B
Safety National Casualty Corp
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
2023
16
11
27
40.74%
22.82%
2022
19
20
39
51.28%
23.10%
2021
27
15
42
35.71%
22.81%
2020
19
13
32
40.63%
21.51%
2019
11
8
19
42.11%
22.66%
2018
13
6
19
31.58%
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
3
66
69
95.65%
47.27%
2022
4
48
52
92.31%
45.41%
2021
7
107
114
93.86%
44.40%
2020
16
81
97
83.51%
42.42%
2019
2
62
64
96.88%
44.33%
2018
9
65
74
87.84%
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
2022
0
0
0
0.00%
39.39%
2021
0
0
0
0.00%
40.41%
2020
0
0
0
0.00%
48.09%
2019
0
0
0
0.00%
43.30%
2018
0
0
0
0.00%
41.13%
Medical Professional 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%
95.21%
2022
0
0
0
0.00%
96.00%
2021
0
0
0
0.00%
93.58%
2020
0
0
0
0.00%
94.02%
2019
0
0
0
0.00%
94.59%
2018
0
0
0
0.00%
94.39%
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
2
25
27
92.59%
74.81%
2022
0
1
1
100.00%
73.22%
2021
0
4
4
100.00%
79.01%
2020
0
2
2
100.00%
80.13%
2019
0
7
7
100.00%
77.47%
2018
0
3
3
100.00%
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
19
1,727
1,746
98.91%
16.34%
2022
2
1,742
1,744
99.89%
11.13%
2021
3
1,968
1,971
99.85%
18.93%
2020
4
8,630
8,634
99.95%
20.93%
2019
4
1,615
1,619
99.75%
16.90%
2018
2
1,316
1,318
99.85%
11.94%
Product 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
2021
0
0
0
0.00%
84.45%
2020
0
0
0
0.00%
83.02%
2019
0
0
0
0.00%
81.57%
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
1
2
3
66.67%
62.55%
2022
0
12
12
100.00%
56.52%
2021
0
3
3
100.00%
62.74%
2020
0
4
4
100.00%
61.51%
2019
0
7
7
100.00%
70.02%
2018
0
4
4
100.00%
70.45%
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
2,016
569
2,585
22.01%
35.70%
2022
2,912
583
3,495
16.68%
37.14%
2021
2,917
481
3,398
14.16%
35.46%
2020
4,177
588
4,765
12.34%
33.86%
2019
1,614
293
1,907
15.36%
34.01%
2018
1,379
321
1,700
18.88%
32.34%