B
FMI 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
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
2,638
597
3,235
18.45%
38.98%
2024
3,545
499
4,044
12.34%
39.58%
2023
3,592
372
3,964
9.38%
36.96%
2022
2,934
399
3,333
11.97%
37.07%
2021
5,470
552
6,022
9.17%
39.17%
2020
4,157
1,115
5,272
21.15%
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
1
30
31
96.77%
13.25%
2024
11
17
28
60.71%
12.32%
2023
14
11
25
44.00%
16.34%
2022
11
18
29
62.07%
11.13%
2021
10
17
27
62.96%
18.93%
2020
11
18
29
62.07%
20.93%
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
7
7
14
50.00%
34.83%
2024
11
0
11
0.00%
35.33%
2023
11
6
17
35.29%
35.67%
2022
11
3
14
21.43%
37.14%
2021
8
7
15
46.67%
35.46%
2020
5
5
10
50.00%
33.86%