C
Federal Ins Co
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.70
Risk Adjusted
Capital Ratio #2
1.10
Loss
Ratio
69.50%
Total
Assets
20.42B
Capital
4.92B
Net
Premiums
6.45B
Net
Income
403.65M
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
2023
11,436
524
11,960
4.38%
22.82%
2022
12,078
587
12,665
4.63%
23.10%
2021
11,057
510
11,567
4.41%
22.81%
2020
10,628
527
11,155
4.72%
21.51%
2019
16,748
2,963
19,711
15.03%
22.66%
2018
0
0
0
0.00%
21.92%
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
2023
1,342
624
1,966
31.74%
47.27%
2022
1,437
675
2,112
31.96%
45.41%
2021
1,230
505
1,735
29.11%
44.40%
2020
1,221
417
1,638
25.46%
42.42%
2019
1,894
4,097
5,991
68.39%
44.33%
2018
1,989
2,083
4,072
51.15%
44.16%
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
2023
1,987
512
2,499
20.49%
38.64%
2022
1,802
537
2,339
22.96%
39.39%
2021
1,947
616
2,563
24.03%
40.41%
2020
2,101
968
3,069
31.54%
48.09%
2019
2,070
3,485
5,555
62.74%
43.30%
2018
2,079
2,514
4,593
54.74%
41.13%
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
2023
7,182
533
7,715
6.91%
36.96%
2022
7,023
514
7,537
6.82%
37.08%
2021
9,916
973
10,889
8.94%
39.17%
2020
9,647
793
10,440
7.60%
35.42%
2019
10,630
2,883
13,513
21.34%
35.34%
2018
11,313
2,713
14,026
19.34%
34.35%
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
2023
57
699
756
92.46%
95.21%
2022
46
735
781
94.11%
96.00%
2021
37
473
510
92.75%
93.58%
2020
19
736
755
97.48%
94.02%
2019
41
464
505
91.88%
94.59%
2018
21
180
201
89.55%
94.39%
Medical Professional 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
2023
8
35
43
81.40%
92.52%
2022
8
13
21
61.90%
92.14%
2021
5
11
16
68.75%
91.74%
2020
1
7
8
87.50%
93.85%
2019
1
46
47
97.87%
93.92%
2018
1
23
24
95.83%
92.98%
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
2023
384
2,077
2,461
84.40%
74.81%
2022
502
1,866
2,368
78.80%
73.22%
2021
421
1,772
2,193
80.80%
79.01%
2020
174
2,255
2,429
92.84%
80.13%
2019
114
4,588
4,702
97.58%
77.47%
2018
418
2,325
2,743
84.76%
77.10%
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
2023
405
1,315
1,720
76.45%
16.34%
2022
350
1,123
1,473
76.24%
11.13%
2021
486
1,342
1,828
73.41%
18.93%
2020
437
1,207
1,644
73.42%
20.93%
2019
472
4,927
5,399
91.26%
16.90%
2018
331
2,527
2,858
88.42%
11.94%
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
2023
1,810
100
1,910
5.24%
44.64%
2022
1,823
165
1,988
8.30%
46.15%
2021
1,675
134
1,809
7.41%
46.87%
2020
1,716
120
1,836
6.54%
43.90%
2019
3,344
1,172
4,516
25.95%
42.09%
2018
2,844
932
3,776
24.68%
39.60%
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
2023
12
20
32
62.50%
68.07%
2022
20
16
36
44.44%
77.84%
2021
11
34
45
75.56%
84.45%
2020
8
29
37
78.38%
83.02%
2019
7
69
76
90.79%
81.57%
2018
3
62
65
95.38%
88.64%
Product 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
2023
63
26
89
29.21%
62.55%
2022
48
24
72
33.33%
56.52%
2021
42
66
108
61.11%
62.74%
2020
42
44
86
51.16%
61.51%
2019
45
154
199
77.39%
70.02%
2018
30
149
179
83.24%
70.45%
Warranty
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
2023
0
0
0
0.00%
4.57%
2022
0
0
0
0.00%
4.29%
2021
0
0
0
0.00%
5.64%
2020
0
0
0
0.00%
5.60%
2019
2,248
0
2,248
0.00%
6.35%
2018
2
0
2
0.00%
9.76%
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
2023
4,713
1,388
6,101
22.75%
35.70%
2022
4,992
1,460
6,452
22.63%
37.14%
2021
4,789
999
5,788
17.26%
35.46%
2020
3,950
1,252
5,202
24.07%
33.86%
2019
39,992
9,299
49,291
18.87%
34.01%
2018
40,163
9,568
49,731
19.24%
32.34%
Weiss Ratings