C
Mendakota 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
1,923
1,044
2,967
35.19%
23.31%
2023
1,017
506
1,523
33.22%
22.83%
2022
928
454
1,382
32.85%
23.10%
2021
804
444
1,248
35.58%
22.81%
2020
738
465
1,203
38.65%
21.51%
2019
752
524
1,276
41.07%
22.66%
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
2,277
2,061
4,338
47.51%
45.22%
2023
813
598
1,411
42.38%
44.64%
2022
654
500
1,154
43.33%
46.15%
2021
773
610
1,383
44.11%
46.87%
2020
929
769
1,698
45.29%
43.90%
2019
1,189
917
2,106
43.54%
42.09%