C
LA Farm Bureau Mutual Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.60
Risk Adjusted
Capital Ratio #2
1.10
Loss
Ratio
89.35%
Total
Assets
220.22M
Capital
95.36M
Net
Premiums
101.30M
Net
Income
1.33M
My Lists My Alerts
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
819
0
819
0.00%
23.31%
2023
1,005
0
1,005
0.00%
22.83%
2022
1,111
0
1,111
0.00%
23.10%
2021
1,680
0
1,680
0.00%
22.81%
2020
1,577
0
1,577
0.00%
21.51%
2019
1,794
0
1,794
0.00%
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
72
0
72
0.00%
47.44%
2023
103
0
103
0.00%
47.29%
2022
89
0
89
0.00%
45.44%
2021
101
0
101
0.00%
44.40%
2020
98
0
98
0.00%
42.45%
2019
85
0
85
0.00%
44.33%
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
30
8
38
21.05%
41.75%
2023
35
6
41
14.63%
38.64%
2022
30
8
38
21.05%
39.39%
2021
32
28
60
46.67%
40.41%
2020
67
27
94
28.72%
48.09%
2019
43
20
63
31.75%
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
2024
2,154
828
2,982
27.77%
39.58%
2023
2,187
732
2,919
25.08%
36.96%
2022
1,928
578
2,506
23.06%
37.07%
2021
3,811
3,406
7,217
47.19%
39.17%
2020
5,481
3,610
9,091
39.71%
35.42%
2019
3,201
1,182
4,383
26.97%
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
0
4
4
100.00%
12.20%
2023
0
2
2
100.00%
16.34%
2021
0
6
6
100.00%
18.93%
2020
0
1
1
100.00%
20.93%
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
137
0
137
0.00%
45.22%
2023
239
0
239
0.00%
44.64%
2022
300
0
300
0.00%
46.15%
2021
363
0
363
0.00%
46.87%
2020
405
0
405
0.00%
43.90%
2019
626
0
626
0.00%
42.09%