B
Select Risk Ins Co
Rating Date
October 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
497
176
673
26.15%
23.31%
2023
496
151
647
23.34%
22.83%
2022
480
142
622
22.83%
23.10%
2021
3,202
1,035
4,237
24.43%
22.81%
2020
3,230
1,039
4,269
24.34%
21.51%
2019
4,470
1,504
5,974
25.18%
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
64
45
109
41.28%
47.45%
2023
52
39
91
42.86%
47.29%
2022
64
37
101
36.63%
45.44%
2021
459
232
691
33.57%
44.40%
2020
403
249
652
38.19%
42.45%
2019
591
307
898
34.19%
44.33%
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
62
54
116
46.55%
41.74%
2023
72
47
119
39.50%
38.64%
2022
66
51
117
43.59%
39.39%
2021
450
363
813
44.65%
40.41%
2020
450
548
998
54.91%
48.09%
2019
682
397
1,079
36.79%
43.30%
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
114
92
206
44.66%
39.58%
2023
146
88
234
37.61%
36.96%
2022
134
86
220
39.09%
37.07%
2021
993
642
1,635
39.27%
39.17%
2020
1,117
692
1,809
38.25%
35.42%
2019
1,276
852
2,128
40.04%
35.34%
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
1
2
3
66.67%
12.32%
2023
1
1
2
50.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
8
4
12
33.33%
18.93%
2020
4
4
8
50.00%
20.93%
2019
10
2
12
16.67%
16.90%
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
133
101
234
43.16%
45.22%
2023
138
86
224
38.39%
44.64%
2022
121
79
200
39.50%
46.15%
2021
902
530
1,432
37.01%
46.87%
2020
904
586
1,490
39.33%
43.90%
2019
1,498
757
2,255
33.57%
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
39
12
51
23.53%
35.33%
2023
52
19
71
26.76%
35.67%
2022
59
22
81
27.16%
37.14%
2021
442
168
610
27.54%
35.46%
2020
381
118
499
23.65%
33.86%
2019
561
167
728
22.94%
34.01%