C
Summit Specialty Ins Co
Irving,  TX
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.51
Risk Adjusted
Capital Ratio #2
1.41
Loss
Ratio
77.15%
Total
Assets
269.56M
Capital
133.01M
Net
Premiums
36.00M
Net
Income
4.52M
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
2025
102
74
176
42.05%
23.88%
2024
93
94
187
50.27%
23.31%
2023
35
94
129
72.87%
22.83%
2022
3
1
4
25.00%
23.10%
2021
0
0
0
0.00%
22.81%
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
2025
99
151
250
60.40%
49.08%
2024
69
57
126
45.24%
47.46%
2023
24
57
81
70.37%
47.29%
2022
9
4
13
30.77%
45.44%
2021
0
0
0
0.00%
44.40%
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
2025
0
0
0
0.00%
42.44%
2024
4
0
4
0.00%
41.75%
2023
4
3
7
42.86%
38.64%
2022
3
0
3
0.00%
39.39%
2021
0
0
0
0.00%
40.41%
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
1,254
518
1,772
29.23%
38.98%
2024
2,030
805
2,835
28.40%
39.58%
2023
2,034
860
2,894
29.72%
36.96%
2022
1,418
756
2,174
34.77%
37.07%
2021
1,415
1,114
2,529
44.05%
39.17%
2020
1,572
741
2,313
32.04%
35.42%
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
2025
0
0
0
0.00%
83.87%
2024
1
0
1
0.00%
81.44%
2023
0
0
0
0.00%
74.87%
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
2025
11
22
33
66.67%
13.25%
2024
12
3
15
20.00%
12.32%
2023
4
4
8
50.00%
16.34%
2022
6
4
10
40.00%
11.13%
2021
4
4
8
50.00%
18.93%
2020
6
4
10
40.00%
20.93%
Product 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%
84.35%
2023
0
0
0
0.00%
68.07%
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%
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
2025
23
1
24
4.17%
34.83%
2024
5
2
7
28.57%
35.33%
2023
0
0
0
0.00%
35.67%