C
New Mexico Business Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
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
146
128
274
46.72%
35.33%
2023
128
94
222
42.34%
35.67%
2022
120
94
214
43.93%
37.14%
2021
111
95
206
46.12%
35.46%
2020
133
99
232
42.67%
33.86%
2019
202
110
312
35.26%
34.01%