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Company Details
MEDICA INSURANCE COMPANY License Status :
Active
NAIC Number :
12459
Phone Number:
9529923308
Company Address:
401 Carlson Parkway Number CP250
Minnetonka, MN 55305
Description:
Property and Casualty
License Number:
B431725
Date Admitted:
2018-04-20
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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Accident & Health | 0.14% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
| 2021 | Total Individual Accident & Health | 0.46% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
| 2021 | Individual Comprehensive Medical Expense | 1.45% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
| 2020 | Total Accident & Health | 0.03% | $19,692,733 | $19,692,733 | $17,705,044 | $16,279,910 | 82.67 % |
| 2020 | Total Individual Accident & Health | 0.08% | $19,692,733 | $19,692,733 | $17,705,044 | $16,279,910 | 82.67 % |
| 2020 | Individual Comprehensive Medical Expense | 0.27% | $19,692,733 | $19,692,733 | $17,705,044 | $16,279,910 | 82.67 % |
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 |
|---|---|---|---|---|
| 2021 | Health | 0.49% | 39 | 277 |
| 2020 | Health | 0.14% | 12 | 257 |
Company Changes
Effective Date: 04/20/2018
Comments: Effective 4/20/2018 this company was admitted as a property and casualty insurer with B4, accident and health authority.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.