Falls Lake Fire & Casualty Co

Raleigh, NC

Rating Date

April 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

0.80

Risk Adjusted
Capital Ratio #2

0.50

Loss
Ratio

87.13%

Total
Assets

603.56M

Capital

110.42M

Net
Premiums

107.72M

Net
Income

709.14K

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Weiss Ratings	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	3.30
Investment Safety Index	--
Liquidity Index	6.90
Profitability Index	4.70
Reserve Adequacy Index	2.00
Stability Index	6.80

Company Info	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	15884
Phone Number	(919) 882-3585
Website	jrvrgroup.com/falls-lake-insurance
Address	6131 Falls of Neuse Road Raleigh, NC 27609

Balance Sheet	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Total Assets	603.56M

Capital and Reserves	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.80
Risk-Adjusted Capital Ratio #2	0.50
1-Year Reserve Development	1,950.00%
2-Year Reserve Development	4,260.00%
Capital	110.42M
Premium to Surplus	100.00%
Reserves to Surplus	230.00%

Investments	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	90.00%
Combined Ratio	110.00%
Expense Ratio	20.00%
Loss Ratio	87.13%
Net Premium Growth	-10.00%

Other Medical	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Net Income	709.14K
Net Premium	107.72M
Health Premium	--