C
Broome Co-operative Ins Co
VestalNY
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
24
27
51
52.94%
41.74%
2023
18
40
58
68.97%
38.64%
2022
39
36
75
48.00%
39.39%
2021
35
40
75
53.33%
40.41%
2020
22
41
63
65.08%
48.09%
2019
22
41
63
65.08%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
98
70
168
41.67%
39.58%
2023
71
86
157
54.78%
36.96%
2022
117
96
213
45.07%
37.07%
2021
91
76
167
45.51%
39.17%
2020
84
117
201
58.21%
35.42%
2019
106
109
215
50.70%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
12.32%
2023
0
1
1
100.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%