C
Piedmont Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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
8
2
10
20.00%
41.74%
2023
0
4
4
100.00%
38.64%
2022
8
4
12
33.33%
39.39%
2021
0
0
0
0.00%
40.41%
2020
0
0
0
0.00%
48.09%
2019
2
1
3
33.33%
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
87
79
166
47.59%
39.58%
2023
113
1
114
0.88%
36.96%
2022
68
46
114
40.35%
37.07%
2021
36
50
86
58.14%
39.17%
2020
81
93
174
53.45%
35.42%
2019
32
56
88
63.64%
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
0
0
0
0.00%
12.32%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
1
1
100.00%
20.93%
2019
0
0
0
0.00%
16.90%