B
State Mutual Ins Co (ME)
Bedford,  NH
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
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
2025
116
19
135
14.07%
38.98%
2024
149
31
180
17.22%
39.58%
2023
160
33
193
17.10%
36.96%
2022
106
19
125
15.20%
37.07%
2021
130
33
163
20.25%
39.17%
2020
159
29
188
15.43%
35.42%