B
Wayne Mutual Ins Co
Wooster,  OH
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.80
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
69.40%
Total
Assets
163.23M
Capital
72.45M
Net
Premiums
122.39M
Net
Income
4.67M
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
3,117
291
3,408
8.54%
22.80%
2023
2,496
207
2,703
7.66%
22.83%
2022
1,412
168
1,580
10.63%
23.10%
2021
1,142
133
1,275
10.43%
22.81%
2020
1,204
119
1,323
8.99%
21.51%
2019
2,145
225
2,370
9.49%
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
35
5
40
12.50%
47.78%
2023
45
6
51
11.76%
47.29%
2022
42
5
47
10.64%
45.44%
2021
39
2
41
4.88%
44.40%
2020
44
5
49
10.20%
42.45%
2019
32
7
39
17.95%
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
131
59
190
31.05%
41.49%
2023
230
76
306
24.84%
38.64%
2022
153
76
229
33.19%
39.39%
2021
93
65
158
41.14%
40.41%
2020
135
86
221
38.91%
48.09%
2019
127
73
200
36.50%
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
1,117
329
1,446
22.75%
39.63%
2023
1,495
348
1,843
18.88%
36.96%
2022
1,171
316
1,487
21.25%
37.07%
2021
777
312
1,089
28.65%
39.17%
2020
852
354
1,206
29.35%
35.42%
2019
935
385
1,320
29.17%
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
9
8
17
47.06%
12.77%
2023
8
4
12
33.33%
16.34%
2022
9
4
13
30.77%
11.13%
2021
9
8
17
47.06%
18.93%
2020
3
15
18
83.33%
20.93%
2019
9
11
20
55.00%
16.90%
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
631
106
737
14.38%
45.00%
2023
474
79
553
14.29%
44.64%
2022
451
82
533
15.38%
46.15%
2021
356
53
409
12.96%
46.87%
2020
440
35
475
7.37%
43.90%
2019
386
68
454
14.98%
42.09%