A
Untd Farm Family Mutual 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
28,633
5,770
34,403
16.77%
22.80%
2023
27,854
5,170
33,024
15.66%
22.83%
2022
22,811
4,641
27,452
16.91%
23.10%
2021
24,072
4,985
29,057
17.16%
22.81%
2020
20,717
4,317
25,034
17.24%
21.51%
2019
24,336
5,389
29,725
18.13%
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
377
184
561
32.80%
47.78%
2023
352
186
538
34.57%
47.29%
2022
331
183
514
35.60%
45.44%
2021
330
197
527
37.38%
44.40%
2020
319
172
491
35.03%
42.45%
2019
394
212
606
34.98%
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
1,749
1,090
2,839
38.39%
41.49%
2023
1,856
1,267
3,123
40.57%
38.64%
2022
1,718
1,281
2,999
42.71%
39.39%
2021
1,527
1,010
2,537
39.81%
40.41%
2020
1,444
995
2,439
40.80%
48.09%
2019
1,745
1,117
2,862
39.03%
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
9,474
5,186
14,660
35.38%
39.63%
2023
12,992
6,258
19,250
32.51%
36.96%
2022
8,296
5,235
13,531
38.69%
37.07%
2021
7,420
5,158
12,578
41.01%
39.17%
2020
8,356
5,397
13,753
39.24%
35.42%
2019
9,532
5,996
15,528
38.61%
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
2024
0
1
1
100.00%
12.77%
2023
0
4
4
100.00%
16.34%
2022
0
2
2
100.00%
11.13%
2021
0
5
5
100.00%
18.93%
2020
0
2
2
100.00%
20.93%
2019
0
3
3
100.00%
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
7,157
3,501
10,658
32.85%
45.00%
2023
6,693
3,541
10,234
34.60%
44.64%
2022
6,292
3,478
9,770
35.60%
46.15%
2021
6,263
3,748
10,011
37.44%
46.87%
2020
6,070
3,259
9,329
34.93%
43.90%
2019
7,487
4,032
11,519
35.00%
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
173
53
226
23.45%
35.29%
2023
114
45
159
28.30%
35.67%
2022
128
81
209
38.76%
37.14%
2021
159
114
273
41.76%
35.46%
2020
166
150
316
47.47%
33.86%
2019
248
108
356
30.34%
34.01%