C
MEMIC Casualty Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Workers' Compensation
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
1,211
1,709
2,920
58.53%
35.33%
2023
1,199
1,518
2,717
55.87%
35.67%
2022
1,200
1,773
2,973
59.64%
37.14%
2021
1,467
1,548
3,015
51.34%
35.46%
2020
973
1,535
2,508
61.20%
33.86%
2019
957
1,248
2,205
56.60%
34.01%