C
Hereford Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.80
Risk Adjusted
Capital Ratio #2
0.60
Loss
Ratio
85.07%
Total
Assets
385.38M
Capital
66.95M
Net
Premiums
132.05M
Net
Income
8.99M
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
8
0
8
0.00%
22.80%
2023
20
4
24
16.67%
22.83%
2022
22
8
30
26.67%
23.10%
2021
23
9
32
28.13%
22.81%
2020
3
6
9
66.67%
21.51%
2019
35
9
44
20.45%
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
1,424
4,642
6,066
76.52%
47.78%
2023
1,085
5,303
6,388
83.02%
47.29%
2022
1,005
5,112
6,117
83.57%
45.44%
2021
820
4,615
5,435
84.91%
44.40%
2020
714
3,741
4,455
83.97%
42.45%
2019
1,366
7,165
8,531
83.99%
44.33%
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
18
20
38
52.63%
35.29%
2023
23
24
47
51.06%
35.67%
2022
37
20
57
35.09%
37.14%
2021
23
15
38
39.47%
35.46%
2020
36
20
56
35.71%
33.86%
2019
77
60
137
43.80%
34.01%