A
Charter Oak Fire Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.70
Risk Adjusted
Capital Ratio #2
1.10
Loss
Ratio
65.84%
Total
Assets
1.32B
Capital
279.19M
Net
Premiums
489.58M
Net
Income
3.20M
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
8,228
640
8,868
7.22%
23.31%
2023
8,836
696
9,532
7.30%
22.83%
2022
8,751
701
9,452
7.42%
23.10%
2021
7,828
598
8,426
7.10%
22.81%
2020
6,871
539
7,410
7.27%
21.51%
2019
8,248
708
8,956
7.91%
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
226
384
610
62.95%
47.44%
2023
232
368
600
61.33%
47.29%
2022
223
330
553
59.67%
45.44%
2021
231
286
517
55.32%
44.40%
2020
253
296
549
53.92%
42.45%
2019
376
355
731
48.56%
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
176
193
369
52.30%
41.75%
2023
194
190
384
49.48%
38.64%
2022
191
187
378
49.47%
39.39%
2021
209
222
431
51.51%
40.41%
2020
223
361
584
61.82%
48.09%
2019
238
414
652
63.50%
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
2,400
135
2,535
5.33%
39.58%
2023
2,606
173
2,779
6.23%
36.96%
2022
2,138
139
2,277
6.10%
37.07%
2021
2,265
163
2,428
6.71%
39.17%
2020
2,203
112
2,315
4.84%
35.42%
2019
1,833
90
1,923
4.68%
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
1
5
20.00%
81.35%
2023
3
1
4
25.00%
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
83
97
85.57%
12.20%
2023
14
76
90
84.44%
16.34%
2022
14
64
78
82.05%
11.13%
2021
15
36
51
70.59%
18.93%
2020
17
36
53
67.92%
20.93%
2019
24
68
92
73.91%
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
1,251
329
1,580
20.82%
45.22%
2023
1,342
328
1,670
19.64%
44.64%
2022
1,254
356
1,610
22.11%
46.15%
2021
1,169
273
1,442
18.93%
46.87%
2020
1,097
203
1,300
15.62%
43.90%
2019
1,551
282
1,833
15.38%
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
578
200
778
25.71%
35.33%
2023
594
205
799
25.66%
35.67%
2022
608
251
859
29.22%
37.14%
2021
603
111
714
15.55%
35.46%
2020
578
195
773
25.23%
33.86%
2019
829
138
967
14.27%
34.01%