B
Allegany Co-op Ins Co
CubaNY
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
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
2024
48
24
72
33.33%
41.49%
2023
54
17
71
23.94%
38.64%
2022
54
29
83
34.94%
39.39%
2021
53
20
73
27.40%
40.41%
2020
50
23
73
31.51%
48.09%
2019
44
30
74
40.54%
43.30%
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
2024
173
55
228
24.12%
39.63%
2023
155
35
190
18.42%
36.96%
2022
196
33
229
14.41%
37.07%
2021
205
42
247
17.00%
39.17%
2020
173
56
229
24.45%
35.42%
2019
174
82
256
32.03%
35.34%
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
2024
0
0
0
0.00%
81.20%
2023
0
0
0
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
0
0
0
0.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
0
0
0.00%
77.47%
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
2024
0
0
0
0.00%
12.77%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%