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Employer Identification Number 46-1056754

CHESAPEAKE EMPLOYERS INSURANCE COMPANY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:CHESAPEAKE EMPLOYERS INSURANCE COMPANY
Employer identification number (EIN):46-1056754
EIN Issuing AuthorityInternet
NAIC Classification:524150
401k Pension/Benefits registration CHESAPEAKE EMPLOYERS INSURANCE COMPANY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMaryland, MD

Organization Overview

Mission StatementCHESAPEAKE EMPLOYERS' INSURANCE COMPANY WAS ESTABLISHED BY STATUTE TO BE THE WORKERS' COMPENSATION INSURER OF LAST RESORT AS WELL AS A COMPETITIVE INSURER IN THE STATE OF MARYLAND.
Number of Employees248
Number of Volunteers0
Year Formed2012

Organization Governance

Legal DomicileMD
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 169,321,067
Program Service Revenue from current yearUSD $ 91,457,426
Investment Income from prior yearUSD $ 167,646,106
Investment Income from current yearUSD $ 42,411,194
Other Revenue from prior yearUSD $ 103,572
Other Revenue from current yearUSD $ 1,005,672
Gross receipts from all sourcesUSD $ 705,509,490
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 1,137,532,044
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 1,374,799,656
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 2,512,331,700
Revenues less expenses for current yearUSD $ 33,642,431
Revenues less expenses for previous yearUSD $ 127,364,443
Total expenses for current yearUSD $ 101,231,861
Total expenses for previous yearUSD $ 209,706,302
Other expenses in current yearUSD $ 81,057,645
Other expenses in previous yearUSD $ 168,464,787
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,047,890
Employee salary and benefits paid in previous yearUSD $ 40,939,190
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 126,326
Grants and similar amounts paid in previous yearUSD $ 302,325
Total revenue in current fiscal yearUSD $ 134,874,292
Total revenue in previous fiscal yearUSD $ 337,070,745
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,005,672
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 187,940,432
Program Service Revenue from current yearUSD $ 169,321,067
Investment Income from prior yearUSD $ 105,713,808
Investment Income from current yearUSD $ 167,646,106
Other Revenue from prior yearUSD $ 53,274
Other Revenue from current yearUSD $ 103,572
Gross receipts from all sourcesUSD $ 1,883,950,808
Net assets / fund balances at end of fiscal yearUSD $ 1,137,532,044
Net assets / fund balances at beginning of fiscal yearUSD $ 1,032,995,134
Total liabilities at end of fiscal yearUSD $ 1,374,799,656
Total liabilities at beginning of fiscal yearUSD $ 1,395,638,549
Total assets at end of fiscal yearUSD $ 2,512,331,700
Total assets at beginning of fiscal yearUSD $ 2,428,633,683
Revenues less expenses for current yearUSD $ 127,364,443
Revenues less expenses for previous yearUSD $ 84,115,909
Total expenses for current yearUSD $ 209,706,302
Total expenses for previous yearUSD $ 209,591,605
Other expenses in current yearUSD $ 168,464,787
Other expenses in previous yearUSD $ 170,468,166
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 40,939,190
Employee salary and benefits paid in previous yearUSD $ 39,089,239
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 302,325
Grants and similar amounts paid in previous yearUSD $ 34,200
Total revenue in current fiscal yearUSD $ 337,070,745
Total revenue in previous fiscal yearUSD $ 293,707,514
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 103,572
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 206,032,392
Program Service Revenue from current yearUSD $ 187,940,432
Investment Income from prior yearUSD $ 137,612,166
Investment Income from current yearUSD $ 105,713,808
Other Revenue from prior yearUSD $ 81,001
Other Revenue from current yearUSD $ 53,274
Gross receipts from all sourcesUSD $ 698,225,548
Net assets / fund balances at end of fiscal yearUSD $ 1,032,995,134
Net assets / fund balances at beginning of fiscal yearUSD $ 912,049,720
Total liabilities at end of fiscal yearUSD $ 1,395,638,549
Total liabilities at beginning of fiscal yearUSD $ 1,465,971,919
Total assets at end of fiscal yearUSD $ 2,428,633,683
Total assets at beginning of fiscal yearUSD $ 2,378,021,639
Revenues less expenses for current yearUSD $ 84,115,909
Revenues less expenses for previous yearUSD $ 155,997,560
Total expenses for current yearUSD $ 209,591,605
Total expenses for previous yearUSD $ 187,727,999
Other expenses in current yearUSD $ 170,468,166
Other expenses in previous yearUSD $ 149,631,369
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 39,089,239
Employee salary and benefits paid in previous yearUSD $ 38,083,780
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 34,200
