B
Millville Mutual Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.94
Risk Adjusted
Capital Ratio #2
3.87
Loss
Ratio
65.43%
Total
Assets
177.27M
Capital
118.14M
Net
Premiums
59.47M
Net
Income
5.86M
My Lists My Alerts
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
118
103
221
46.61%
42.44%
2024
130
90
220
40.91%
41.75%
2023
100
84
184
45.65%
38.64%
2022
109
82
191
42.93%
39.39%
2021
86
105
191
54.97%
40.41%
2020
107
77
184
41.85%
48.09%
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
1,030
649
1,679
38.65%
38.98%
2024
991
765
1,756
43.56%
39.58%
2023
1,127
612
1,739
35.19%
36.96%
2022
947
607
1,554
39.06%
37.07%
2021
1,034
730
1,764
41.38%
39.17%
2020
854
525
1,379
38.07%
35.42%
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
6
10
16
62.50%
13.25%
2024
4
7
11
63.64%
12.32%
2023
8
16
24
66.67%
16.34%
2022
8
11
19
57.89%
11.13%
2021
9
13
22
59.09%
18.93%
2020
10
10
20
50.00%
20.93%