B
Economy Fire & Casualty Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.20
Risk Adjusted
Capital Ratio #2
5.00
Loss
Ratio
--
Total
Assets
458.32M
Capital
353.47M
Net
Premiums
0.00
Net
Income
2.36M
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
72,767
16,684
89,451
18.65%
23.31%
2023
102
29
131
22.14%
22.83%
2022
96,736
14,283
111,019
12.87%
23.10%
2021
53,799
7,400
61,199
12.09%
22.81%
2020
37,429
4,714
42,143
11.19%
21.51%
2019
38,382
6,451
44,833
14.39%
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
2023
0
11
11
100.00%
47.29%
2021
50
12
62
19.35%
44.40%
2020
0
142
142
100.00%
42.45%
2019
17
243
260
93.46%
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
2023
0
2
2
100.00%
38.64%
2021
27
4
31
12.90%
40.41%
2020
0
56
56
100.00%
48.09%
2019
0
92
92
100.00%
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
7,196
5,047
12,243
41.22%
39.58%
2023
66
17
83
20.48%
36.96%
2022
6,741
2,520
9,261
27.21%
37.07%
2021
4,207
1,549
5,756
26.91%
39.17%
2020
3,655
1,072
4,727
22.68%
35.42%
2019
3,366
1,256
4,622
27.17%
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
2
3
5
60.00%
12.20%
2021
0
1
1
100.00%
18.93%
2020
1
0
1
0.00%
20.93%
Private Passenger 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
15,551
8,102
23,653
34.25%
45.22%
2023
879
-33
846
-3.90%
44.64%
2022
14,951
11,242
26,193
42.92%
46.15%
2021
9,571
5,575
15,146
36.81%
46.87%
2020
8,006
3,579
11,585
30.89%
43.90%
2019
10,845
4,765
15,610
30.53%
42.09%