C
Harco National Ins Co
Raleigh,  NC
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.30
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
64.63%
Total
Assets
1.65B
Capital
999.86M
Net
Premiums
318.64M
Net
Income
13.00M
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
420
150
570
26.32%
22.82%
2022
482
219
701
31.24%
23.10%
2021
506
266
772
34.46%
22.81%
2020
676
458
1,134
40.39%
21.51%
2019
1,405
337
1,742
19.35%
22.66%
2018
948
468
1,416
33.05%
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
248
253
501
50.50%
47.27%
2022
320
333
653
51.00%
45.41%
2021
378
418
796
52.51%
44.40%
2020
439
453
892
50.78%
42.42%
2019
600
596
1,196
49.83%
44.33%
2018
685
703
1,388
50.65%
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
27
24
51
47.06%
38.64%
2022
28
31
59
52.54%
39.39%
2021
130
185
315
58.73%
40.41%
2020
126
434
560
77.50%
48.09%
2019
127
839
966
86.85%
43.30%
2018
109
668
777
85.97%
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
7
13
20
65.00%
36.96%
2022
1,039
587
1,626
36.10%
37.08%
2021
3,013
2,037
5,050
40.34%
39.17%
2020
1,659
934
2,593
36.02%
35.42%
2019
928
694
1,622
42.79%
35.34%
2018
735
541
1,276
42.40%
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
41
42
97.62%
74.81%
2022
1
21
22
95.45%
73.22%
2021
0
1
1
100.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
0
0
0.00%
77.47%
2018
0
0
0
0.00%
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
6
23
29
79.31%
16.34%
2022
10
26
36
72.22%
11.13%
2021
10
35
45
77.78%
18.93%
2020
26
41
67
61.19%
20.93%
2019
49
60
109
55.05%
16.90%
2018
49
95
144
65.97%
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
0
0
0
0.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
20
16
36
44.44%
46.87%
2020
155
320
475
67.37%
43.90%
2019
1,144
219
1,363
16.07%
42.09%
2018
328
324
652
49.69%
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
2
2
4
50.00%
62.55%
2022
2
3
5
60.00%
56.52%
2021
3
3
6
50.00%
62.74%
2020
1
1
2
50.00%
61.51%
2019
1
2
3
66.67%
70.02%
2018
2
1
3
33.33%
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
4
3
7
42.86%
35.70%
2022
6
5
11
45.45%
37.14%
2021
3
7
10
70.00%
35.46%
2020
7
6
13
46.15%
33.86%
2019
4
3
7
42.86%
34.01%
2018
6
3
9
33.33%
32.34%