B
Mid-Century Ins Co
Rating Date
June 2026
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
2025
137,406
46,228
183,634
25.17%
23.88%
2024
56,691
17,575
74,266
23.66%
23.31%
2023
203,850
43,170
247,020
17.48%
22.83%
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%
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
3,146
2,085
5,231
39.86%
49.08%
2024
278
170
448
37.95%
47.46%
2023
2,918
1,424
4,342
32.80%
47.29%
2022
2,658
1,096
3,754
29.20%
45.44%
2021
2,502
1,000
3,502
28.56%
44.40%
2020
2,064
430
2,494
17.24%
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
1,064
854
1,918
44.53%
42.44%
2024
0
0
0
0.00%
41.75%
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%
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
23,177
28,904
52,081
55.50%
38.98%
2024
20,115
14,063
34,178
41.15%
39.58%
2023
39,973
39,544
79,517
49.73%
36.96%
2022
37,796
30,927
68,723
45.00%
37.07%
2021
37,144
39,377
76,521
51.46%
39.17%
2020
31,252
31,492
62,744
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
6
18
24
75.00%
83.87%
2024
0
0
0
0.00%
81.44%
2023
7
24
31
77.42%
74.87%
2022
6
24
30
80.00%
72.69%
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
2025
94
346
440
78.64%
13.25%
2024
2
1
3
33.33%
12.32%
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%
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
48,182
30,382
78,564
38.67%
45.21%
2024
22,509
15,044
37,553
40.06%
45.23%
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%
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
2024
0
0
0
0.00%
63.97%
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
214
43
257
16.73%
34.83%
2024
0
0
0
0.00%
35.33%
2023
326
100
426
23.47%
35.67%
2022
382
127
509
24.95%
37.14%
2021
398
115
513
22.42%
35.46%
2020
357
90
447
20.13%
33.86%