C
Farmers Mutual of Tennessee
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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
5
1
6
16.67%
41.74%
2023
8
5
13
38.46%
38.64%
2022
6
4
10
40.00%
39.39%
2021
3
10
13
76.92%
40.41%
2020
6
3
9
33.33%
48.09%
2019
1
4
5
80.00%
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
535
233
768
30.34%
39.58%
2023
918
258
1,176
21.94%
36.96%
2022
591
307
898
34.19%
37.07%
2021
455
319
774
41.21%
39.17%
2020
447
252
699
36.05%
35.42%
2019
449
257
706
36.40%
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
2
4
50.00%
12.32%
2023
5
4
9
44.44%
16.34%
2022
7
2
9
22.22%
11.13%
2021
6
1
7
14.29%
18.93%
2020
2
1
3
33.33%
20.93%
2019
2
4
6
66.67%
16.90%