PROFESSIONAL SOLUTIONS INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
11127
Phone Number:
5153134500
Company Address:

P.O. BOX 9118
DES MOINES, IA 50306-9118

Description:
Property and Casualty
License Number:
B422051
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 0.01% $1,558,921 $1,884,680 $360,398 $-64,464 -3.42%
2023 Total Medical Malpractice 0.37% $561,505 $974,656 $296,250 $-548,446 -56.27%
2023 Medical Malpractice - Physicians & Surgeons 0.53% $424,526 $827,839 $296,250 $-494,580 -59.74%
2023 Medical Malpractice - Dentists 2.04% $136,979 $146,817 $0 $-53,866 -36.69%
2023 Other Liability - Bodily Injury & Property Damage 0.1% $990,336 $902,796 $64,148 $482,875 53.49%
2023 Other Specific 0.1% $7,080 $7,228 $0 $1,107 15.32%
2022 Total Property & Casualty 0.02% $2,296,337 $2,293,470 $131,870 $69,801 3.04%
2022 Total Medical Malpractice 0.96% $1,318,727 $1,264,508 $125,000 $100,074 7.91%
2022 Medical Malpractice - Physicians & Surgeons 1.59% $1,167,878 $1,117,810 $0 $169,520 15.17%
2022 Medical Malpractice - Dentists 3.81% $150,849 $146,698 $125,000 $-69,446 -47.34%
2022 Other Liability - Bodily Injury & Property Damage 0.11% $976,560 $1,028,462 $6,870 $-30,370 -2.95%
2022 Other Specific 0.01% $1,050 $500 $0 $97 19.4%
2021 Total Property & Casualty 0.02% $2,037,881 $1,753,537 $2,617,017 $2,155,273 122.91%
2021 Total Medical Malpractice 0.93% $1,222,118 $1,129,472 $2,577,500 $1,793,844 158.82%
2021 Medical Malpractice - Physicians & Surgeons 1.44% $1,075,579 $975,341 $2,277,500 $1,507,889 154.6%
2021 Medical Malpractice - Dentists 3.84% $146,539 $154,131 $300,000 $285,955 185.53%
2021 Other Liability - Bodily Injury & Property Damage 0.1% $815,613 $623,962 $39,517 $361,405 57.92%
2021 Other Specific 0% $150 $103 $0 $24 23.3%

Complaint Index

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

Company Changes

Effective Date:
Comments:

Effective 11/5/2019 this company added B5 miscellaneous authority

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.