B
Florida Farm Bureau Cas Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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
2025
18,958
4,069
23,027
17.67%
23.88%
2024
0
0
0
0.00%
23.31%
2023
16,911
1,383
18,294
7.56%
22.83%
2022
16,008
1,859
17,867
10.40%
23.10%
2021
15,933
5,220
21,153
24.68%
22.81%
2020
16,850
3,683
20,533
17.94%
21.51%
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
2025
315
208
523
39.77%
49.08%
2024
0
0
0
0.00%
47.46%
2023
359
169
528
32.01%
47.29%
2022
277
133
410
32.44%
45.44%
2021
279
167
446
37.44%
44.40%
2020
246
119
365
32.60%
42.45%
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
2025
7
0
7
0.00%
42.44%
2024
0
0
0
0.00%
41.75%
2023
213
41
254
16.14%
38.64%
2022
277
133
410
32.44%
39.39%
2021
100
67
167
40.12%
40.41%
2020
172
32
204
15.69%
48.09%
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
2025
1,608
324
1,932
16.77%
38.98%
2024
0
0
0
0.00%
39.58%
2023
5,536
2,144
7,680
27.92%
36.96%
2022
5,679
5,551
11,230
49.43%
37.07%
2021
2,396
1,715
4,111
41.72%
39.17%
2020
7,109
2,818
9,927
28.39%
35.42%
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
2025
0
0
0
0.00%
13.25%
2024
0
0
0
0.00%
12.32%
2023
12
4
16
25.00%
16.34%
2022
10
3
13
23.08%
11.13%
2021
8
8
16
50.00%
18.93%
2020
11
3
14
21.43%
20.93%
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
2025
5,868
2,435
8,303
29.33%
45.21%
2024
0
0
0
0.00%
45.23%
2023
5,002
1,711
6,713
25.49%
44.64%
2022
4,679
1,588
6,267
25.34%
46.15%
2021
4,866
3,269
8,135
40.18%
46.87%
2020
4,907
2,132
7,039
30.29%
43.90%
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
2025
0
0
0
0.00%
63.59%
2024
0
0
0
0.00%
63.97%
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
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
2025
0
0
0
0.00%
34.83%
2024
0
0
0
0.00%
35.33%
2022
0
0
0
0.00%
37.14%
2021
0
0
0
0.00%
35.46%
2020
0
0
0
0.00%
33.86%