B
State National Ins Co
Bedford,  TX
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.57
Risk Adjusted
Capital Ratio #2
1.52
Loss
Ratio
62.09%
Total
Assets
1.83B
Capital
673.23M
Net
Premiums
47.23M
Net
Income
9.79M
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Weiss Ratings State National Ins Co
Bedford, TX 		Click to
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Rating B
Capitalization Index 7.70
Investment Safety Index --
Liquidity Index 8.70
Profitability Index 8.10
Reserve Adequacy Index 8.10
Stability Index 7.10
Company Info State National Ins Co
Bedford, TX 		Click to
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Industry P&C
NAIC Number 12831
Phone Number (817) 265-2000
Website www.statenational.com
Address 1900 L. Don Dodson Drive Bedford, TX 76021
Balance Sheet State National Ins Co
Bedford, TX 		Click to
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Total Assets 1.83B
Capital and Reserves State National Ins Co
Bedford, TX 		Click to
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Risk-Adjusted Capital Ratio #1 1.57
Risk-Adjusted Capital Ratio #2 1.52
1-Year Reserve Development -10.00%
2-Year Reserve Development -20.00%
Capital 673.23M
Premium to Surplus 10.00%
Reserves to Surplus 0.00%
Investments State National Ins Co
Bedford, TX 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 61.02%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios State National Ins Co
Bedford, TX 		Click to
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Medical Loss Ratio --
Cash From Underwriting 150.00%
Combined Ratio 80.00%
Expense Ratio 20.00%
Loss Ratio 62.09%
Net Premium Growth 0.00%
Other Medical State National Ins Co
Bedford, TX 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability State National Ins Co
Bedford, TX 		Click to
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Net Income 9.79M
Net Premium 47.23M
Health Premium --