WCRB 2022 State of the State                                                                        
 
 
21 
 
2020 PRELIMINARY POOL RESULTS 
    
 
 
 
 
 
 
Total Pool Gross Premiums Written 
Net Pool Premiums After Servicing Carrier Allowance, 
Commissions, Charge-Offs, Transfers of Debt and 
Deferred Premium Credit 
$73,346,981 
$52,162,220 
3. Total Paid Losses 
$43,874,20 
4. Total Incurred Losses 
(Outstanding Losses – Unadjusted 2021 - 
$143,271,689) 
$31,948,201 
(Outstanding Losses – Unadjusted 2020 - 
$155,197,768) 
Ratios: 
5. Paid/Written 
59.8% 
6. Incurred/Written 
43.5% 
7. Paid/Net 
84.1% 
8. Incurred/Net 
61.2% 
 
 
FINAL REDETERMINATION OF THE POOL FUND BALANCE AS OF 12-31-19 
 
Net Assets 
$341,294,948
Less Unearned Premium Reserve at 12-31-20 
$31,501,557
Adjusted Value of Net Assets 12-31-20 
$309,793,391
Outstanding Losses Reported by 
Servicing Carriers at 12-31-20 
$155,197,768
Actuarial Adjustment 
$97,774,594
Target Fund Value 
$252,972,362
Net Assets Surplus, 12-31-20 
  $56,821,029
 
 
 
 
 
 
 
 
37931 
1ST AUTO & CASUALTY INS CO 
15873 
AMERICAN FAMILY MUTUAL INS CO S. I. 
18198 
21st CENTURY CENTENNIAL INS CO  
11266 
AMERICAN FIRE & CASUALTY CO 

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