PROSELECT INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
10638
Phone Number:
6174289888
Company Address:

ONE FINANCIAL CENTER, 13TH FLOOR
BOSTON, MA 02111-2621

Description:
Property and Casualty
License Number:
B431231
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% $3,804,673 $3,731,729 $869,775 $936,201 25.09%
2023 Total Medical Malpractice 0.54% $815,085 $742,141 $0 $-187,999 -25.33%
2023 Medical Malpractice - Physicians & Surgeons 1% $803,864 $729,993 $0 $-227,495 -31.16%
2023 Medical Malpractice - Nurses 0.6% $11,221 $12,148 $0 $39,496 325.12%
2023 Other Liability - Warranty 11.66% $2,989,588 $2,989,588 $869,775 $1,124,200 37.6%
2022 Total Property & Casualty 0.02% $2,332,176 $2,371,648 $0 $1,407,299 59.34%
2022 Total Medical Malpractice 0.59% $811,711 $851,183 $0 $416,981 48.99%
2022 Medical Malpractice - Physicians & Surgeons 1.09% $796,873 $811,125 $0 $465,028 57.33%
2022 Medical Malpractice - Nurses 0.37% $14,838 $40,058 $0 $5,253 13.11%
2022 Medical Malpractice - Hospitals 0% $0 $0 $0 $-53,300 0%
2022 Other Liability - Warranty 5.06% $1,520,465 $1,520,465 $0 $990,318 65.13%
2021 Total Property & Casualty 0.01% $848,865 $449,687 $0 $321,907 71.58%
2021 Total Medical Malpractice 0.64% $848,865 $449,687 $0 $320,881 71.36%
2021 Medical Malpractice - Physicians & Surgeons 1.05% $782,892 $417,636 $0 $248,017 59.39%
2021 Medical Malpractice - Nurses 2.03% $65,973 $32,051 $0 $19,564 61.04%
2021 Medical Malpractice - Hospitals 0% $0 $0 $0 $53,300 0%
2021 Other Liability - Bodily Injury & Property Damage 0% $0 $0 $0 $1,026 0%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

Effective 03/31/14 this company was admitted with B2 authority.

Effective Date:
Comments:

Effective 12/11/2017 this company added B1, B3, B4 and B5 authority.

Effective Date:
Comments:

Effective 12/31/2017 MHA Insurance Company merged into Proselect Insurance Company.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.