A
PinnaclePoint Ins Co
Rating Date
November 2024
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
2023
154
39
193
20.21%
22.82%
2022
176
43
219
19.63%
23.10%
2021
71
37
108
34.26%
22.81%
2020
81
16
97
16.49%
21.51%
2019
131
0
131
0.00%
22.66%
2018
162
0
162
0.00%
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
35
17
52
32.69%
47.27%
2022
47
19
66
28.79%
45.41%
2021
18
18
36
50.00%
44.40%
2020
6
3
9
33.33%
42.42%
2019
22
319
341
93.55%
44.33%
2018
75
279
354
78.81%
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
21
17
38
44.74%
38.64%
2022
21
18
39
46.15%
39.39%
2021
8
10
18
55.56%
40.41%
2020
4
3
7
42.86%
48.09%
2019
9
37
46
80.43%
43.30%
2018
11
29
40
72.50%
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
39
14
53
26.42%
36.96%
2022
35
12
47
25.53%
37.08%
2021
15
6
21
28.57%
39.17%
2020
31
9
40
22.50%
35.42%
2019
30
42
72
58.33%
35.34%
2018
30
35
65
53.85%
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
0
0
0
0.00%
74.81%
2022
0
0
0
0.00%
73.22%
2021
0
0
0
0.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
3
3
100.00%
77.47%
2018
0
1
1
100.00%
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
0
0
0
0.00%
16.34%
2022
0
1
1
100.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
1
1
2
50.00%
20.93%
2019
5
197
202
97.52%
16.90%
2018
7
211
218
96.79%
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
21
6
27
22.22%
44.64%
2022
16
7
23
30.43%
46.15%
2021
7
4
11
36.36%
46.87%
2020
21
7
28
25.00%
43.90%
2019
34
63
97
64.95%
42.09%
2018
44
77
121
63.64%
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
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
19
19
100.00%
70.02%
2018
0
24
24
100.00%
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
198
57
255
22.35%
35.70%
2022
206
59
265
22.26%
37.14%
2021
89
25
114
21.93%
35.46%
2020
86
21
107
19.63%
33.86%
2019
3
1,147
1,150
99.74%
34.01%
2018
10
1,241
1,251
99.20%
32.34%
Weiss Ratings