C
Lancer Ins Co of NJ
Rating Date
June 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
53
18
71
25.35%
23.31%
2023
50
27
77
35.06%
22.83%
2022
50
32
82
39.02%
23.10%
2021
34
21
55
38.18%
22.81%
2020
1
1
2
50.00%
21.51%
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
121
229
350
65.43%
47.44%
2023
113
180
293
61.43%
47.29%
2022
121
190
311
61.09%
45.44%
2021
61
96
157
61.15%
44.40%
2020
1
0
1
0.00%
42.45%
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
2
0
2
0.00%
39.39%
2021
23
6
29
20.69%
40.41%
2020
1
2
3
66.67%
48.09%