B
Developers Surety & Indem Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.60
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
70.85%
Total
Assets
754.75M
Capital
165.13M
Net
Premiums
255.13M
Net
Income
1.29M
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
79
79
158
50.00%
22.82%
2022
380
351
731
48.02%
23.10%
2021
1,086
129
1,215
10.62%
22.81%
2020
1,277
238
1,515
15.71%
21.51%
2019
443
56
499
11.22%
22.66%
2018
2
0
2
0.00%
21.92%
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
169
4
173
2.31%
47.27%
2022
507
82
589
13.92%
45.41%
2021
139
17
156
10.90%
44.40%
2020
243
26
269
9.67%
42.42%
2019
649
134
783
17.11%
44.33%
2018
1,044
368
1,412
26.06%
44.16%
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
181
1
182
0.55%
38.64%
2022
131
1
132
0.76%
39.39%
2021
156
4
160
2.50%
40.41%
2020
244
37
281
13.17%
48.09%
2019
289
76
365
20.82%
43.30%
2018
259
158
417
37.89%
41.13%
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
2023
0
0
0
0.00%
36.96%
2022
0
0
0
0.00%
37.08%
2021
39
8
47
17.02%
39.17%
2020
205
45
250
18.00%
35.42%
2019
0
0
0
0.00%
35.34%
2018
229
78
307
25.41%
34.35%
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
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%
2018
0
0
0
0.00%
92.98%
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
2023
11
0
11
0.00%
74.81%
2022
13
1
14
7.14%
73.22%
2021
10
1
11
9.09%
79.01%
2020
15
2
17
11.76%
80.13%
2019
10
7
17
41.18%
77.47%
2018
7
39
46
84.78%
77.10%
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
10
2
12
16.67%
16.34%
2022
10
3
13
23.08%
11.13%
2021
8
5
13
38.46%
18.93%
2020
49
11
60
18.33%
20.93%
2019
90
37
127
29.13%
16.90%
2018
168
70
238
29.41%
11.94%
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
2022
119
60
179
33.52%
46.15%
2021
238
124
362
34.25%
46.87%
2020
402
0
402
0.00%
43.90%
2019
0
0
0
0.00%
42.09%
2018
689
55
744
7.39%
39.60%
Product 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
8
1
9
11.11%
62.55%
2022
7
0
7
0.00%
56.52%
2021
1
0
1
0.00%
62.74%
2020
16
1
17
5.88%
61.51%
2019
35
19
54
35.19%
70.02%
2018
61
30
91
32.97%
70.45%
Warranty
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
4,086
1,131
5,217
21.68%
4.57%
2022
4,016
1,194
5,210
22.92%
4.29%
2021
4,007
1,370
5,377
25.48%
5.64%
2020
4,973
1,988
6,961
28.56%
5.60%
2019
6,078
2,406
8,484
28.36%
6.35%
2018
5,984
3,043
9,027
33.71%
9.76%
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
3,935
93
4,028
2.31%
35.70%
2022
3,564
95
3,659
2.60%
37.14%
2021
2,372
77
2,449
3.14%
35.46%
2020
3,233
20
3,253
0.61%
33.86%
2019
4,383
514
4,897
10.50%
34.01%
2018
4,020
1,555
5,575
27.89%
32.34%