B
Progressive Paloverde Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
4.00
Risk Adjusted
Capital Ratio #2
3.50
Loss
Ratio
69.03%
Total
Assets
446.49M
Capital
156.80M
Net
Premiums
136.54M
Net
Income
22.33M
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
11,453
4,457
15,910
28.01%
22.80%
2023
11,012
4,107
15,119
27.16%
22.83%
2022
10,167
3,722
13,889
26.80%
23.10%
2021
10,213
3,602
13,815
26.07%
22.81%
2020
8,517
2,688
11,205
23.99%
21.51%
2019
9,108
3,402
12,510
27.19%
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
4
3
7
42.86%
47.78%
2023
4
3
7
42.86%
47.29%
2022
4
3
7
42.86%
45.44%
2021
3
2
5
40.00%
44.40%
2020
3
2
5
40.00%
42.45%
2019
5
3
8
37.50%
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
0
0
0
0.00%
41.49%
2023
0
0
0
0.00%
38.64%
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
0
0
0
0.00%
74.87%
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
10
6
16
37.50%
12.77%
2023
7
4
11
36.36%
16.34%
2022
10
6
16
37.50%
11.13%
2021
6
5
11
45.45%
18.93%
2020
8
6
14
42.86%
20.93%
2019
5
4
9
44.44%
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
3,271
3,091
6,362
48.59%
45.00%
2023
2,961
2,499
5,460
45.77%
44.64%
2022
2,565
2,192
4,757
46.08%
46.15%
2021
2,659
2,609
5,268
49.53%
46.87%
2020
2,282
2,018
4,300
46.93%
43.90%
2019
2,844
2,256
5,100
44.24%
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%