B
Contractors Bonding & Ins Co
Peoria,  IL
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.38
Risk Adjusted
Capital Ratio #2
1.80
Loss
Ratio
63.77%
Total
Assets
282.64M
Capital
107.02M
Net
Premiums
81.37M
Net
Income
-719.61K
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
2025
62
70
132
53.03%
23.88%
2024
135
145
280
51.79%
23.31%
2023
142
160
302
52.98%
22.83%
2022
142
121
263
46.01%
23.10%
2021
147
112
259
43.24%
22.81%
2020
100
77
177
43.50%
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
71
73
144
50.69%
49.08%
2024
133
153
286
53.50%
47.46%
2023
138
133
271
49.08%
47.29%
2022
141
98
239
41.00%
45.44%
2021
108
98
206
47.57%
44.40%
2020
94
73
167
43.71%
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
22
15
37
40.54%
42.44%
2024
66
39
105
37.14%
41.75%
2023
80
56
136
41.18%
38.64%
2022
127
60
187
32.09%
39.39%
2021
156
71
227
31.28%
40.41%
2020
177
99
276
35.87%
48.09%
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
0
0
0
0.00%
81.44%
2023
0
0
0
0.00%
74.87%
2022
0
1
1
100.00%
72.69%
2021
0
0
0
0.00%
79.01%
2020
1
0
1
0.00%
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
68
55
123
44.72%
13.25%
2024
53
76
129
58.91%
12.32%
2023
74
42
116
36.21%
16.34%
2022
27
30
57
52.63%
11.13%
2021
40
36
76
47.37%
18.93%
2020
46
30
76
39.47%
20.93%
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
1
1
100.00%
63.59%
2024
1
0
1
0.00%
63.97%
2023
0
3
3
100.00%
62.55%
2022
2
1
3
33.33%
56.52%
2021
3
1
4
25.00%
62.74%
2020
0
0
0
0.00%
61.51%