C
Colorado Farm Bureau Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
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
2,684
50
2,734
1.83%
22.80%
2023
3,078
91
3,169
2.87%
22.83%
2022
2,352
243
2,595
9.36%
23.10%
2021
2,341
544
2,885
18.86%
22.81%
2020
2,334
548
2,882
19.01%
21.51%
2019
3,377
719
4,096
17.55%
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
6
3
9
33.33%
47.78%
2023
20
16
36
44.44%
47.29%
2022
4
1
5
20.00%
45.44%
2021
15
5
20
25.00%
44.40%
2020
16
10
26
38.46%
42.45%
2019
11
9
20
45.00%
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
106
51
157
32.48%
41.49%
2023
137
65
202
32.18%
38.64%
2022
51
38
89
42.70%
39.39%
2021
64
60
124
48.39%
40.41%
2020
66
75
141
53.19%
48.09%
2019
92
77
169
45.56%
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
644
480
1,124
42.70%
39.63%
2023
1,443
680
2,123
32.03%
36.96%
2022
1,006
473
1,479
31.98%
37.07%
2021
932
477
1,409
33.85%
39.17%
2020
1,140
554
1,694
32.70%
35.42%
2019
1,789
675
2,464
27.39%
35.34%
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
0
1
1
100.00%
16.34%
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
2024
519
80
599
13.36%
45.00%
2023
505
31
536
5.78%
44.64%
2022
504
82
586
13.99%
46.15%
2021
545
210
755
27.81%
46.87%
2020
600
190
790
24.05%
43.90%
2019
795
247
1,042
23.70%
42.09%