B
Addison Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.80
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
63.68%
Total
Assets
137.89M
Capital
43.65M
Net
Premiums
46.69M
Net
Income
1.98M
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
2024
117
56
173
32.37%
22.80%
2023
62
129
191
67.54%
22.83%
2022
128
64
192
33.33%
23.10%
2021
179
81
260
31.15%
22.81%
2020
462
155
617
25.12%
21.51%
2019
531
214
745
28.72%
22.66%
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
2024
57
34
91
37.36%
47.78%
2023
36
64
100
64.00%
47.29%
2022
65
34
99
34.34%
45.44%
2021
85
38
123
30.89%
44.40%
2020
223
91
314
28.98%
42.45%
2019
316
158
474
33.33%
44.33%
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
15
10
25
40.00%
41.49%
2023
10
17
27
62.96%
38.64%
2022
19
11
30
36.67%
39.39%
2021
26
15
41
36.59%
40.41%
2020
53
78
131
59.54%
48.09%
2019
54
48
102
47.06%
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
0
0
0
0.00%
39.63%
2023
0
0
0
0.00%
36.96%
2022
1
0
1
0.00%
37.07%
2021
35
11
46
23.91%
39.17%
2020
165
106
271
39.11%
35.42%
2019
75
56
131
42.75%
35.34%
Medical Professional 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%
96.35%
2023
0
0
0
0.00%
95.21%
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
1
1
100.00%
81.20%
2023
0
0
0
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
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
16
16
32
50.00%
12.77%
2023
21
17
38
44.74%
16.34%
2022
20
17
37
45.95%
11.13%
2021
25
19
44
43.18%
18.93%
2020
60
35
95
36.84%
20.93%
2019
72
48
120
40.00%
16.90%
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
2024
0
0
0
0.00%
45.00%
2021
7
3
10
30.00%
46.87%
2020
41
18
59
30.51%
43.90%
2019
53
27
80
33.75%
42.09%
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
2024
4
4
8
50.00%
64.02%
2023
4
6
10
60.00%
62.55%
2022
5
4
9
44.44%
56.52%
2021
7
5
12
41.67%
62.74%
2020
11
7
18
38.89%
61.51%
2019
17
13
30
43.33%
70.02%
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
23
7
30
23.33%
35.29%
2023
5
20
25
80.00%
35.67%
2022
22
6
28
21.43%
37.14%
2021
31
10
41
24.39%
35.46%
2020
76
23
99
23.23%
33.86%
2019
86
37
123
30.08%
34.01%