C
New York Municipal Ins Recpl
Albany,  NY
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.85
Risk Adjusted
Capital Ratio #2
1.35
Loss
Ratio
74.12%
Total
Assets
283.74M
Capital
87.99M
Net
Premiums
76.30M
Net
Income
-7.53M
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
535
107
642
16.67%
23.31%
2023
484
127
611
20.79%
22.83%
2022
487
106
593
17.88%
23.10%
2021
431
132
563
23.45%
22.81%
2020
457
100
557
17.95%
21.51%
2019
571
126
697
18.08%
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
332
373
705
52.91%
47.45%
2023
256
376
632
59.49%
47.29%
2022
287
463
750
61.73%
45.44%
2021
262
445
707
62.94%
44.40%
2020
235
366
601
60.90%
42.45%
2019
384
571
955
59.79%
44.33%
Medical Professional 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
1
1
100.00%
96.09%
2023
0
0
0
0.00%
95.22%
2022
0
1
1
100.00%
96.00%
2021
1
3
4
75.00%
93.58%
2020
0
3
3
100.00%
94.02%
2019
0
2
2
100.00%
94.59%
Medical Professional 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%
92.29%
2023
0
0
0
0.00%
92.52%
2022
0
0
0
0.00%
92.14%
2021
0
3
3
100.00%
91.74%
2020
0
0
0
0.00%
93.85%
2019
0
0
0
0.00%
93.92%
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
2024
16
121
137
88.32%
81.44%
2023
12
130
142
91.55%
74.87%
2022
9
130
139
93.53%
72.69%
2021
5
107
112
95.54%
79.01%
2020
8
102
110
92.73%
80.13%
2019
18
122
140
87.14%
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
98
470
568
82.75%
12.32%
2023
78
446
524
85.11%
16.34%
2022
102
524
626
83.71%
11.13%
2021
101
441
542
81.37%
18.93%
2020
76
389
465
83.66%
20.93%
2019
121
493
614
80.29%
16.90%