C
Safety Northeast Ins Co
Boston,  MA
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.40
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
70.90%
Total
Assets
46.25M
Capital
11.95M
Net
Premiums
32.80M
Net
Income
318.74K
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
2024
2,294
1,422
3,716
38.27%
23.31%
2023
2,016
1,253
3,269
38.33%
22.83%
2022
1,887
1,099
2,986
36.81%
23.10%
2021
1,693
967
2,660
36.35%
22.81%
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
79
27
106
25.47%
47.44%
2023
73
21
94
22.34%
47.29%
2022
76
21
97
21.65%
45.44%
2021
71
21
92
22.83%
44.40%
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
2024
2
1
3
33.33%
41.75%
2023
4
2
6
33.33%
38.64%
2022
4
1
5
20.00%
39.39%
2021
4
2
6
33.33%
40.41%
Homeowners & Farmowners
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
64
36
100
36.00%
39.58%
2023
87
44
131
33.59%
36.96%
2022
70
34
104
32.69%
37.07%
2021
106
47
153
30.72%
39.17%
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
2024
0
0
0
0.00%
12.20%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
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
2024
477
161
638
25.24%
45.22%
2023
402
111
513
21.64%
44.64%
2022
354
106
460
23.04%
46.15%
2021
342
102
444
22.97%
46.87%