A
Farmers Ppty & Cas Ins Co
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
325,754
58,265
384,019
15.17%
22.82%
2022
342,560
51,316
393,876
13.03%
23.10%
2021
304,251
38,443
342,694
11.22%
22.81%
2020
291,628
35,522
327,150
10.86%
21.51%
2019
377,276
54,222
431,498
12.57%
22.66%
2018
365,885
49,745
415,630
11.97%
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
0
2
0.00%
47.27%
2022
59
0
59
0.00%
45.41%
2021
469
55
524
10.50%
44.40%
2020
7
1,767
1,774
99.61%
42.42%
2019
37
2,015
2,052
98.20%
44.33%
2018
6
2,188
2,194
99.73%
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
2022
5
0
5
0.00%
39.39%
2021
218
32
250
12.80%
40.41%
2020
6
684
690
99.13%
48.09%
2019
10
468
478
97.91%
43.30%
2018
4
311
315
98.73%
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
51,509
21,817
73,326
29.75%
36.96%
2022
45,246
17,864
63,110
28.31%
37.08%
2021
51,867
20,702
72,569
28.53%
39.17%
2020
58,416
21,591
80,007
26.99%
35.42%
2019
51,580
21,280
72,860
29.21%
35.34%
2018
62,701
23,365
86,066
27.15%
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
4
11
36.36%
16.34%
2022
5
3
8
37.50%
11.13%
2021
6
4
10
40.00%
18.93%
2020
7
2
9
22.22%
20.93%
2019
3
5
8
62.50%
16.90%
2018
1
3
4
75.00%
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
58,491
36,911
95,402
38.69%
44.64%
2022
57,196
35,434
92,630
38.25%
46.15%
2021
54,185
28,629
82,814
34.57%
46.87%
2020
56,875
27,426
84,301
32.53%
43.90%
2019
88,648
41,133
129,781
31.69%
42.09%
2018
90,168
36,219
126,387
28.66%
39.60%