B
Utica National Assurance Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.30
Risk Adjusted
Capital Ratio #2
3.60
Loss
Ratio
65.72%
Total
Assets
105.28M
Capital
44.21M
Net
Premiums
34.40M
Net
Income
2.07M
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
336
166
502
33.07%
22.80%
2023
350
175
525
33.33%
22.83%
2022
399
190
589
32.26%
23.10%
2021
394
177
571
31.00%
22.81%
2020
331
141
472
29.87%
21.51%
2019
344
185
529
34.97%
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
58
100
158
63.29%
47.78%
2023
58
100
158
63.29%
47.29%
2022
64
99
163
60.74%
45.44%
2021
56
77
133
57.89%
44.40%
2020
47
66
113
58.41%
42.45%
2019
68
94
162
58.02%
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
47
60
107
56.07%
41.49%
2023
47
57
104
54.81%
38.64%
2022
44
50
94
53.19%
39.39%
2021
47
57
104
54.81%
40.41%
2020
43
77
120
64.17%
48.09%
2019
45
58
103
56.31%
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
40
25
65
38.46%
39.63%
2023
32
22
54
40.74%
36.96%
2022
33
19
52
36.54%
37.07%
2021
36
18
54
33.33%
39.17%
2020
41
17
58
29.31%
35.42%
2019
25
14
39
35.90%
35.34%
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
1
3
4
75.00%
81.20%
2023
1
3
4
75.00%
74.87%
2022
1
2
3
66.67%
72.69%
2021
1
2
3
66.67%
79.01%
2020
1
3
4
75.00%
80.13%
2019
1
2
3
66.67%
77.47%
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
2
2
100.00%
12.77%
2023
0
1
1
100.00%
16.34%
2022
0
1
1
100.00%
11.13%
2021
1
1
2
50.00%
18.93%
2020
0
2
2
100.00%
20.93%
2019
0
1
1
100.00%
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
113
197
310
63.55%
45.00%
2023
111
199
310
64.19%
44.64%
2022
118
206
324
63.58%
46.15%
2021
142
190
332
57.23%
46.87%
2020
138
163
301
54.15%
43.90%
2019
181
208
389
53.47%
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
0
0
0
0.00%
64.02%
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
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
34
22
56
39.29%
35.29%
2023
36
22
58
37.93%
35.67%
2022
37
23
60
38.33%
37.14%
2021
31
20
51
39.22%
35.46%
2020
23
15
38
39.47%
33.86%
2019
32
18
50
36.00%
34.01%