B
Founders Ins Co (NJ)
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
80.50
Risk Adjusted
Capital Ratio #2
38.40
Loss
Ratio
--
Total
Assets
7.47M
Capital
7.43M
Net
Premiums
0.00
Net
Income
157.61K
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
810
206
1,016
20.28%
23.31%
2023
833
189
1,022
18.49%
22.83%
2022
682
147
829
17.73%
23.10%
2021
722
184
906
20.31%
22.81%
2020
565
140
705
19.86%
21.51%
2019
854
253
1,107
22.85%
22.66%
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
151
26
177
14.69%
39.58%
2023
141
23
164
14.02%
36.96%
2022
124
31
155
20.00%
37.07%
2021
255
98
353
27.76%
39.17%
2020
230
57
287
19.86%
35.42%
2019
168
78
246
31.71%
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%
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
336
165
501
32.93%
45.22%
2023
293
152
445
34.16%
44.64%
2022
240
166
406
40.89%
46.15%
2021
253
134
387
34.63%
46.87%
2020
252
134
386
34.72%
43.90%
2019
442
215
657
32.72%
42.09%