B
Merastar Ins Co
ChicagoIL
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
2024
29
14
43
32.56%
22.80%
2023
60
25
85
29.41%
22.83%
2022
217
52
269
19.33%
23.10%
2021
269
54
323
16.72%
22.81%
2020
246
57
303
18.81%
21.51%
2019
403
102
505
20.20%
22.66%
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
14
0
14
0.00%
39.63%
2023
15
7
22
31.82%
36.96%
2022
58
10
68
14.71%
37.07%
2021
54
25
79
31.65%
39.17%
2020
90
37
127
29.13%
35.42%
2019
85
40
125
32.00%
35.34%
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
2024
26
16
42
38.10%
45.00%
2023
27
14
41
34.15%
44.64%
2022
77
54
131
41.22%
46.15%
2021
78
60
138
43.48%
46.87%
2020
80
45
125
36.00%
43.90%
2019
143
89
232
38.36%
42.09%