | $-43 | -60.56% |
| 2021 | Boiler & Machinery | 0% | $0 | $0 | $0 | $-188 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Homeowners | 0.01% | 0 | 0 |
| 2022 | Homeowners | 0.01% | 0 | 0 |
| 2021 | Homeowners | 0.01% | 0 | 0 |
Company Changes
Effective Date:
Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.
Effective 7/27/11 the above company added B3 authority.