C
Palms Specialty Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.64
Risk Adjusted
Capital Ratio #2
1.07
Loss
Ratio
66.27%
Total
Assets
1.31B
Capital
627.60M
Net
Premiums
388.99M
Net
Income
43.42M
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
2025
93
63
156
40.38%
23.88%
2024
0
3
3
100.00%
23.31%
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
2025
52
207
259
79.92%
42.44%
2024
22
109
131
83.21%
41.75%
2023
1
45
46
97.83%
38.64%
2022
0
0
0
0.00%
39.39%
Medical Professional Liability (Claims Made)
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
2025
0
5
5
100.00%
95.15%
Other Liability: Claims Made
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
2025
13
1,577
1,590
99.18%
83.87%
2024
7
180
187
96.26%
81.44%
2023
140
8
148
5.41%
74.87%
2022
0
0
0
0.00%
72.69%
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
2025
40
302
342
88.30%
13.25%
2024
19
85
104
81.73%
12.32%
2023
1
15
16
93.75%
16.34%
2022
0
0
0
0.00%
11.13%
Product Liability: Claims Made
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
2025
5
15
20
75.00%
84.76%
2024
1
6
7
85.71%
84.35%
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
2025
0
0
0
0.00%
34.83%