B
Preferred Professional Ins Co
Boston,  MA
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
12.20
Risk Adjusted
Capital Ratio #2
11.00
Loss
Ratio
--
Total
Assets
177.30M
Capital
97.97M
Net
Premiums
0.00
Net
Income
1.88M
My Lists My Alerts
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
2024
276
714
990
72.12%
47.78%
2023
201
587
788
74.49%
47.29%
2022
270
235
505
46.53%
45.44%
2021
75
33
108
30.56%
44.40%
Medical Professional 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
1
1
100.00%
96.35%
2023
0
9
9
100.00%
95.21%
2022
0
4
4
100.00%
96.00%
2021
5
102
107
95.33%
93.58%
2020
115
17
132
12.88%
94.02%
2019
200
257
457
56.24%
94.59%
Medical Professional 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
1
0
1
0.00%
92.34%
2021
1
1
2
50.00%
91.74%
2020
4
0
4
0.00%
93.85%
2019
1
2
3
66.67%
93.92%
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
5
47
52
90.38%
81.20%
2023
1
54
55
98.18%
74.87%
2022
0
24
24
100.00%
72.69%
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
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%
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
2024
205
73
278
26.26%
35.29%
2023
1,004
183
1,187
15.42%
35.67%
2022
2,336
318
2,654
11.98%
37.14%
2021
1,466
254
1,720
14.77%
35.46%
2020
818
167
985
16.95%
33.86%
2019
288
49
337
14.54%
34.01%