B
Clear Spring P&C Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.20
Risk Adjusted
Capital Ratio #2
1.10
Loss
Ratio
93.83%
Total
Assets
664.12M
Capital
202.21M
Net
Premiums
35.88M
Net
Income
321.56K
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
59
9
68
13.24%
22.80%
2023
71
4
75
5.33%
22.83%
2022
1
0
1
0.00%
23.10%
2021
732
396
1,128
35.11%
22.81%
2020
2,279
1,793
4,072
44.03%
21.51%
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
24
16
40
40.00%
47.78%
2023
19
15
34
44.12%
47.29%
2022
9
7
16
43.75%
45.44%
2021
12
6
18
33.33%
44.40%
2020
2
0
2
0.00%
42.45%
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
19
13
32
40.63%
41.49%
2023
15
13
28
46.43%
38.64%
2022
6
13
19
68.42%
39.39%
2021
0
0
0
0.00%
40.41%
2020
101
62
163
38.04%
48.09%
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%
81.20%
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
14
6
20
30.00%
12.77%
2023
7
10
17
58.82%
16.34%
2022
11
12
23
52.17%
11.13%
2021
0
0
0
0.00%
18.93%
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
83
254
337
75.37%
45.00%
2023
59
849
908
93.50%
44.64%
2022
774
918
1,692
54.26%
46.15%
2021
817
969
1,786
54.26%
46.87%
2020
4,137
2,610
6,747
38.68%
43.90%
2019
0
0
0
0.00%
42.09%
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
418
102
520
19.62%
35.29%
2023
311
334
645
51.78%
35.67%
2022
445
274
719
38.11%
37.14%
2021
896
433
1,329
32.58%
35.46%
2020
1,002
281
1,283
21.90%
33.86%
2019
0
0
0
0.00%
34.01%