B
Independent Mutual Fire Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.54
Risk Adjusted
Capital Ratio #2
1.53
Loss
Ratio
62.04%
Total
Assets
71.31M
Capital
56.57M
Net
Premiums
5.12M
Net
Income
-436.47K
My Lists My Alerts
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
312
143
455
31.43%
39.58%
2023
67
64
131
48.85%
36.96%
2022
57
39
96
40.63%
37.07%
2021
10,835
7,213
18,048
39.97%
39.17%
2020
71
50
121
41.32%
35.42%
2019
28
20
48
41.67%
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
0
2
0.00%
12.32%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%