B
Palisades P&C Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
4.50
Risk Adjusted
Capital Ratio #2
2.60
Loss
Ratio
67.31%
Total
Assets
92.85M
Capital
65.00M
Net
Premiums
9.35M
Net
Income
962.90K
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
2023
1
0
1
0.00%
22.83%
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
3,768
2,204
5,972
36.91%
39.63%
2023
4,816
3,010
7,826
38.46%
36.96%
2022
4,684
2,822
7,506
37.60%
37.07%
2021
6,157
4,504
10,661
42.25%
39.17%
2020
4,128
2,531
6,659
38.01%
35.42%
2019
1,535
981
2,516
38.99%
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%
12.77%
2023
0
1
1
100.00%
16.34%
2022
0
1
1
100.00%
11.13%
2021
0
1
1
100.00%
18.93%
2020
0
0
0
0.00%
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
2024
0
0
0
0.00%
35.29%
2023
0
0
0
0.00%
35.67%
2022
0
0
0
0.00%
37.14%
2021
0
0
0
0.00%
35.46%
2020
0
0
0
0.00%
33.86%