C
Clear Spring Casualty Ins Co
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.90
Risk Adjusted
Capital Ratio #2
0.70
Loss
Ratio
70.30%
Total
Assets
695.34M
Capital
149.87M
Net
Premiums
226.58M
Net
Income
-9.08M
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
2023
443
24
467
5.14%
22.82%
2022
1
0
1
0.00%
23.10%
2021
2,947
1,573
4,520
34.80%
22.81%
2020
363
360
723
49.79%
21.51%
2019
21
0
21
0.00%
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
2023
120
91
211
43.13%
47.27%
2022
58
44
102
43.14%
45.41%
2021
35
18
53
33.96%
44.40%
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
92
82
174
47.13%
38.64%
2022
36
82
118
69.49%
39.39%
2021
0
0
0
0.00%
40.41%
2020
48
30
78
38.46%
48.09%
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
2023
46
63
109
57.80%
16.34%
2022
67
76
143
53.15%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
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
2023
366
5,240
5,606
93.47%
44.64%
2022
4,604
5,710
10,314
55.36%
46.15%
2021
3,344
3,959
7,303
54.21%
46.87%
2020
1
0
1
0.00%
43.90%
2019
35
4
39
10.26%
42.09%
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
2023
1,938
2,078
4,016
51.74%
35.70%
2022
2,771
1,707
4,478
38.12%
37.14%
2021
2,956
1,664
4,620
36.02%
35.46%
2020
2,315
157
2,472
6.35%
33.86%
2019
3,272
0
3,272
0.00%
34.01%
2018
4,106
0
4,106
0.00%
32.34%
Weiss Ratings