What Verdica's 778 score means for Insurance Producer 84
Insurance Producer 84 in Pennsylvania received a composite score of 778 out of 850, placing it in the "strong" band (740–799). This score reflects a provider that demonstrates solid operational and regulatory standing across the metrics Verdica tracks: financial health, complaint history, and regulatory action history.
A score in the strong band indicates the provider meets baseline compliance expectations and operates without significant red flags in the data available to regulators. This is above the "acceptable" threshold (670–739) but below the "excellent" range (800–850), meaning Insurance Producer 84 is performing reliably without exceptional distinction. Readers should interpret this as a provider suitable for standard business purposes, though not one with a pristine or exceptional record. The absence of independent customer reviews in Verdica's index means this assessment is based entirely on regulatory and financial data, not user experience.
For a business owner or consumer evaluating this provider, the 778 score suggests reasonable confidence in basic operational stability and regulatory compliance, but it also signals room for performance improvement in one or more measured dimensions.
How the sub-scores break down
Financial Strength: 700 This sub-score falls in the acceptable range, indicating Insurance Producer 84 maintains adequate financial reserves and solvency to meet its obligations. A score of 700 is not low, but it is the weakest of the three sub-scores, suggesting the provider's balance sheet or capital position warrants monitoring. In the insurance industry, financial strength directly affects an insurer's or producer's ability to pay claims and maintain operations during market stress. A score at this level does not signal distress but indicates this provider is not among the most capitalized operators in its category.
Complaints: 800 This sub-score sits in the excellent band and reflects a favorable complaint ratio relative to regulatory benchmarks. Insurance complaints tracked by the NAIC typically involve claim denials, delays, policy cancellations, rate disputes, and customer service failures. A score of 800 means Insurance Producer 84 has maintained a complaint rate below concerning thresholds, suggesting customers file relatively few formal complaints against the firm relative to its size or market activity. This is one of the provider's stronger dimensions.
Regulatory Actions: 850 This is the provider's highest sub-score and indicates a clean record of regulatory enforcement actions. Regulatory actions tracked by state insurance departments and the NAIC include license suspensions, fines, cease-and-desist orders, and compliance violations related to underwriting, marketing, or claims practices. A score of 850 means Insurance Producer 84 has either avoided enforcement action entirely or resolved any prior issues without ongoing regulatory sanctions. This is a significant positive indicator.
What regulators in PA track for insurance providers
Pennsylvania's insurance regulator, the Insurance Department, oversees all licensed producers and insurers through the NAIC complaint database and financial strength reporting systems. The NAIC complaint ratio measures formal consumer complaints filed with state regulators per the volume of business written or policies in force. High complaint ratios can trigger investigations into market conduct, claims handling practices, or unfair sales practices.
Financial strength ratings, often derived from statutory financial statements and stress-tested models, ensure providers maintain sufficient capital reserves to honor obligations. Regulators monitor loss ratios, premium growth, and liquidity to flag signs of insolvency risk.
Regulatory actions reflect the outcomes of state-level investigations, audits, or disciplinary proceedings. Common violations include failure to renew licenses, misrepresentation, advertising violations, or failure to comply with claims-handling timelines. The presence or absence of these actions significantly influences compliance scoring.
Bottom line
Insurance Producer 84 holds a solid regulatory standing with particular strength in complaints and regulatory history, though its financial metrics are merely adequate. Business owners or consumers should confirm the provider holds active licensing in PA, verify coverage details in writing, and cross-check specific policy terms before committing, as strong regulatory scores do not guarantee product fit or pricing competitiveness for individual needs.