B
Covington Specialty Ins Co
Atlanta,  GA
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.30
Risk Adjusted
Capital Ratio #2
2.20
Loss
Ratio
36.10%
Total
Assets
191.73M
Capital
70.30M
Net
Premiums
22.29M
Net
Income
8.71M
My Lists My Alerts
Commercial Multiple Peril
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
296
306
602
50.83%
42.44%
2024
359
384
743
51.68%
41.75%
2023
363
330
693
47.62%
38.64%
2022
339
346
685
50.51%
39.39%
2021
472
446
918
48.58%
40.41%
2020
434
584
1,018
57.37%
48.09%
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
22
24
46
52.17%
38.98%
2024
15
24
39
61.54%
39.58%
Medical Professional Liability (Claims Made)
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%
95.22%
Other Liability: Claims Made
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
79
79
100.00%
83.87%
2024
0
20
20
100.00%
81.44%
2023
0
0
0
0.00%
74.87%
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
30
183
213
85.92%
13.25%
2024
37
150
187
80.21%
12.32%
2023
48
158
206
76.70%
16.34%
2022
49
132
181
72.93%
11.13%
2021
63
202
265
76.23%
18.93%
2020
137
243
380
63.95%
20.93%
Product 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
1
3
4
75.00%
63.59%
2024
3
3
6
50.00%
63.97%
2023
0
5
5
100.00%
62.55%
2022
0
5
5
100.00%
56.52%
2021
2
9
11
81.82%
62.74%
2020
2
9
11
81.82%
61.51%