E
Adirondack Ins Exchange
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
-0.80
Risk Adjusted
Capital Ratio #2
-0.60
Loss
Ratio
-3,040.71%
Total
Assets
70.72M
Capital
-39.64M
Net
Premiums
-1.39M
Net
Income
-21.89M
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
0
0
0
0.00%
23.88%
2024
7,047
953
8,000
11.91%
23.31%
2023
9,648
1,448
11,096
13.05%
22.83%
2022
11,479
1,721
13,200
13.04%
23.10%
2021
11,463
1,820
13,283
13.70%
22.81%
2020
9,531
1,665
11,196
14.87%
21.51%
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
2025
4
1
5
20.00%
38.98%
2024
2,327
1,278
3,605
35.45%
39.58%
2023
2,720
1,701
4,421
38.48%
36.96%
2022
3,437
199
3,636
5.47%
37.07%
2021
5,594
3,799
9,393
40.45%
39.17%
2020
6,919
3,645
10,564
34.50%
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
2025
0
0
0
0.00%
13.25%
2024
0
1
1
100.00%
12.32%
2023
0
4
4
100.00%
16.34%
2022
0
2
2
100.00%
11.13%
2021
0
4
4
100.00%
18.93%
2020
0
7
7
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
0
0
0
0.00%
45.21%
2024
2,012
1,426
3,438
41.48%
45.23%
2023
2,643
1,857
4,500
41.27%
44.64%
2022
2,836
2,039
4,875
41.83%
46.15%
2021
3,247
2,340
5,587
41.88%
46.87%
2020
3,557
2,218
5,775
38.41%
43.90%