D
Alamance Farmers Mutl Ins Co
Graham,  NC
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.80
Risk Adjusted
Capital Ratio #2
0.50
Loss
Ratio
63.32%
Total
Assets
7.14M
Capital
1.81M
Net
Premiums
4.32M
Net
Income
-964.98K
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
2023
0
0
0
0.00%
38.64%
2022
1
0
1
0.00%
39.39%
2021
1
0
1
0.00%
40.41%
2020
2
4
6
66.67%
48.09%
2019
3
4
7
57.14%
43.30%
2018
8
3
11
27.27%
41.13%
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
2023
143
72
215
33.49%
36.96%
2022
277
16
293
5.46%
37.08%
2021
158
72
230
31.30%
39.17%
2020
168
100
268
37.31%
35.42%
2019
123
68
191
35.60%
35.34%
2018
249
19
268
7.09%
34.35%
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
13
1
14
7.14%
11.13%
2021
11
1
12
8.33%
18.93%
2020
0
0
0
0.00%
20.93%
2019
12
4
16
25.00%
16.90%
2018
21
10
31
32.26%
11.94%