C
Safety Specialty Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.70
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
75.22%
Total
Assets
174.48M
Capital
61.47M
Net
Premiums
10.93M
Net
Income
1.52M
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
2024
36
30
66
45.45%
41.75%
2023
113
80
193
41.45%
38.64%
2022
208
72
280
25.71%
39.39%
2021
434
124
558
22.22%
40.41%
2020
925
204
1,129
18.07%
48.09%
2019
516
114
630
18.10%
43.30%
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
4
2
6
33.33%
36.96%
2022
60
11
71
15.49%
37.07%
2021
78
16
94
17.02%
39.17%
2020
5
1
6
16.67%
35.42%
2019
6
9
15
60.00%
35.34%
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
2024
0
0
0
0.00%
81.35%
2023
1
44
45
97.78%
74.87%
2022
0
148
148
100.00%
72.69%
2021
0
237
237
100.00%
79.01%
2020
2
185
187
98.93%
80.13%
2019
0
194
194
100.00%
77.47%
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
2024
0
156
156
100.00%
12.20%
2023
1
237
238
99.58%
16.34%
2022
0
210
210
100.00%
11.13%
2021
0
176
176
100.00%
18.93%
2020
0
136
136
100.00%
20.93%
2019
0
138
138
100.00%
16.90%
Product 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
2024
0
0
0
0.00%
84.35%
2023
0
0
0
0.00%
68.07%
2022
0
0
0
0.00%
77.84%
2021
0
0
0
0.00%
84.45%
2020
0
0
0
0.00%
83.02%
2019
0
0
0
0.00%
81.57%
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
2024
0
0
0
0.00%
64.47%
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%