C
ARECA Ins Exchange
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
9.81
Risk Adjusted
Capital Ratio #2
5.86
Loss
Ratio
69.03%
Total
Assets
36.79M
Capital
28.57M
Net
Premiums
4.25M
Net
Income
1.66M
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
1
0
1
0.00%
23.31%
2023
1
0
1
0.00%
22.83%
2022
1
4
5
80.00%
23.10%
2021
0
0
0
0.00%
22.81%
2020
1
0
1
0.00%
21.51%
2019
1
2
3
66.67%
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
2
2
4
50.00%
47.45%
2023
3
1
4
25.00%
47.29%
2022
3
2
5
40.00%
45.44%
2021
3
0
3
0.00%
44.40%
2020
1
2
3
66.67%
42.45%
2019
0
0
0
0.00%
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
0
0
0
0.00%
41.74%
2023
0
0
0
0.00%
38.64%
2022
0
0
0
0.00%
39.39%
2021
0
0
0
0.00%
40.41%
2020
0
0
0
0.00%
48.09%
2019
0
0
0
0.00%
43.30%
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
2023
0
0
0
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
0
0
0
0.00%
79.01%
2019
0
0
0
0.00%
77.47%
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
17
61
78
78.21%
12.32%
2023
22
36
58
62.07%
16.34%
2022
22
36
58
62.07%
11.13%
2021
15
44
59
74.58%
18.93%
2020
23
28
51
54.90%
20.93%
2019
6
39
45
86.67%
16.90%
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
28
68
96
70.83%
35.33%
2023
23
42
65
64.62%
35.67%
2022
16
54
70
77.14%
37.14%
2021
22
67
89
75.28%
35.46%
2020
20
52
72
72.22%
33.86%
2019
15
50
65
76.92%
34.01%