MMIC INSURANCE INC

Company Details

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:

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
2023 Total Property & Casualty 0.03% $4,673,065 $4,478,287 $1,969,268 $1,969,268 43.97%
2023 Total Medical Malpractice 3.07% $4,673,065 $4,478,287 $1,969,268 $1,969,268 43.97%
2023 Medical Malpractice - Physicians & Surgeons 5.83% $4,673,065 $4,478,287 $1,969,268 $1,969,268 43.97%
2022 Total Property & Casualty 0.03% $3,852,730 $4,712,842 $2,909,219 $2,593,197 55.02%
2022 Total Medical Malpractice 2.78% $3,815,815 $4,593,575 $2,909,219 $2,710,500 59.01%
2022 Medical Malpractice - Physicians & Surgeons 4.94% $3,630,433 $3,695,251 $1,962,070 $1,523,470 41.23%
2022 Medical Malpractice - Hospitals 0.43% $185,382 $898,324 $947,149 $1,187,030 132.14%
2022 Other Liability - Bodily Injury & Property Damage 0% $36,915 $119,267 $0 $-117,303 -98.35%
2021 Total Property & Casualty 0.04% $5,722,854 $5,057,195 $731,250 $5,555,025 109.84%
2021 Total Medical Malpractice 4.14% $5,451,718 $4,828,463 $731,250 $5,466,951 113.22%
2021 Medical Malpractice - Physicians & Surgeons 4.68% $3,493,794 $3,201,318 $725,000 $4,464,168 139.45%
2021 Medical Malpractice - Hospitals 4.64% $1,957,924 $1,627,145 $6,250 $1,002,783 61.63%
2021 Other Liability - Bodily Injury & Property Damage 0.03% $271,136 $228,732 $0 $88,074 38.51%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

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.