A
Technology Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.10
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
69.57%
Total
Assets
7.18B
Capital
1.54B
Net
Premiums
1.86B
Net
Income
64.32M
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
571
571
1,142
50.00%
22.82%
2022
2,752
2,544
5,296
48.04%
23.10%
2021
7,871
937
8,808
10.64%
22.81%
2020
7,024
1,308
8,332
15.70%
21.51%
2019
2,438
310
2,748
11.28%
22.66%
2018
12
2
14
14.29%
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
1,228
32
1,260
2.54%
47.27%
2022
3,673
593
4,266
13.90%
45.41%
2021
1,009
122
1,131
10.79%
44.40%
2020
1,338
142
1,480
9.59%
42.42%
2019
3,572
736
4,308
17.08%
44.33%
2018
5,744
2,026
7,770
26.07%
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
1,313
8
1,321
0.61%
38.64%
2022
952
6
958
0.63%
39.39%
2021
1,128
29
1,157
2.51%
40.41%
2020
1,341
203
1,544
13.15%
48.09%
2019
1,592
417
2,009
20.76%
43.30%
2018
1,425
868
2,293
37.85%
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
0
0
0
0.00%
36.96%
2022
0
0
0
0.00%
37.08%
2021
284
55
339
16.22%
39.17%
2020
1,128
247
1,375
17.96%
35.42%
2019
0
0
0
0.00%
35.34%
2018
1,258
430
1,688
25.47%
34.35%
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
2023
0
0
0
0.00%
92.52%
2022
0
0
0
0.00%
92.14%
2021
0
0
0
0.00%
91.74%
2020
0
0
0
0.00%
93.85%
2019
0
0
0
0.00%
93.92%
2018
0
0
0
0.00%
92.98%
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
80
3
83
3.61%
74.81%
2022
97
5
102
4.90%
73.22%
2021
70
6
76
7.89%
79.01%
2020
84
12
96
12.50%
80.13%
2019
53
40
93
43.01%
77.47%
2018
37
216
253
85.38%
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
70
15
85
17.65%
16.34%
2022
71
22
93
23.66%
11.13%
2021
56
37
93
39.78%
18.93%
2020
272
62
334
18.56%
20.93%
2019
496
203
699
29.04%
16.90%
2018
926
385
1,311
29.37%
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
2022
860
436
1,296
33.64%
46.15%
2021
1,722
902
2,624
34.38%
46.87%
2020
2,210
0
2,210
0.00%
43.90%
2019
0
0
0
0.00%
42.09%
2018
3,791
302
4,093
7.38%
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
55
4
59
6.78%
62.55%
2022
48
2
50
4.00%
56.52%
2021
8
0
8
0.00%
62.74%
2020
85
6
91
6.59%
61.51%
2019
190
106
296
35.81%
70.02%
2018
337
164
501
32.73%
70.45%
Warranty
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
29,620
8,198
37,818
21.68%
4.57%
2022
29,114
8,656
37,770
22.92%
4.29%
2021
29,048
9,935
38,983
25.49%
5.64%
2020
27,353
10,933
38,286
28.56%
5.60%
2019
33,427
13,232
46,659
28.36%
6.35%
2018
32,914
16,738
49,652
33.71%
9.76%
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
28,530
672
29,202
2.30%
35.70%
2022
25,841
691
26,532
2.60%
37.14%
2021
17,197
560
17,757
3.15%
35.46%
2020
17,784
112
17,896
0.63%
33.86%
2019
24,108
2,824
26,932
10.49%
34.01%
2018
22,112
8,550
30,662
27.88%
32.34%