Company Details
Company Name:
MMIC INSURANCE INCLicense Status:
ActiveNAIC Number:
16942Company Address:
7650 Edinborough Way, Suite 525 Minneapolis, MN 55435
Phone Number:
9528386700Mailing Address:
7650 Edinborough Way, Suite 525 Minneapolis, MN 55435
Mailing Phone:
9528386700Description:
Property and Casualty (Ch 379, RSMo)License Number:
B424584Date Admitted:
2003-01-17Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | In Force | Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Total Property & Casualty | 0.03% | $4,794,909 | $5,021,966 | $0 | $1,102,157 | $128,797 | $0 | 11.69% |
| 2025 | Total Medical Malpractice | 3.53% | $4,751,640 | $4,975,594 | $0 | $1,070,000 | $143,257 | $0 | 13.39% |
| 2025 | Medical Malpractice - Physicians & Surgeons | 5.18% | $3,906,477 | $4,072,431 | $0 | $1,070,000 | $-267,235 | $0 | -24.98% |
| 2025 | Medical Malpractice - Dentists | 17.33% | $845,163 | $903,163 | $0 | $0 | $410,492 | $0 | 0% |
| 2025 | Other Liability - Bodily Injury & Property Damage | 0% | $43,269 | $46,372 | $0 | $32,157 | $-14,460 | $0 | -44.97% |
| 2024 | Total Property & Casualty | 0.03% | $4,490,925 | $4,817,761 | $0 | $3,132,631 | $3,020,043 | $0 | 96.41% |
| 2024 | Total Medical Malpractice | 3.01% | $4,444,943 | $4,770,239 | $0 | $3,055,000 | $2,968,446 | $0 | 97.17% |
| 2024 | Medical Malpractice - Physicians & Surgeons | 4.94% | $3,780,395 | $4,019,753 | $0 | $1,870,000 | $-401,763 | $0 | -21.48% |
| 2024 | Medical Malpractice - Dentists | 6.18% | $456,598 | $462,930 | $0 | $0 | $3,371,829 | $0 | 0% |
| 2024 | Medical Malpractice - Other | 1.2% | $207,950 | $287,556 | $0 | $1,185,000 | $-1,620 | $0 | -0.14% |
| 2024 | Other Liability - Bodily Injury & Property Damage | 0% | $45,982 | $47,522 | $0 | $77,631 | $51,597 | $0 | 66.46% |
| 2023 | Total Property & Casualty | 0.03% | $4,673,065 | $4,478,287 | $0 | $1,969,268 | $1,969,268 | $0 | 100% |
| 2023 | Total Medical Malpractice | 3.07% | $4,673,065 | $4,478,287 | $0 | $1,969,268 | $1,969,268 | $0 | 100% |
| 2023 | Medical Malpractice - Physicians & Surgeons | 5.83% | $4,673,065 | $4,478,287 | $0 | $1,969,268 | $1,969,268 | $0 | 100% |
| 2022 | Total Property & Casualty | 0.03% | $3,852,730 | $4,712,842 | $0 | $2,909,219 | $2,593,197 | $0 | 89.14% |
| 2022 | Total Medical Malpractice | 2.78% | $3,815,815 | $4,593,575 | $0 | $2,909,219 | $2,710,500 | $0 | 93.17% |
| 2022 | Medical Malpractice - Physicians & Surgeons | 4.94% | $3,630,433 | $3,695,251 | $0 | $1,962,070 | $1,523,470 | $0 | 77.65% |
| 2022 | Medical Malpractice - Hospitals | 0.43% | $185,382 | $898,324 | $0 | $947,149 | $1,187,030 | $0 | 125.33% |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0% | $36,915 | $119,267 | $0 | $0 | $-117,303 | $0 | 0% |
| 2021 | Total Property & Casualty | 0.04% | $5,722,854 | $5,057,195 | $0 | $731,250 | $5,555,025 | $0 | 0% |
| 2021 | Total Medical Malpractice | 4.14% | $5,451,718 | $4,828,463 | $0 | $731,250 | $5,466,951 | $0 | 0% |
| 2021 | Medical Malpractice - Physicians & Surgeons | 4.68% | $3,493,794 | $3,201,318 | $0 | $725,000 | $4,464,168 | $0 | 0% |
| 2021 | Medical Malpractice - Hospitals | 4.64% | $1,957,924 | $1,627,145 | $0 | $6,250 | $1,002,783 | $0 | 0% |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.03% | $271,136 | $228,732 | $0 | $0 | $88,074 | $0 | 0% |
Complaint Index
Company Changes
Date:
2010-04-19Comments:
Midwest Medical Insurance Co. changed its name to MMIC Insurance Inc.Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.