A
BITCO National Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.34
Risk Adjusted
Capital Ratio #2
3.14
Loss
Ratio
37.44%
Total
Assets
191.89M
Capital
99.54M
Net
Premiums
27.74M
Net
Income
9.44M
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
16
4
20
20.00%
23.31%
2023
23
7
30
23.33%
22.83%
2022
35
10
45
22.22%
23.10%
2021
26
7
33
21.21%
22.81%
2020
92
26
118
22.03%
21.51%
2019
190
54
244
22.13%
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
13
6
19
31.58%
47.45%
2023
18
9
27
33.33%
47.29%
2022
29
14
43
32.56%
45.44%
2021
34
17
51
33.33%
44.40%
2020
81
39
120
32.50%
42.45%
2019
163
81
244
33.20%
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
42
29
71
40.85%
41.74%
2023
50
35
85
41.18%
38.64%
2022
77
54
131
41.22%
39.39%
2021
83
57
140
40.71%
40.41%
2020
156
109
265
41.13%
48.09%
2019
618
448
1,066
42.03%
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
2019
4
10
14
71.43%
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
2023
1
1
2
50.00%
16.34%
2022
1
1
2
50.00%
11.13%
2021
1
1
2
50.00%
18.93%
2020
3
2
5
40.00%
20.93%
2019
4
4
8
50.00%
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
157
28
185
15.14%
35.33%
2023
218
39
257
15.18%
35.67%
2022
278
49
327
14.98%
37.14%
2021
290
51
341
14.96%
35.46%
2020
302
49
351
13.96%
33.86%
2019
388
63
451
13.97%
34.01%