C
Madison Mutual Ins Co (NY)
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.54
Risk Adjusted
Capital Ratio #2
2.42
Loss
Ratio
59.96%
Total
Assets
24.10M
Capital
14.68M
Net
Premiums
4.05M
Net
Income
-312.09K
My Lists My Alerts
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
52
61
113
53.98%
41.74%
2023
34
46
80
57.50%
38.64%
2022
39
30
69
43.48%
39.39%
2021
38
23
61
37.70%
40.41%
2020
29
53
82
64.63%
48.09%
2019
30
25
55
45.45%
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
57
22
79
27.85%
39.58%
2023
31
19
50
38.00%
36.96%
2022
40
19
59
32.20%
37.07%
2021
49
31
80
38.75%
39.17%
2020
48
24
72
33.33%
35.42%
2019
57
24
81
29.63%
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
0
1
1
100.00%
12.32%
2023
0
1
1
100.00%
16.34%
2022
0
1
1
100.00%
11.13%
2021
1
1
2
50.00%
18.93%
2020
1
1
2
50.00%
20.93%
2019
0
0
0
0.00%
16.90%