B
Safety National Casualty Corp
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
22
25
47
53.19%
22.80%
2023
16
11
27
40.74%
22.83%
2022
19
20
39
51.28%
23.10%
2021
27
15
42
35.71%
22.81%
2020
19
13
32
40.63%
21.51%
2019
11
8
19
42.11%
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
3
127
130
97.69%
47.78%
2023
3
66
69
95.65%
47.29%
2022
4
48
52
92.31%
45.44%
2021
7
107
114
93.86%
44.40%
2020
16
81
97
83.51%
42.45%
2019
2
62
64
96.88%
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
2022
0
0
0
0.00%
39.39%
2021
0
0
0
0.00%
40.41%
2020
0
0
0
0.00%
48.09%
2019
0
0
0
0.00%
43.30%
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
2024
0
0
0
0.00%
96.35%
2023
0
0
0
0.00%
95.21%
2022
0
0
0
0.00%
96.00%
2021
0
0
0
0.00%
93.58%
2020
0
0
0
0.00%
94.02%
2019
0
0
0
0.00%
94.59%
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
2024
0
0
0
0.00%
92.34%
2023
0
0
0
0.00%
92.52%
2022
0
0
0
0.00%
92.14%
2021
0
0
0
0.00%
91.74%
2020
0
0
0
0.00%
93.85%
2019
0
0
0
0.00%
93.92%
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
2024
7
136
143
95.10%
81.20%
2023
2
25
27
92.59%
74.87%
2022
0
1
1
100.00%
72.69%
2021
0
4
4
100.00%
79.01%
2020
0
2
2
100.00%
80.13%
2019
0
7
7
100.00%
77.47%
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
2024
15
1,863
1,878
99.20%
12.77%
2023
19
1,727
1,746
98.91%
16.34%
2022
2
1,742
1,744
99.89%
11.13%
2021
3
1,968
1,971
99.85%
18.93%
2020
4
8,630
8,634
99.95%
20.93%
2019
4
1,615
1,619
99.75%
16.90%
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
2021
0
0
0
0.00%
84.45%
2020
0
0
0
0.00%
83.02%
2019
0
0
0
0.00%
81.57%
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
2024
0
8
8
100.00%
64.02%
2023
1
2
3
66.67%
62.55%
2022
0
12
12
100.00%
56.52%
2021
0
3
3
100.00%
62.74%
2020
0
4
4
100.00%
61.51%
2019
0
7
7
100.00%
70.02%
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
2024
2,095
470
2,565
18.32%
35.29%
2023
2,016
569
2,585
22.01%
35.67%
2022
2,912
583
3,495
16.68%
37.14%
2021
2,917
481
3,398
14.16%
35.46%
2020
4,177
588
4,765
12.34%
33.86%
2019
1,614
293
1,907
15.36%
34.01%