Company Details

  MMIC INSURANCE INC License Status :
Active

NAIC Number :

16942


Phone Number:

952-838-6700


Company Address:

7701 FRANCE AVENUE SOUTH, SUITE 500 
MINNEAPOLIS, MN  55435

Description:

Property and Casualty


License Number:

B424584


Date Admitted:

2003-01-17


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
2019 Total Property & Casualty 0.01% $3,601,102 $3,551,177 $580,000 $616,682 17.37 %
2019 Total Medical Malpractice 2.23% $3,497,514 $3,449,714 $580,000 $589,952 17.10 %
2019 Medical Malpractice - Physicians & Surgeons 2.93% $2,805,071 $2,780,086 $505,000 $376,564 13.55 %
2019 Medical Malpractice - Hospitals 1.75% $692,443 $669,628 $75,000 $213,388 31.87 %
2019 Other Liability - Bodily Injury & Property Damage 0.01% $103,588 $101,463 $0 $26,730 26.34 %
2018 Total Property & Casualty 0.01% $3,261,375 $2,908,073 $585,000 $383,801 13.20 %
2018 Total Medical Malpractice 2.13% $3,191,731 $2,852,742 $585,000 $372,357 13.05 %
2018 Medical Malpractice - Physicians & Surgeons 2.82% $2,717,661 $2,575,681 $585,000 $278,280 10.80 %
2018 Medical Malpractice - Hospitals 1.51% $474,070 $277,061 $0 $94,077 33.96 %
2018 Other Liability - Bodily Injury & Property Damage 0.00% $69,644 $55,331 $0 $11,444 20.68 %
2017 Total Property & Casualty 0.01% $2,850,375 $2,902,480 $139,560 $-164,321 -5.66 %
2017 Total Medical Malpractice 1.66% $2,803,899 $2,863,506 $125,000 $-175,007 -6.11 %
2017 Medical Malpractice - Physicians & Surgeons 2.32% $2,686,562 $2,802,577 $125,000 $-191,707 -6.84 %
2017 Medical Malpractice - Hospitals 0.39% $117,337 $60,929 $0 $16,700 27.41 %
2017 Other Liability - Bodily Injury & Property Damage 0.00% $46,476 $38,974 $14,560 $10,686 27.42 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes

Effective Date: 04/19/2010

Comments: Midwest Medical Insurance Co. changed its name to MMIC Insurance Inc.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.