B
State Farm FL Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.90
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
59.06%
Total
Assets
2.67B
Capital
915.65M
Net
Premiums
1.03B
Net
Income
130.66M
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
604
435
1,039
41.87%
41.49%
2023
215
164
379
43.27%
38.64%
2022
646
388
1,034
37.52%
39.39%
2021
140
129
269
47.96%
40.41%
2020
213
327
540
60.56%
48.09%
2019
177
121
298
40.60%
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
13,865
20,137
34,002
59.22%
39.63%
2023
10,193
8,829
19,022
46.41%
36.96%
2022
20,129
20,554
40,683
50.52%
37.07%
2021
7,336
8,707
16,043
54.27%
39.17%
2020
14,547
9,091
23,638
38.46%
35.42%
2019
11,105
4,772
15,877
30.06%
35.34%
Medical Professional 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%
92.34%
2023
0
0
0
0.00%
92.52%
2022
0
0
0
0.00%
92.14%
2021
0
0
0
0.00%
91.74%
2020
0
0
0
0.00%
93.85%
2019
0
0
0
0.00%
93.92%
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
25
24
49
48.98%
12.77%
2023
21
20
41
48.78%
16.34%
2022
11
23
34
67.65%
11.13%
2021
15
18
33
54.55%
18.93%
2020
3
13
16
81.25%
20.93%
2019
17
24
41
58.54%
16.90%