Falls Lake Fire & Casualty Co

Raleigh, NC

Rating Date

April 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

0.90

Risk Adjusted
Capital Ratio #2

0.60

Loss
Ratio

79.03%

Total
Assets

593.02M

Capital

115.69M

Net
Premiums

117.96M

Net
Income

4.29M

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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	4.60
Investment Safety Index	--
Liquidity Index	8.20
Profitability Index	5.20
Reserve Adequacy Index	2.40
Stability Index	6.50

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	593.02M

Capital and Reserves	Falls Lake Fire & Casualty Co Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.90
Risk-Adjusted Capital Ratio #2	0.60
1-Year Reserve Development	1,700.00%
2-Year Reserve Development	5,600.00%
Capital	115.69M
Premium to Surplus	110.00%
Reserves to Surplus	200.00%

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	100.00%
Combined Ratio	90.00%
Expense Ratio	10.00%
Loss Ratio	79.03%
Net Premium Growth	-20.00%

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	4.29M
Net Premium	117.96M
Health Premium	--