B
Palisades Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
8.02
Risk Adjusted
Capital Ratio #2
4.33
Loss
Ratio
65.36%
Total
Assets
208.59M
Capital
134.36M
Net
Premiums
4.10M
Net
Income
8.06M
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
2025
8,721
4,740
13,461
35.21%
23.88%
2024
11,468
6,403
17,871
35.83%
23.31%
2023
13,149
7,485
20,634
36.28%
22.83%
2022
14,600
8,851
23,451
37.74%
23.10%
2021
15,769
8,825
24,594
35.88%
22.81%
2020
11,223
6,876
18,099
37.99%
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
149
221
370
59.73%
49.08%
2024
190
230
420
54.76%
47.46%
2023
162
208
370
56.22%
47.29%
2022
132
228
360
63.33%
45.44%
2021
154
296
450
65.78%
44.40%
2020
124
236
360
65.56%
42.45%
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
1
0
1
0.00%
39.58%
2023
2
2
4
50.00%
36.96%
2022
0
3
3
100.00%
37.07%
2021
7
9
16
56.25%
39.17%
2020
7
12
19
63.16%
35.42%
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
2023
0
1
1
100.00%
16.34%
2020
0
1
1
100.00%
20.93%
Private Passenger 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
3,108
8,650
11,758
73.57%
45.21%
2024
3,986
11,341
15,327
73.99%
45.23%
2023
4,207
13,091
17,298
75.68%
44.64%
2022
4,796
16,106
20,902
77.05%
46.15%
2021
5,617
19,083
24,700
77.26%
46.87%
2020
4,387
15,202
19,589
77.60%
43.90%