A
Mid-Century Ins Co
Rating Date
November 2024
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
2023
203,850
43,170
247,020
17.48%
22.82%
2022
222,179
16,148
238,327
6.78%
23.10%
2021
203,572
13,524
217,096
6.23%
22.81%
2020
165,205
6,344
171,549
3.70%
21.51%
2019
209,090
8,046
217,136
3.71%
22.66%
2018
216,390
6,480
222,870
2.91%
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
2,918
1,424
4,342
32.80%
47.27%
2022
2,658
1,096
3,754
29.20%
45.41%
2021
2,502
1,000
3,502
28.56%
44.40%
2020
2,064
430
2,494
17.24%
42.42%
2019
2,135
295
2,430
12.14%
44.33%
2018
2,009
292
2,301
12.69%
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
2,372
1,740
4,112
42.32%
38.64%
2022
2,281
1,208
3,489
34.62%
39.39%
2021
2,929
1,534
4,463
34.37%
40.41%
2020
2,800
1,671
4,471
37.37%
48.09%
2019
3,029
2,213
5,242
42.22%
43.30%
2018
3,537
2,259
5,796
38.98%
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
39,973
39,544
79,517
49.73%
36.96%
2022
37,796
30,927
68,723
45.00%
37.08%
2021
37,144
39,377
76,521
51.46%
39.17%
2020
31,252
31,492
62,744
50.19%
35.42%
2019
28,517
34,434
62,951
54.70%
35.34%
2018
31,997
31,713
63,710
49.78%
34.35%
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
7
24
31
77.42%
74.81%
2022
6
24
30
80.00%
73.22%
2021
2
18
20
90.00%
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
2023
14
34
48
70.83%
16.34%
2022
92
273
365
74.79%
11.13%
2021
80
286
366
78.14%
18.93%
2020
85
309
394
78.43%
20.93%
2019
92
357
449
79.51%
16.90%
2018
109
372
481
77.34%
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
52,572
25,599
78,171
32.75%
44.64%
2022
56,542
17,726
74,268
23.87%
46.15%
2021
56,325
15,224
71,549
21.28%
46.87%
2020
49,086
11,854
60,940
19.45%
43.90%
2019
72,529
12,758
85,287
14.96%
42.09%
2018
79,916
14,507
94,423
15.36%
39.60%
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%
2019
0
0
0
0.00%
70.02%
2018
0
0
0
0.00%
70.45%
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
326
100
426
23.47%
35.70%
2022
382
127
509
24.95%
37.14%
2021
398
115
513
22.42%
35.46%
2020
357
90
447
20.13%
33.86%
2019
471
111
582
19.07%
34.01%
2018
606
142
748
18.98%
32.34%
Weiss Ratings