B
Grinnell Select 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
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
11,427
1,235
12,662
9.75%
23.31%
2023
16,773
1,765
18,538
9.52%
22.83%
2022
18,471
324
18,795
1.72%
23.10%
2021
18,128
9
18,137
0.05%
22.81%
2020
19,147
4
19,151
0.02%
21.51%
2019
21,094
6
21,100
0.03%
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
37
6
43
13.95%
47.44%
2023
29
4
33
12.12%
47.29%
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
2,069
133
2,202
6.04%
45.22%
2023
3,043
193
3,236
5.96%
44.64%
2022
3,180
34
3,214
1.06%
46.15%
2021
3,758
0
3,758
0.00%
46.87%
2020
3,710
3
3,713
0.08%
43.90%
2019
5,022
5
5,027
0.10%
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
14
0
14
0.00%
35.33%
2023
12
0
12
0.00%
35.67%
2022
14
0
14
0.00%
37.14%
2021
15
0
15
0.00%
35.46%
2020
26
0
26
0.00%
33.86%
2019
19
0
19
0.00%
34.01%