C
Texas Farm Bureau Mutl Ins Co
WacoTX
Rating Date
April 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
2023
33,242
0
33,242
0.00%
22.82%
2022
31,906
0
31,906
0.00%
23.10%
2021
35,557
0
35,557
0.00%
22.81%
2020
33,638
0
33,638
0.00%
21.51%
2019
41,576
0
41,576
0.00%
22.66%
2018
30,901
0
30,901
0.00%
21.92%
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
47
1
48
2.08%
38.64%
2022
22
3
25
12.00%
39.39%
2021
54
9
63
14.29%
40.41%
2020
35
1
36
2.78%
48.09%
2019
46
3
49
6.12%
43.30%
2018
37
2
39
5.13%
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
21,812
1,997
23,809
8.39%
36.96%
2022
12,929
4,089
17,018
24.03%
37.08%
2021
23,884
2,217
26,101
8.49%
39.17%
2020
15,756
2,869
18,625
15.40%
35.42%
2019
17,460
1,654
19,114
8.65%
35.34%
2018
13,789
1,969
15,758
12.50%
34.35%
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
7
0
7
0.00%
16.34%
2022
9
0
9
0.00%
11.13%
2021
14
0
14
0.00%
18.93%
2020
11
0
11
0.00%
20.93%
2019
11
0
11
0.00%
16.90%
2018
10
0
10
0.00%
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
8,241
0
8,241
0.00%
44.64%
2022
9,280
0
9,280
0.00%
46.15%
2021
10,201
0
10,201
0.00%
46.87%
2020
10,873
0
10,873
0.00%
43.90%
2019
15,086
0
15,086
0.00%
42.09%
2018
17,657
0
17,657
0.00%
39.60%