C
Sterling Ins Coop Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
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
2023
13
6
19
31.58%
38.64%
2022
26
19
45
42.22%
39.39%
2021
22
16
38
42.11%
40.41%
2020
17
17
34
50.00%
48.09%
2019
7
6
13
46.15%
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
2023
40
41
81
50.62%
36.96%
2022
44
57
101
56.44%
37.08%
2021
30
44
74
59.46%
39.17%
2020
32
15
47
31.91%
35.42%
2019
17
15
32
46.88%
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
2022
0
1
1
100.00%
11.13%
2021
0
1
1
100.00%
18.93%
2020
1
1
2
50.00%
20.93%
2019
0
1
1
100.00%
16.90%