Grants and similar amounts paid in previous yearUSD $ 12,850
Total revenue in current fiscal yearUSD $ 293,707,514
Total revenue in previous fiscal yearUSD $ 343,725,559
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 53,274
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 215,009,895
Program Service Revenue from current yearUSD $ 206,032,392
Investment Income from prior yearUSD $ 113,383,667
Investment Income from current yearUSD $ 137,612,166
Other Revenue from prior yearUSD $ 94,151
Other Revenue from current yearUSD $ 81,001
Gross receipts from all sourcesUSD $ 748,243,593
Net assets / fund balances at end of fiscal yearUSD $ 912,049,720
Net assets / fund balances at beginning of fiscal yearUSD $ 763,420,124
Total liabilities at end of fiscal yearUSD $ 1,465,971,919
Total liabilities at beginning of fiscal yearUSD $ 1,508,257,614
Total assets at end of fiscal yearUSD $ 2,378,021,639
Total assets at beginning of fiscal yearUSD $ 2,271,677,738
Revenues less expenses for current yearUSD $ 155,997,560
Revenues less expenses for previous yearUSD $ 89,293,329
Total expenses for current yearUSD $ 187,727,999
Total expenses for previous yearUSD $ 239,194,384
Other expenses in current yearUSD $ 149,631,369
Other expenses in previous yearUSD $ 201,912,955
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 38,083,780
Employee salary and benefits paid in previous yearUSD $ 37,263,569
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 12,850
Grants and similar amounts paid in previous yearUSD $ 17,860
Total revenue in current fiscal yearUSD $ 343,725,559
Total revenue in previous fiscal yearUSD $ 328,487,713
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 81,001
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 36,396
Program Service Revenue from prior yearUSD $ 225,538,520
Program Service Revenue from current yearUSD $ 215,009,895
Investment Income from prior yearUSD $ 122,705,305
Investment Income from current yearUSD $ 113,383,667
Other Revenue from prior yearUSD $ 72,895
Other Revenue from current yearUSD $ 94,151
Gross receipts from all sourcesUSD $ 807,122,464
Net assets / fund balances at end of fiscal yearUSD $ 763,420,124
Net assets / fund balances at beginning of fiscal yearUSD $ 695,270,413
Total liabilities at end of fiscal yearUSD $ 1,508,257,614
Total liabilities at beginning of fiscal yearUSD $ 1,622,524,174
Total assets at end of fiscal yearUSD $ 2,271,677,738
Total assets at beginning of fiscal yearUSD $ 2,317,794,587
Revenues less expenses for current yearUSD $ 89,293,329
Revenues less expenses for previous yearUSD $ 140,559,270
Total expenses for current yearUSD $ 239,194,384
Total expenses for previous yearUSD $ 207,757,450
Other expenses in current yearUSD $ 201,912,955
Other expenses in previous yearUSD $ 174,287,084
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 37,263,569
Employee salary and benefits paid in previous yearUSD $ 33,377,031
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 17,860
Grants and similar amounts paid in previous yearUSD $ 93,335
Total revenue in current fiscal yearUSD $ 328,487,713
Total revenue in previous fiscal yearUSD $ 348,316,720
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 94,151
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 237,646,694
Program Service Revenue from current yearUSD $ 225,538,520
Investment Income from prior yearUSD $ 107,001,658
Investment Income from current yearUSD $ 122,705,305
Other Revenue from prior yearUSD $ 593,669
Other Revenue from current yearUSD $ 72,895
Gross receipts from all sourcesUSD $ 860,734,959
Net assets / fund balances at end of fiscal yearUSD $ 695,270,413
Net assets / fund balances at beginning of fiscal yearUSD $ 541,930,167
Total liabilities at end of fiscal yearUSD $ 1,622,524,174
Total liabilities at beginning of fiscal yearUSD $ 1,669,065,290
Total assets at end of fiscal yearUSD $ 2,317,794,587
Total assets at beginning of fiscal yearUSD $ 2,210,995,457
Revenues less expenses for current yearUSD $ 140,559,270
Revenues less expenses for previous yearUSD $ 81,491,926
Total expenses for current yearUSD $ 207,757,450
Total expenses for previous yearUSD $ 263,750,095
Other expenses in current yearUSD $ 174,287,084
Other expenses in previous yearUSD $ 229,476,107
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 33,377,031
Employee salary and benefits paid in previous yearUSD $ 33,523,988
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 93,335
Grants and similar amounts paid in previous yearUSD $ 750,000
Total revenue in current fiscal yearUSD $ 348,316,720
Total revenue in previous fiscal yearUSD $ 345,242,021
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 72,895
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 234,147,028
