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Company Details
MIC PROPERTY AND CASUALTY INSURANCE CORPORATION License Status :
Active
NAIC Number :
38601
Phone Number:
3136565437
Company Address:
500 WOODWARD AVE, 14TH FLOOR
DETROIT, MI 48226
Description:
Property and Casualty
License Number:
B420796
Date Admitted:
1982-11-01
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 Property & Casualty | 0.00% | $108,996 | $1,196,759 | $575,773 | $611,965 | 51.14 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | -0.01% | $-48,977 | $1,038,097 | $412,007 | $455,502 | 43.88 % |
| 2023 | Other Liability - Warranty | 0.62% | $157,973 | $158,662 | $163,766 | $156,463 | 98.61 % |
| 2022 | Total Property & Casualty | 0.00% | $439,119 | $1,690,720 | $346,183 | $-3,712 | -0.22 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.03% | $277,501 | $1,532,621 | $213,888 | $-137,301 | -8.96 % |
| 2022 | Other Liability - Warranty | 0.54% | $161,618 | $158,099 | $132,295 | $133,589 | 84.50 % |
| 2021 | Total Property & Casualty | 0.02% | $2,075,323 | $2,163,899 | $1,104,067 | $1,067,060 | 49.31 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.23% | $1,889,161 | $1,940,075 | $1,011,161 | $971,170 | 50.06 % |
| 2021 | Other Liability - Warranty | 0.40% | $186,162 | $223,824 | $92,906 | $95,890 | 42.84 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
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Link to Complaint Index PageCompany Changes
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Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.