B
Clear Spring P&C Co
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.10
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
73.52%
Total
Assets
642.02M
Capital
184.56M
Net
Premiums
35.69M
Net
Income
4.00M
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
71
4
75
5.33%
22.82%
2022
1
0
1
0.00%
23.10%
2021
732
396
1,128
35.11%
22.81%
2020
2,279
1,793
4,072
44.03%
21.51%
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
19
15
34
44.12%
47.27%
2022
9
7
16
43.75%
45.41%
2021
12
6
18
33.33%
44.40%
2020
2
0
2
0.00%
42.42%
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
15
13
28
46.43%
38.64%
2022
6
13
19
68.42%
39.39%
2021
0
0
0
0.00%
40.41%
2020
101
62
163
38.04%
48.09%
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
7
10
17
58.82%
16.34%
2022
11
12
23
52.17%
11.13%
2021
0
0
0
0.00%
18.93%
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
59
849
908
93.50%
44.64%
2022
774
918
1,692
54.26%
46.15%
2021
817
969
1,786
54.26%
46.87%
2020
4,137
2,610
6,747
38.68%
43.90%
2019
0
0
0
0.00%
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
2023
311
334
645
51.78%
35.70%
2022
445
274
719
38.11%
37.14%
2021
896
433
1,329
32.58%
35.46%
2020
1,002
281
1,283
21.90%
33.86%
2019
0
0
0
0.00%
34.01%
2018
809
305
1,114
27.38%
32.34%
Weiss Ratings