B
Farmers Mutual Ins Co of NE
LincolnNE
Rating Date
October 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
24,364
1,361
25,725
5.29%
23.31%
2023
25,889
1,582
27,471
5.76%
22.83%
2022
27,545
1,436
28,981
4.95%
23.10%
2021
23,105
1,421
24,526
5.79%
22.81%
2020
21,069
932
22,001
4.24%
21.51%
2019
25,013
1,618
26,631
6.08%
22.66%
Commercial 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
30
9
39
23.08%
47.45%
2023
22
11
33
33.33%
47.29%
2022
25
13
38
34.21%
45.44%
2021
26
8
34
23.53%
44.40%
2020
40
11
51
21.57%
42.45%
2019
28
12
40
30.00%
44.33%
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
8,633
2,186
10,819
20.21%
39.58%
2023
7,500
2,436
9,936
24.52%
36.96%
2022
11,594
3,195
14,789
21.60%
37.07%
2021
7,813
2,963
10,776
27.50%
39.17%
2020
7,760
3,067
10,827
28.33%
35.42%
2019
8,669
4,110
12,779
32.16%
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
2024
11
7
18
38.89%
12.32%
2023
12
6
18
33.33%
16.34%
2022
9
6
15
40.00%
11.13%
2021
13
7
20
35.00%
18.93%
2020
15
13
28
46.43%
20.93%
2019
12
9
21
42.86%
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
2,121
468
2,589
18.08%
45.22%
2023
2,302
509
2,811
18.11%
44.64%
2022
2,191
506
2,697
18.76%
46.15%
2021
2,341
519
2,860
18.15%
46.87%
2020
1,969
467
2,436
19.17%
43.90%
2019
2,617
543
3,160
17.18%
42.09%