C
Penn-America 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
0
0
0
0.00%
23.88%
2024
0
1
1
100.00%
23.31%
2023
6
6
12
50.00%
22.83%
2022
109
147
256
57.42%
23.10%
2021
106
45
151
29.80%
22.81%
2020
232
66
298
22.15%
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
2023
3
1
4
25.00%
47.29%
2022
10
2
12
16.67%
45.44%
2021
8
1
9
11.11%
44.40%
2020
8
1
9
11.11%
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
70
64
134
47.76%
42.44%
2024
128
135
263
51.33%
41.75%
2023
124
92
216
42.59%
38.64%
2022
156
133
289
46.02%
39.39%
2021
138
119
257
46.30%
40.41%
2020
155
96
251
38.25%
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
1
2
50.00%
38.98%
2024
4
4
8
50.00%
39.58%
2023
9
6
15
40.00%
36.96%
2022
136
39
175
22.29%
37.07%
2021
91
33
124
26.61%
39.17%
2020
98
45
143
31.47%
35.42%
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
2025
0
0
0
0.00%
83.87%
2024
0
0
0
0.00%
81.44%
2023
0
2
2
100.00%
74.87%
2022
1
3
4
75.00%
72.69%
2021
1
3
4
75.00%
79.01%
2020
1
4
5
80.00%
80.13%
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
17
43
60
71.67%
13.25%
2024
15
44
59
74.58%
12.32%
2023
23
50
73
68.49%
16.34%
2022
46
66
112
58.93%
11.13%
2021
31
56
87
64.37%
18.93%
2020
15
34
49
69.39%
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
0
0
0
0.00%
45.21%
2024
0
0
0
0.00%
45.23%
2023
0
1
1
100.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
11
3
14
21.43%
46.87%
2020
4
3
7
42.86%
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%