C
Glencar Ins Co
Orlando,  FL
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.90
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
72.12%
Total
Assets
219.55M
Capital
61.40M
Net
Premiums
71.99M
Net
Income
497.03K
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
24
7
31
22.58%
22.80%
2023
23
5
28
17.86%
22.83%
2022
50
24
74
32.43%
23.10%
2021
57
54
111
48.65%
22.81%
2020
83
54
137
39.42%
21.51%
2019
101
57
158
36.08%
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
11
6
17
35.29%
47.78%
2023
14
8
22
36.36%
47.29%
2022
17
11
28
39.29%
45.44%
2021
32
27
59
45.76%
44.40%
2020
48
21
69
30.43%
42.45%
2019
86
53
139
38.13%
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
52
62
114
54.39%
41.49%
2023
33
67
100
67.00%
38.64%
2022
33
87
120
72.50%
39.39%
2021
64
162
226
71.68%
40.41%
2020
78
419
497
84.31%
48.09%
2019
93
188
281
66.90%
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
1
0
1
0.00%
39.63%
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
18
159
177
89.83%
81.20%
2023
21
161
182
88.46%
74.87%
2022
23
162
185
87.57%
72.69%
2021
23
176
199
88.44%
79.01%
2020
28
173
201
86.07%
80.13%
2019
37
171
208
82.21%
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
13
21
34
61.76%
12.77%
2023
2
7
9
77.78%
16.34%
2022
3
14
17
82.35%
11.13%
2021
4
12
16
75.00%
18.93%
2020
5
12
17
70.59%
20.93%
2019
8
9
17
52.94%
16.90%
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
3
1
4
25.00%
35.29%
2023
9
6
15
40.00%
35.67%
2022
10
7
17
41.18%
37.14%
2021
13
9
22
40.91%
35.46%
2020
9
7
16
43.75%
33.86%
2019
12
4
16
25.00%
34.01%