B
Fire Ins Exchange
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.98
Risk Adjusted
Capital Ratio #2
0.95
Loss
Ratio
55.91%
Total
Assets
4.39B
Capital
1.59B
Net
Premiums
1.58B
Net
Income
213.62M
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
64,409
21,669
86,078
25.17%
23.88%
2024
26,574
8,238
34,812
23.66%
23.31%
2023
95,555
20,236
115,791
17.48%
22.83%
2022
104,146
7,569
111,715
6.78%
23.10%
2021
95,424
6,339
101,763
6.23%
22.81%
2020
77,440
2,974
80,414
3.70%
21.51%
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
2025
1,475
977
2,452
39.85%
49.08%
2024
130
80
210
38.10%
47.46%
2023
1,368
668
2,036
32.81%
47.29%
2022
1,246
514
1,760
29.20%
45.44%
2021
1,173
469
1,642
28.56%
44.40%
2020
968
202
1,170
17.26%
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
2025
499
400
899
44.49%
42.44%
2024
0
0
0
0.00%
41.75%
2023
1,112
815
1,927
42.29%
38.64%
2022
1,069
566
1,635
34.62%
39.39%
2021
1,373
719
2,092
34.37%
40.41%
2020
1,313
783
2,096
37.36%
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
2025
10,864
13,549
24,413
55.50%
38.98%
2024
9,429
6,592
16,021
41.15%
39.58%
2023
18,738
18,536
37,274
49.73%
36.96%
2022
17,717
14,497
32,214
45.00%
37.07%
2021
17,411
18,458
35,869
51.46%
39.17%
2020
14,649
14,762
29,411
50.19%
35.42%
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
3
8
11
72.73%
83.87%
2024
0
0
0
0.00%
81.44%
2023
3
11
14
78.57%
74.87%
2022
3
11
14
78.57%
72.69%
2021
1
8
9
88.89%
79.01%
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
44
162
206
78.64%
13.25%
2024
1
1
2
50.00%
12.32%
2023
6
16
22
72.73%
16.34%
2022
43
128
171
74.85%
11.13%
2021
38
134
172
77.91%
18.93%
2020
40
145
185
78.38%
20.93%
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
2025
22,585
14,242
36,827
38.67%
45.21%
2024
10,551
7,052
17,603
40.06%
45.23%
2023
24,643
12,000
36,643
32.75%
44.64%
2022
26,504
8,309
34,813
23.87%
46.15%
2021
26,402
7,136
33,538
21.28%
46.87%
2020
23,009
5,557
28,566
19.45%
43.90%
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
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
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
100
20
120
16.67%
34.83%
2024
0
0
0
0.00%
35.33%
2023
153
47
200
23.50%
35.67%
2022
179
59
238
24.79%
37.14%
2021
186
54
240
22.50%
35.46%
2020
167
42
209
20.10%
33.86%