B
OK Farm Bureau Mutual 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
8,646
2,675
11,321
23.63%
23.31%
2023
9,478
2,717
12,195
22.28%
22.83%
2022
7,537
2,283
9,820
23.25%
23.10%
2021
7,376
1,707
9,083
18.79%
22.81%
2020
6,263
1,353
7,616
17.77%
21.51%
2019
5,712
1,639
7,351
22.30%
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
101
41
142
28.87%
47.44%
2023
116
53
169
31.36%
47.29%
2022
131
31
162
19.14%
45.44%
2021
97
30
127
23.62%
44.40%
2020
4
0
4
0.00%
42.45%
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
341
188
529
35.54%
41.75%
2023
536
214
750
28.53%
38.64%
2022
282
137
419
32.70%
39.39%
2021
169
84
253
33.20%
40.41%
2020
37
7
44
15.91%
48.09%
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
4,640
1,657
6,297
26.31%
39.58%
2023
6,072
2,318
8,390
27.63%
36.96%
2022
3,348
1,378
4,726
29.16%
37.07%
2021
3,275
1,308
4,583
28.54%
39.17%
2020
5,263
1,596
6,859
23.27%
35.42%
2019
3,719
1,706
5,425
31.45%
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
50
21
71
29.58%
12.20%
2023
41
17
58
29.31%
16.34%
2022
46
16
62
25.81%
11.13%
2021
0
12
12
100.00%
18.93%
2020
1
0
1
0.00%
20.93%
2019
0
0
0
0.00%
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
2,368
951
3,319
28.65%
45.22%
2023
2,387
0
2,387
0.00%
44.64%
2022
2,437
985
3,422
28.78%
46.15%
2021
2,435
691
3,126
22.10%
46.87%
2020
1,927
504
2,431
20.73%
43.90%
2019
2,487
769
3,256
23.62%
42.09%