Company Details

  MMIC INSURANCE INC License Status :
Active

NAIC Number :

16942


Phone Number:

9528386700


Company Address:

7650 Edinborough Way, Suite 525 
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
2022 Total Property & Casualty 0.01% $3,852,730 $4,712,842 $2,909,219 $2,593,197 55.02 %
2022 Total Medical Malpractice 1.51% $3,815,815 $4,593,575 $2,909,219 $2,710,500 59.01 %
2022 Medical Malpractice - Physicians & Surgeons 2.62% $3,630,433 $3,695,251 $1,962,070 $1,523,470 41.23 %
2022 Medical Malpractice - Hospitals 0.22% $185,382 $898,324 $947,149 $1,187,030 N/A
2022 Other Liability - Bodily Injury & Property Damage 0.00% $36,915 $119,267 $0 $-117,303 -98.35 %
2021 Total Property & Casualty 0.02% $5,722,854 $5,057,195 $731,250 $5,555,025 N/A
2021 Total Medical Malpractice 2.26% $5,451,718 $4,828,463 $731,250 $5,466,951 N/A
2021 Medical Malpractice - Physicians & Surgeons 2.59% $3,493,794 $3,201,318 $725,000 $4,464,168 N/A
2021 Medical Malpractice - Hospitals 2.42% $1,957,924 $1,627,145 $6,250 $1,002,783 61.63 %
2021 Other Liability - Bodily Injury & Property Damage 0.01% $271,136 $228,732 $0 $88,074 38.51 %

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.