D
New Jersey Skylands Ins Assn
Rating Date
April 2025
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
2024
299
104
403
25.81%
22.80%
2023
352
115
467
24.63%
22.83%
2022
443
167
610
27.38%
23.10%
2021
673
180
853
21.10%
22.81%
2020
798
257
1,055
24.36%
21.51%
2019
1,856
573
2,429
23.59%
22.66%
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
765
384
1,149
33.42%
39.63%
2023
910
399
1,309
30.48%
36.96%
2022
993
493
1,486
33.18%
37.07%
2021
1,934
1,286
3,220
39.94%
39.17%
2020
2,604
1,271
3,875
32.80%
35.42%
2019
2,411
1,252
3,663
34.18%
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
2023
0
0
0
0.00%
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
1
1
2
50.00%
16.90%
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
2024
171
117
288
40.63%
45.00%
2023
175
137
312
43.91%
44.64%
2022
224
154
378
40.74%
46.15%
2021
278
218
496
43.95%
46.87%
2020
436
330
766
43.08%
43.90%
2019
1,150
811
1,961
41.36%
42.09%