B
SFM Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.62
Risk Adjusted
Capital Ratio #2
1.96
Loss
Ratio
71.77%
Total
Assets
1.05B
Capital
389.64M
Net
Premiums
119.23M
Net
Income
19.57M
My Lists My Alerts
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
2020
0
1
1
100.00%
80.13%
2019
2
2
4
50.00%
77.47%
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
8,509
13,447
21,956
61.25%
35.33%
2023
8,787
13,511
22,298
60.59%
35.67%
2022
8,408
13,592
22,000
61.78%
37.14%
2021
7,500
11,369
18,869
60.25%
35.46%
2020
7,375
10,211
17,586
58.06%
33.86%
2019
8,321
13,309
21,630
61.53%
34.01%