B
State National Ins Co
Bedford,  TX
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.60
Risk Adjusted
Capital Ratio #2
1.50
Loss
Ratio
64.43%
Total
Assets
1.60B
Capital
625.83M
Net
Premiums
77.80M
Net
Income
16.93M
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
9,731
7,843
17,574
44.63%
22.82%
2022
5,765
4,800
10,565
45.43%
23.10%
2021
5,412
3,281
8,693
37.74%
22.81%
2020
3,624
2,281
5,905
38.63%
21.51%
2019
5,282
3,143
8,425
37.31%
22.66%
2018
6,186
3,784
9,970
37.95%
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
678
320
998
32.06%
47.27%
2022
592
352
944
37.29%
45.41%
2021
669
420
1,089
38.57%
44.40%
2020
533
268
801
33.46%
42.42%
2019
715
467
1,182
39.51%
44.33%
2018
1,239
713
1,952
36.53%
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
108
354
462
76.62%
38.64%
2022
90
181
271
66.79%
39.39%
2021
113
209
322
64.91%
40.41%
2020
206
473
679
69.66%
48.09%
2019
302
389
691
56.30%
43.30%
2018
389
390
779
50.06%
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
407
175
582
30.07%
36.96%
2022
548
449
997
45.04%
37.08%
2021
746
856
1,602
53.43%
39.17%
2020
951
1,027
1,978
51.92%
35.42%
2019
1,216
922
2,138
43.12%
35.34%
2018
707
655
1,362
48.09%
34.35%
Medical Professional 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
2021
1
6
7
85.71%
93.58%
2020
0
9
9
100.00%
94.02%
2019
1
27
28
96.43%
94.59%
2018
0
9
9
100.00%
94.39%
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
1
1
100.00%
92.52%
2021
1
0
1
0.00%
91.74%
2018
0
1
1
100.00%
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
17
65
82
79.27%
74.81%
2022
135
181
316
57.28%
73.22%
2021
102
123
225
54.67%
79.01%
2020
192
154
346
44.51%
80.13%
2019
47
87
134
64.93%
77.47%
2018
13
106
119
89.08%
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
645
1,290
1,935
66.67%
16.34%
2022
329
842
1,171
71.90%
11.13%
2021
572
2,610
3,182
82.02%
18.93%
2020
546
1,643
2,189
75.06%
20.93%
2019
945
1,247
2,192
56.89%
16.90%
2018
356
630
986
63.89%
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
2023
294
131
425
30.82%
44.64%
2022
104
86
190
45.26%
46.15%
2021
279
68
347
19.60%
46.87%
2020
36
78
114
68.42%
43.90%
2019
8
17
25
68.00%
42.09%
2018
112
32
144
22.22%
39.60%
Product 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
2022
1
0
1
0.00%
77.84%
2021
1
0
1
0.00%
84.45%
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
2020
1
1
2
50.00%
61.51%
2019
1
2
3
66.67%
70.02%
2018
2
2
4
50.00%
70.45%
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
703
84
787
10.67%
35.70%
2022
742
98
840
11.67%
37.14%
2021
861
111
972
11.42%
35.46%
2020
785
142
927
15.32%
33.86%
2019
1,179
217
1,396
15.54%
34.01%
2018
1,308
275
1,583
17.37%
32.34%