Program Service Revenue from current yearUSD $ 237,646,694
Investment Income from prior yearUSD $ 87,346,245
Investment Income from current yearUSD $ 107,001,658
Other Revenue from prior yearUSD $ 2,501
Other Revenue from current yearUSD $ 593,669
Gross receipts from all sourcesUSD $ 1,016,420,595
Net assets / fund balances at end of fiscal yearUSD $ 541,930,167
Net assets / fund balances at beginning of fiscal yearUSD $ 465,274,866
Total liabilities at end of fiscal yearUSD $ 1,669,065,290
Total liabilities at beginning of fiscal yearUSD $ 1,604,778,225
Total assets at end of fiscal yearUSD $ 2,210,995,457
Total assets at beginning of fiscal yearUSD $ 2,070,053,091
Revenues less expenses for current yearUSD $ 81,491,926
Revenues less expenses for previous yearUSD $ 85,405,505
Total expenses for current yearUSD $ 263,750,095
Total expenses for previous yearUSD $ 236,090,269
Other expenses in current yearUSD $ 229,476,107
Other expenses in previous yearUSD $ 197,628,759
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 33,523,988
Employee salary and benefits paid in previous yearUSD $ 38,064,330
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 750,000
Grants and similar amounts paid in previous yearUSD $ 397,180
Total revenue in current fiscal yearUSD $ 345,242,021
Total revenue in previous fiscal yearUSD $ 321,495,774
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 593,669
2015-12-31
Total unrelated business incomeUSD $ 6,877
Net unrelated business incomeUSD $ 4,877
Program Service Revenue from prior yearUSD $ 228,711,230
Program Service Revenue from current yearUSD $ 234,147,028
Investment Income from prior yearUSD $ 93,507,680
Investment Income from current yearUSD $ 87,346,245
Other Revenue from prior yearUSD $ 653,179
Other Revenue from current yearUSD $ 2,501
Gross receipts from all sourcesUSD $ 707,618,725
Net assets / fund balances at end of fiscal yearUSD $ 465,274,866
Net assets / fund balances at beginning of fiscal yearUSD $ 392,091,975
Total liabilities at end of fiscal yearUSD $ 1,604,778,225
Total liabilities at beginning of fiscal yearUSD $ 1,606,143,006
Total assets at end of fiscal yearUSD $ 2,070,053,091
Total assets at beginning of fiscal yearUSD $ 1,998,234,981
Revenues less expenses for current yearUSD $ 85,405,505
Revenues less expenses for previous yearUSD $ 49,914,876
Total expenses for current yearUSD $ 236,090,269
Total expenses for previous yearUSD $ 272,957,213
Other expenses in current yearUSD $ 197,628,759
Other expenses in previous yearUSD $ 222,273,780
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 38,064,330
Employee salary and benefits paid in previous yearUSD $ 50,568,433
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 397,180
Grants and similar amounts paid in previous yearUSD $ 115,000
Total revenue in current fiscal yearUSD $ 321,495,774
Total revenue in previous fiscal yearUSD $ 322,872,089
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 2,501
2014-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 56,547,698
Program Service Revenue from current yearUSD $ 228,711,230
Investment Income from prior yearUSD $ 16,953,345
Investment Income from current yearUSD $ 93,507,680
Other Revenue from prior yearUSD $ 187,107
Other Revenue from current yearUSD $ 653,179
Gross receipts from all sourcesUSD $ 633,453,862
Net assets / fund balances at end of fiscal yearUSD $ 392,091,975
Net assets / fund balances at beginning of fiscal yearUSD $ 340,729,185
Total liabilities at end of fiscal yearUSD $ 1,606,143,006
Total liabilities at beginning of fiscal yearUSD $ 1,528,170,409
Total assets at end of fiscal yearUSD $ 1,998,234,981
Total assets at beginning of fiscal yearUSD $ 1,868,899,594
Revenues less expenses for current yearUSD $ 49,914,876
Revenues less expenses for previous yearUSD $ -3,811,589
Total expenses for current yearUSD $ 272,957,213
Total expenses for previous yearUSD $ 77,499,739
Other expenses in current yearUSD $ 222,273,780
Other expenses in previous yearUSD $ 50,759,237
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 50,568,433
Employee salary and benefits paid in previous yearUSD $ 26,740,502
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 115,000
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 322,872,089
Total revenue in previous fiscal yearUSD $ 73,688,150
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 653,179

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 461056754

USA Mailing Address
8722 LOCH RAVEN BOULEVARD
TOWSON
MD
212862235
Date first seen: 2014-10-14
Date last seen: 2025-12-02
USA Mailing Address
8722 LOCH RAVEN BOULEVARD
TOWSON
MD
21286
Date first seen: 2008-01-01
Date last seen: 2025-12-04

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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