Company search
Company Details
PHYSICIANS MUTUAL INSURANCE COMPANY License Status :
Active
NAIC Number :
80578
Phone Number:
4026331000
Company Address:
2600 Dodge Street
Omaha, NE 68131-2671
Description:
Property and Casualty
License Number:
B418883
Date Admitted:
2022-05-23
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.04% | $6,443,923 | $6,493,893 | $4,941,864 | $4,655,323 | 71.69 % |
| 2023 | Total Individual Accident & Health | 0.07% | $3,523,297 | $3,560,384 | $3,228,347 | $2,915,747 | 81.89 % |
| 2023 | Individual Medicare Supplement | 0.40% | $2,133,028 | $2,149,439 | $2,057,988 | $2,078,241 | 96.69 % |
| 2023 | Individual Long Term Care | 0.37% | $732,097 | $766,202 | $764,703 | $471,781 | 61.57 % |
| 2023 | Individual Specified Disease | 0.06% | $62,834 | $62,629 | $39,786 | $7,996 | 12.77 % |
| 2023 | Individual Accident Only | 0.01% | $11,876 | $11,854 | $7,520 | $1,118 | 9.43 % |
| 2023 | Individual Disability Income | 0.00% | $436 | $436 | $0 | $-392 | -89.91 % |
| 2023 | Individual Dental | 0.48% | $252,405 | $234,664 | $149,002 | $108,444 | 46.21 % |
| 2023 | Individual Limited Benefit | 0.29% | $330,621 | $335,160 | $209,348 | $248,559 | 74.16 % |
| 2023 | Total Group Accident & Health | 0.03% | $2,920,626 | $2,933,509 | $1,713,517 | $1,739,576 | 59.30 % |
| 2023 | Group Medicare Supplement | 0.00% | $0 | $0 | $0 | $-35 | N/A |
| 2023 | Group Specified Disease | 0.01% | $3,784 | $3,780 | $0 | $535 | 14.15 % |
| 2023 | Group Dental | 0.90% | $2,916,842 | $2,929,729 | $1,713,517 | $1,739,076 | 59.36 % |
| 2022 | Total Accident & Health | 0.05% | $6,599,807 | $6,652,559 | $5,017,967 | $5,260,056 | 79.07 % |
| 2022 | Total Individual Accident & Health | 0.07% | $3,544,710 | $3,595,532 | $3,260,261 | $3,489,272 | 97.04 % |
| 2022 | Individual Medicare Supplement | 0.45% | $2,247,410 | $2,283,002 | $2,157,360 | $2,148,072 | 94.09 % |
| 2022 | Individual Long Term Care | 0.41% | $808,562 | $816,055 | $845,801 | $1,136,850 | N/A |
| 2022 | Individual Specified Disease | 0.06% | $64,841 | $66,107 | $32,892 | $27,841 | 42.12 % |
| 2022 | Individual Accident Only | 0.02% | $14,137 | $14,226 | $2,000 | $2,270 | 15.96 % |
| 2022 | Individual Disability Income | 0.00% | $436 | $436 | $2,333 | $-10,884 | -2,496.33 % |
| 2022 | Individual Dental | 0.12% | $53,100 | $53,381 | $49,164 | $49,716 | 93.13 % |
| 2022 | Individual Limited Benefit | 0.36% | $356,224 | $362,325 | $170,711 | $135,407 | 37.37 % |
| 2022 | Total Group Accident & Health | 0.04% | $3,055,097 | $3,057,027 | $1,757,706 | $1,770,784 | 57.93 % |
| 2022 | Group Medicare Supplement | 0.00% | $466 | $466 | $0 | $-165 | -35.41 % |
| 2022 | Group Specified Disease | 0.01% | $4,050 | $4,160 | $3,074 | $2,568 | 61.73 % |
| 2022 | Group Dental | 1.00% | $3,050,581 | $3,052,401 | $1,754,632 | $1,768,381 | 57.93 % |
| 2021 | Total Accident & Health | 0.06% | $6,844,805 | $6,874,338 | $4,894,371 | $4,940,266 | 71.87 % |
| 2021 | Total Individual Accident & Health | 0.08% | $3,803,782 | $3,837,233 | $3,093,082 | $3,161,310 | 82.39 % |
| 2021 | Individual Medicare Supplement | 0.41% | $2,382,411 | $2,393,102 | $1,935,818 | $1,894,356 | 79.16 % |
| 2021 | Individual Long Term Care | 0.41% | $855,140 | $870,727 | $834,758 | $950,417 | N/A |
| 2021 | Individual Specified Disease | 0.07% | $71,408 | $71,824 | $64,232 | $64,397 | 89.66 % |
| 2021 | Individual Accident Only | 0.03% | $16,226 | $16,230 | $500 | $139 | 0.86 % |
| 2021 | Individual Disability Income | 0.00% | $436 | $436 | $4,800 | $3,859 | N/A |
| 2021 | Individual Dental | 0.10% | $47,068 | $47,180 | $45,420 | $45,378 | 96.18 % |
| 2021 | Individual Limited Benefit | 0.63% | $431,093 | $437,734 | $207,554 | $202,764 | 46.32 % |
| 2021 | Total Group Accident & Health | 0.04% | $3,041,023 | $3,037,105 | $1,801,289 | $1,778,956 | 58.57 % |
| 2021 | Group Medicare Supplement | 0.00% | $3,038 | $3,038 | $1,236 | $1,224 | 40.29 % |
| 2021 | Group Specified Disease | 0.01% | $4,440 | $4,660 | $2,228 | $2,381 | 51.09 % |
| 2021 | Group Dental | 0.97% | $3,033,545 | $3,029,407 | $1,797,825 | $1,775,351 | 58.60 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.06% | 3 | 222 |
| 2023 | Long-Term Care Insurance | 0.33% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 0.28% | 0 | 0 |
| 2022 | Health | 0.08% | 1 | 56 |
| 2022 | Long-Term Care Insurance | 0.35% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.30% | 0 | 0 |
| 2021 | Health | 0.09% | 0 | 0 |
| 2021 | Long-Term Care Insurance | 0.38% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.34% | 0 | 0 |
Company Changes
Effective Date: 05/23/2022
Comments: Effective 05/23/2022 the above company converted from a Chapter 376 Life & Health mutual to a Chapter 379 Property & Casualty mutual and is authorized to write B1-Property and B4-Accident & Health lines.
Market Conduct
Date: 06/21/2022
Financial Exams
This company does not have any financial exams.