B
Cherokee Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.43
Risk Adjusted
Capital Ratio #2
2.13
Loss
Ratio
90.28%
Total
Assets
910.08M
Capital
378.99M
Net
Premiums
143.60M
Net
Income
23.61M
My Lists My Alerts
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
2024
394
160
554
28.88%
23.31%
2023
390
166
556
29.86%
22.83%
2022
533
278
811
34.28%
23.10%
2021
593
296
889
33.30%
22.81%
2020
571
400
971
41.19%
21.51%
2019
683
428
1,111
38.52%
22.66%
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
2024
2,301
2,302
4,603
50.01%
47.45%
2023
2,424
2,335
4,759
49.06%
47.29%
2022
2,647
2,766
5,413
51.10%
45.44%
2021
2,702
3,077
5,779
53.24%
44.40%
2020
2,563
2,499
5,062
49.37%
42.45%
2019
3,047
2,929
5,976
49.01%
44.33%
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
46
72
118
61.02%
12.32%
2023
26
45
71
63.38%
16.34%
2022
42
31
73
42.47%
11.13%
2021
50
32
82
39.02%
18.93%
2020
48
57
105
54.29%
20.93%
2019
39
49
88
55.68%
16.90%
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
2024
727
493
1,220
40.41%
35.33%
2023
779
499
1,278
39.05%
35.67%
2022
736
458
1,194
38.36%
37.14%
2021
737
376
1,113
33.78%
35.46%
2020
541
362
903
40.09%
33.86%
2019
694
384
1,078
35.62%
34.01%