B
Southern Mutual Ins Co
Athens,  GA
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
31.11
Risk Adjusted
Capital Ratio #2
28.00
Loss
Ratio
--
Total
Assets
19.12M
Capital
17.68M
Net
Premiums
0.00
Net
Income
174.61K
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
2024
315
155
470
32.98%
23.31%
2023
402
189
591
31.98%
22.83%
2022
508
247
755
32.72%
23.10%
2021
543
301
844
35.66%
22.81%
2020
586
329
915
35.96%
21.51%
2019
1,037
529
1,566
33.78%
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
1
0
1
0.00%
47.45%
2023
10
6
16
37.50%
47.29%
2022
33
8
41
19.51%
45.44%
2021
33
12
45
26.67%
44.40%
2020
53
12
65
18.46%
42.45%
2019
46
8
54
14.81%
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
3
3
6
50.00%
41.74%
2023
59
16
75
21.33%
38.64%
2022
68
28
96
29.17%
39.39%
2021
28
37
65
56.92%
40.41%
2020
39
44
83
53.01%
48.09%
2019
29
14
43
32.56%
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
390
47
437
10.76%
39.58%
2023
252
25
277
9.03%
36.96%
2022
238
18
256
7.03%
37.07%
2021
205
74
279
26.52%
39.17%
2020
352
69
421
16.39%
35.42%
2019
311
90
401
22.44%
35.34%
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
2019
0
0
0
0.00%
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
0
1
1
100.00%
12.32%
2023
1
1
2
50.00%
16.34%
2022
1
4
5
80.00%
11.13%
2021
0
16
16
100.00%
18.93%
2020
1
1
2
50.00%
20.93%
2019
1
1
2
50.00%
16.90%
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
101
22
123
17.89%
45.22%
2023
168
36
204
17.65%
44.64%
2022
211
56
267
20.97%
46.15%
2021
292
65
357
18.21%
46.87%
2020
364
64
428
14.95%
43.90%
2019
572
70
642
10.90%
42.09%
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
5
0
5
0.00%
35.33%
2023
4
1
5
20.00%
35.67%
2022
5
6
11
54.55%
37.14%
2021
6
3
9
33.33%
35.46%
2020
4
2
6
33.33%
33.86%
2019
4
2
6
33.33%
34.01%