C
Wilshire Ins Co
Raleigh,  NC
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.10
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
64.65%
Total
Assets
495.93M
Capital
167.19M
Net
Premiums
228.59M
Net
Income
16.79M
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
302
107
409
26.16%
22.82%
2022
346
157
503
31.21%
23.10%
2021
363
191
554
34.48%
22.81%
2020
485
329
814
40.42%
21.51%
2019
1,008
242
1,250
19.36%
22.66%
2018
680
336
1,016
33.07%
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
178
181
359
50.42%
47.27%
2022
230
239
469
50.96%
45.41%
2021
271
300
571
52.54%
44.40%
2020
315
325
640
50.78%
42.42%
2019
430
428
858
49.88%
44.33%
2018
492
504
996
50.60%
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
20
17
37
45.95%
38.64%
2022
20
22
42
52.38%
39.39%
2021
94
133
227
58.59%
40.41%
2020
90
311
401
77.56%
48.09%
2019
91
602
693
86.87%
43.30%
2018
78
479
557
86.00%
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
5
9
14
64.29%
36.96%
2022
745
421
1,166
36.11%
37.08%
2021
2,162
1,461
3,623
40.33%
39.17%
2020
1,190
670
1,860
36.02%
35.42%
2019
666
498
1,164
42.78%
35.34%
2018
527
388
915
42.40%
34.35%
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
1
30
31
96.77%
74.81%
2022
0
15
15
100.00%
73.22%
2021
0
1
1
100.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
0
0
0.00%
77.47%
2018
0
0
0
0.00%
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
4
17
21
80.95%
16.34%
2022
7
19
26
73.08%
11.13%
2021
7
25
32
78.13%
18.93%
2020
18
30
48
62.50%
20.93%
2019
35
43
78
55.13%
16.90%
2018
35
68
103
66.02%
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
0
0
0
0.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
14
12
26
46.15%
46.87%
2020
111
230
341
67.45%
43.90%
2019
821
157
978
16.05%
42.09%
2018
235
232
467
49.68%
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
1
2
3
66.67%
62.55%
2022
2
2
4
50.00%
56.52%
2021
2
2
4
50.00%
62.74%
2020
1
1
2
50.00%
61.51%
2019
1
1
2
50.00%
70.02%
2018
1
0
1
0.00%
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
3
2
5
40.00%
35.70%
2022
4
3
7
42.86%
37.14%
2021
2
5
7
71.43%
35.46%
2020
5
4
9
44.44%
33.86%
2019
3
2
5
40.00%
34.01%
2018
4
2
6
33.33%
32.34%