A
Westfield National Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.80
Risk Adjusted
Capital Ratio #2
1.80
Loss
Ratio
74.44%
Total
Assets
937.88M
Capital
365.41M
Net
Premiums
339.01M
Net
Income
8.64M
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
2023
7,784
1,402
9,186
15.26%
22.82%
2022
7,814
1,450
9,264
15.65%
23.10%
2021
6,972
1,414
8,386
16.86%
22.81%
2020
6,477
1,248
7,725
16.16%
21.51%
2019
8,719
1,793
10,512
17.06%
22.66%
2018
8,662
1,801
10,463
17.21%
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
387
154
541
28.47%
47.27%
2022
412
172
584
29.45%
45.41%
2021
421
161
582
27.66%
44.40%
2020
414
133
547
24.31%
42.42%
2019
727
228
955
23.87%
44.33%
2018
933
308
1,241
24.82%
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
635
579
1,214
47.69%
38.64%
2022
494
530
1,024
51.76%
39.39%
2021
452
474
926
51.19%
40.41%
2020
514
486
1,000
48.60%
48.09%
2019
581
636
1,217
52.26%
43.30%
2018
577
713
1,290
55.27%
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
3,160
808
3,968
20.36%
36.96%
2022
2,163
640
2,803
22.83%
37.08%
2021
1,918
655
2,573
25.46%
39.17%
2020
2,232
743
2,975
24.97%
35.42%
2019
2,152
715
2,867
24.94%
35.34%
2018
1,686
616
2,302
26.76%
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
1
2
3
66.67%
74.81%
2022
1
2
3
66.67%
73.22%
2021
1
2
3
66.67%
79.01%
2020
1
2
3
66.67%
80.13%
2019
2
3
5
60.00%
77.47%
2018
2
4
6
66.67%
77.10%
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
50
71
121
58.68%
16.34%
2022
44
58
102
56.86%
11.13%
2021
43
50
93
53.76%
18.93%
2020
51
48
99
48.48%
20.93%
2019
61
93
154
60.39%
16.90%
2018
53
137
190
72.11%
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
1,126
335
1,461
22.93%
44.64%
2022
1,112
313
1,425
21.96%
46.15%
2021
1,125
355
1,480
23.99%
46.87%
2020
1,122
327
1,449
22.57%
43.90%
2019
1,676
440
2,116
20.79%
42.09%
2018
1,722
478
2,200
21.73%
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
1
3
4
75.00%
62.55%
2022
1
2
3
66.67%
56.52%
2021
1
1
2
50.00%
62.74%
2020
0
1
1
100.00%
61.51%
2019
1
2
3
66.67%
70.02%
2018
2
2
4
50.00%
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
199
71
270
26.30%
35.70%
2022
240
90
330
27.27%
37.14%
2021
250
96
346
27.75%
35.46%
2020
221
96
317
30.28%
33.86%
2019
331
122
453
26.93%
34.01%
2018
404
129
533
24.20%
32.34%