B
Farmers Mutual Ins Co (WV)
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
6.26
Risk Adjusted
Capital Ratio #2
3.90
Loss
Ratio
33.42%
Total
Assets
26.51M
Capital
21.24M
Net
Premiums
3.43M
Net
Income
383.27K
My Lists My Alerts
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
29
20
49
40.82%
41.74%
2023
44
16
60
26.67%
38.64%
2022
31
22
53
41.51%
39.39%
2021
15
26
41
63.41%
40.41%
2020
20
22
42
52.38%
48.09%
2019
32
23
55
41.82%
43.30%
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
2024
122
48
170
28.24%
39.58%
2023
103
49
152
32.24%
36.96%
2022
83
59
142
41.55%
37.07%
2021
73
56
129
43.41%
39.17%
2020
91
58
149
38.93%
35.42%
2019
116
77
193
39.90%
35.34%
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
0
0
0
0.00%
12.32%
2023
2
1
3
33.33%
16.34%
2022
2
1
3
33.33%
11.13%
2021
0
0
0
0.00%
18.93%
2020
1
2
3
66.67%
20.93%
2019
1
1
2
50.00%
16.90%