A
Northland Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.40
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
65.84%
Total
Assets
1.55B
Capital
564.23M
Net
Premiums
470.30M
Net
Income
3.89M
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
7,908
614
8,522
7.20%
23.31%
2023
8,495
672
9,167
7.33%
22.83%
2022
8,404
673
9,077
7.41%
23.10%
2021
7,517
576
8,093
7.12%
22.81%
2020
6,604
519
7,123
7.29%
21.51%
2019
7,925
685
8,610
7.96%
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
219
371
590
62.88%
47.44%
2023
227
352
579
60.79%
47.29%
2022
217
317
534
59.36%
45.44%
2021
221
271
492
55.08%
44.40%
2020
245
285
530
53.77%
42.45%
2019
365
341
706
48.30%
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
169
186
355
52.39%
41.75%
2023
189
181
370
48.92%
38.64%
2022
183
179
362
49.45%
39.39%
2021
204
215
419
51.31%
40.41%
2020
215
348
563
61.81%
48.09%
2019
230
402
632
63.61%
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
2,304
131
2,435
5.38%
39.58%
2023
2,506
167
2,673
6.25%
36.96%
2022
2,052
134
2,186
6.13%
37.07%
2021
2,175
158
2,333
6.77%
39.17%
2020
2,117
108
2,225
4.85%
35.42%
2019
1,758
87
1,845
4.72%
35.34%
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
2023
0
0
0
0.00%
92.52%
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
4
0
4
0.00%
81.35%
2023
3
0
3
0.00%
74.87%
2022
3
0
3
0.00%
72.69%
2021
3
0
3
0.00%
79.01%
2020
3
0
3
0.00%
80.13%
2019
3
0
3
0.00%
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
14
80
94
85.11%
12.20%
2023
12
71
83
85.54%
16.34%
2022
13
62
75
82.67%
11.13%
2021
13
34
47
72.34%
18.93%
2020
17
33
50
66.00%
20.93%
2019
24
66
90
73.33%
16.90%
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
1,204
315
1,519
20.74%
45.22%
2023
1,290
316
1,606
19.68%
44.64%
2022
1,206
344
1,550
22.19%
46.15%
2021
1,122
262
1,384
18.93%
46.87%
2020
1,055
195
1,250
15.60%
43.90%
2019
1,490
271
1,761
15.39%
42.09%
Product 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
0
0
0.00%
84.35%
2023
0
0
0
0.00%
68.07%
2022
0
0
0
0.00%
77.84%
2021
0
0
0
0.00%
84.45%
2020
0
0
0
0.00%
83.02%
2019
0
0
0
0.00%
81.57%
Product 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
3
3
100.00%
64.47%
2023
0
2
2
100.00%
62.55%
2022
0
1
1
100.00%
56.52%
2021
1
0
1
0.00%
62.74%
2020
0
2
2
100.00%
61.51%
2019
0
3
3
100.00%
70.02%
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
550
192
742
25.88%
35.33%
2023
567
194
761
25.49%
35.67%
2022
587
241
828
29.11%
37.14%
2021
574
110
684
16.08%
35.46%
2020
549
191
740
25.81%
33.86%
2019
806
132
938
14.07%
34.01%