A
Farm Crdt Sys Assn Captive Ins
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
10.19
Risk Adjusted
Capital Ratio #2
5.85
Loss
Ratio
74.42%
Total
Assets
160.38M
Capital
114.90M
Net
Premiums
31.89M
Net
Income
9.53M
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
293
47
340
13.82%
23.31%
2023
0
0
0
0.00%
22.83%
2022
232
54
286
18.88%
23.10%
2021
0
0
0
0.00%
22.81%
2020
256
22
278
7.91%
21.51%
2019
342
49
391
12.53%
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
52
14
66
21.21%
47.45%
2023
0
0
0
0.00%
47.29%
2022
74
26
100
26.00%
45.44%
2021
55
23
78
29.49%
44.40%
2020
41
18
59
30.51%
42.45%
2019
73
27
100
27.00%
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
38
16
54
29.63%
41.74%
2023
0
0
0
0.00%
38.64%
2022
34
10
44
22.73%
39.39%
2021
28
16
44
36.36%
40.41%
2020
55
8
63
12.70%
48.09%
2019
27
18
45
40.00%
43.30%
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
8
15
23
65.22%
81.44%
2023
0
0
0
0.00%
74.87%
2022
15
16
31
51.61%
72.69%
2021
8
6
14
42.86%
79.01%
2020
17
5
22
22.73%
80.13%
2019
2
6
8
75.00%
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
38
150
188
79.79%
12.32%
2023
0
0
0
0.00%
16.34%
2022
1
0
1
0.00%
11.13%
2021
2
1
3
33.33%
18.93%
2020
1
3
4
75.00%
20.93%
2019
0
8
8
100.00%
16.90%
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
19
39
58
67.24%
35.33%
2023
0
0
0
0.00%
35.67%
2022
18
93
111
83.78%
37.14%
2021
10
35
45
77.78%
35.46%
2020
31
8
39
20.51%
33.86%
2019
22
33
55
60.00%
34.01%