A
Fitchburg Mutual Ins Co
Dedham,  MA
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.90
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
62.91%
Total
Assets
200.72M
Capital
103.03M
Net
Premiums
62.38M
Net
Income
2.69M
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
1,347
96
1,443
6.65%
22.82%
2022
0
0
0
0.00%
23.10%
2021
1,128
81
1,209
6.70%
22.81%
2020
1,011
61
1,072
5.69%
21.51%
2019
1,322
88
1,410
6.24%
22.66%
2018
1,298
95
1,393
6.82%
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
24
3
27
11.11%
47.27%
2022
0
0
0
0.00%
45.41%
2021
26
1
27
3.70%
44.40%
2020
19
3
22
13.64%
42.42%
2019
29
6
35
17.14%
44.33%
2018
25
1
26
3.85%
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
121
86
207
41.55%
38.64%
2022
0
0
0
0.00%
39.39%
2021
110
74
184
40.22%
40.41%
2020
102
52
154
33.77%
48.09%
2019
93
52
145
35.86%
43.30%
2018
129
68
197
34.52%
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
238
83
321
25.86%
36.96%
2022
0
0
0
0.00%
37.08%
2021
281
98
379
25.86%
39.17%
2020
282
79
361
21.88%
35.42%
2019
248
82
330
24.85%
35.34%
2018
375
124
499
24.85%
34.35%
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
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%
2018
0
0
0
0.00%
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
233
27
260
10.38%
44.64%
2022
0
0
0
0.00%
46.15%
2021
189
23
212
10.85%
46.87%
2020
176
27
203
13.30%
43.90%
2019
265
43
308
13.96%
42.09%
2018
271
39
310
12.58%
39.60%
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
13
16
81.25%
35.70%
2022
0
0
0
0.00%
37.14%
2021
2
9
11
81.82%
35.46%
2020
0
13
13
100.00%
33.86%
2019
1
29
30
96.67%
34.01%
2018
1
25
26
96.15%
32.34%