Company Details
Company Name:
MAG MUTUAL INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
42617Company Address:
3535 PIEDMONT RD, BUILDING 14, SUITE 1000 ATLANTA, GA 30305-1518
Phone Number:
4048425600Mailing Address:
3550 Peachtree Road Atlanta, GA 30326
Description:
Property and Casualty (Ch 379, RSMo)License Number:
B431586Date Admitted:
2017-02-28Market 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 | 0.02% | $3,359,471 | $2,938,376 | $0 | $697,568 | $2,644,077 | $0 | 379.04% |
| 2025 | Total Medical Malpractice | 2.5% | $3,363,825 | $2,921,783 | $0 | $697,568 | $2,702,141 | $0 | 387.37% |
| 2025 | Medical Malpractice - Physicians & Surgeons | 4.46% | $3,363,825 | $2,921,783 | $0 | $697,568 | $2,702,141 | $0 | 387.37% |
| 2025 | Direct Workers Compensation | 0% | $-4,354 | $16,593 | $0 | $0 | $-58,064 | $0 | 0% |
| 2024 | Total Property & Casualty | 0.01% | $2,528,231 | $2,846,085 | $0 | $45,000 | $313,071 | $0 | 0% |
| 2024 | Total Medical Malpractice | 1.66% | $2,455,191 | $2,789,139 | $0 | $45,000 | $223,745 | $0 | 497.21% |
| 2024 | Medical Malpractice - Physicians & Surgeons | 3.21% | $2,455,191 | $2,789,139 | $0 | $45,000 | $223,745 | $0 | 497.21% |
| 2024 | Direct Workers Compensation | 0.01% | $73,040 | $56,946 | $0 | $0 | $89,326 | $0 | 0% |
| 2023 | Total Property & Casualty | 0.01% | $1,982,596 | $1,716,575 | $0 | $56,187 | $534,086 | $0 | 0% |
| 2023 | Total Medical Malpractice | 1.28% | $1,956,982 | $1,697,159 | $0 | $0 | $574,079 | $0 | 0% |
| 2023 | Medical Malpractice - Physicians & Surgeons | 2.44% | $1,956,982 | $1,697,159 | $0 | $0 | $574,079 | $0 | 0% |
| 2023 | Direct Workers Compensation | 0% | $25,614 | $19,416 | $0 | $56,187 | $-39,993 | $0 | -71.18% |
| 2022 | Total Property & Casualty | 0.01% | $1,407,997 | $1,514,694 | $0 | $876,356 | $338,388 | $0 | 38.61% |
| 2022 | Total Medical Malpractice | 1.16% | $1,586,391 | $1,376,743 | $0 | $750,000 | $173,140 | $0 | 23.09% |
| 2022 | Medical Malpractice - Physicians & Surgeons | 2.16% | $1,586,391 | $1,376,743 | $0 | $750,000 | $173,140 | $0 | 23.09% |
| 2022 | Direct Workers Compensation | -0.02% | $-178,394 | $137,951 | $0 | $126,356 | $168,584 | $0 | 133.42% |
| 2022 | Other Liability - Warranty | 0% | $0 | $0 | $0 | $0 | $-3,336 | $0 | 0% |
| 2021 | Total Property & Casualty | 0.02% | $2,127,748 | $1,851,673 | $0 | $21,685 | $487,770 | $0 | 0% |
| 2021 | Total Medical Malpractice | 1.12% | $1,478,684 | $1,505,613 | $0 | $0 | $412,132 | $0 | 0% |
| 2021 | Medical Malpractice - Physicians & Surgeons | 1.98% | $1,478,684 | $1,505,613 | $0 | $0 | $412,132 | $0 | 0% |
| 2021 | Direct Workers Compensation | 0.07% | $649,064 | $346,060 | $0 | $18,349 | $72,302 | $0 | 394.04% |
| 2021 | Other Liability - Warranty | 0% | $0 | $0 | $0 | $3,336 | $3,336 | $0 | 100% |
Complaint Index
Company Changes
Date:
2017-02-28Comments:
Effective 2/28/17 this company was admitted as a Property and Casualty insurer. Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.