B
NOVA Casualty Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.10
Risk Adjusted
Capital Ratio #2
2.10
Loss
Ratio
--
Total
Assets
102.61M
Capital
101.65M
Net
Premiums
0.00
Net
Income
904.73K
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
2024
120
45
165
27.27%
22.80%
2023
170
49
219
22.37%
22.83%
2022
160
56
216
25.93%
23.10%
2021
183
68
251
27.09%
22.81%
2020
150
43
193
22.28%
21.51%
2019
313
85
398
21.36%
22.66%
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
68
31
99
31.31%
47.78%
2023
98
44
142
30.99%
47.29%
2022
105
39
144
27.08%
45.44%
2021
127
44
171
25.73%
44.40%
2020
137
47
184
25.54%
42.45%
2019
229
100
329
30.40%
44.33%
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
195
118
313
37.70%
41.49%
2023
236
146
382
38.22%
38.64%
2022
237
131
368
35.60%
39.39%
2021
311
224
535
41.87%
40.41%
2020
294
424
718
59.05%
48.09%
2019
337
282
619
45.56%
43.30%
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
2020
0
1
1
100.00%
80.13%
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
82
524
606
86.47%
12.77%
2023
78
388
466
83.26%
16.34%
2022
90
418
508
82.28%
11.13%
2021
117
553
670
82.54%
18.93%
2020
134
610
744
81.99%
20.93%
2019
159
628
787
79.80%
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
254
61
315
19.37%
35.29%
2023
272
115
387
29.72%
35.67%
2022
601
229
830
27.59%
37.14%
2021
753
268
1,021
26.25%
35.46%
2020
726
156
882
17.69%
33.86%
2019
1,050
215
1,265
17.00%
34.01%