B
Canal Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
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
2025
1,395
1,210
2,605
46.45%
23.88%
2024
1,823
1,632
3,455
47.24%
23.31%
2023
1,796
1,420
3,216
44.15%
22.83%
2022
1,461
1,396
2,857
48.86%
23.10%
2021
1,227
1,253
2,480
50.52%
22.81%
2020
1,157
913
2,070
44.11%
21.51%
Commercial Auto Liability
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
2025
2,322
2,458
4,780
51.42%
49.08%
2024
2,677
2,873
5,550
51.77%
47.46%
2023
2,291
2,618
4,909
53.33%
47.29%
2022
1,947
2,805
4,752
59.03%
45.44%
2021
1,792
2,492
4,284
58.17%
44.40%
2020
1,699
1,712
3,411
50.19%
42.45%
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
2025
2
4
6
66.67%
13.25%
2024
0
3
3
100.00%
12.32%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
3
3
100.00%
18.93%
2020
0
2
2
100.00%
20.93%
Workers' Compensation
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
2022
0
0
0
0.00%
37.14%
2021
0
0
0
0.00%
35.46%
2020
0
0
0
0.00%
33.86%