B
American Security Ins Co
AtlantaGA
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
1
0
1
0.00%
22.80%
2023
3
0
3
0.00%
22.83%
2022
1
0
1
0.00%
23.10%
2021
27
6
33
18.18%
22.81%
2020
72
7
79
8.86%
21.51%
2019
59
11
70
15.71%
22.66%
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
2019
0
0
0
0.00%
43.30%
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
731
646
1,377
46.91%
39.63%
2023
778
633
1,411
44.86%
36.96%
2022
687
576
1,263
45.61%
37.07%
2021
762
690
1,452
47.52%
39.17%
2020
818
608
1,426
42.64%
35.42%
2019
977
618
1,595
38.75%
35.34%
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
0
3
3
100.00%
12.77%
2023
0
2
2
100.00%
16.34%
2022
0
2
2
100.00%
11.13%
2021
0
3
3
100.00%
18.93%
2020
127
13
140
9.29%
20.93%
2019
1,069
8
1,077
0.74%
16.90%
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
0
0
0
0.00%
45.00%
2023
0
0
0
0.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
4
1
5
20.00%
46.87%
2020
4
0
4
0.00%
43.90%
2019
9
2
11
18.18%
42.09%
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
2024
0
0
0
0.00%
3.78%
2023
0
0
0
0.00%
4.57%
2022
0
0
0
0.00%
4.29%
2021
0
0
0
0.00%
5.64%
2020
0
0
0
0.00%
5.60%
2019
0
0
0
0.00%
6.35%