B
Farmers Ins Co of Flemington
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.10
Loss
Ratio
82.81%
Total
Assets
72.24M
Capital
39.35M
Net
Premiums
15.85M
Net
Income
-2.79M
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
2023
4
2
6
33.33%
22.82%
2022
11
1
12
8.33%
23.10%
2021
0
0
0
0.00%
22.81%
2020
0
0
0
0.00%
21.51%
2019
0
0
0
0.00%
22.66%
2018
0
0
0
0.00%
21.92%
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
2023
1
2
3
66.67%
47.27%
2022
17
3
20
15.00%
45.41%
2021
14
5
19
26.32%
44.40%
2020
12
4
16
25.00%
42.42%
2019
10
6
16
37.50%
44.33%
2018
13
3
16
18.75%
44.16%
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
2023
37
30
67
44.78%
38.64%
2022
88
60
148
40.54%
39.39%
2021
87
76
163
46.63%
40.41%
2020
99
124
223
55.61%
48.09%
2019
0
46
46
100.00%
43.30%
2018
84
43
127
33.86%
41.13%
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
2023
174
75
249
30.12%
36.96%
2022
329
90
419
21.48%
37.08%
2021
312
115
427
26.93%
39.17%
2020
369
142
511
27.79%
35.42%
2019
28
11
39
28.21%
35.34%
2018
370
143
513
27.88%
34.35%
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
2023
0
0
0
0.00%
16.34%
2022
2
2
4
50.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%
2018
6
1
7
14.29%
11.94%
Product 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
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
2018
0
0
0
0.00%
70.45%
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
2023
1
0
1
0.00%
35.70%
2022
4
3
7
42.86%
37.14%
2021
3
0
3
0.00%
35.46%
2020
4
0
4
0.00%
33.86%
2019
4
0
4
0.00%
34.01%
2018
6
1
7
14.29%
32.34%