C
MCIC VT (A Reciprocal RRG)
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.70
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
116.43%
Total
Assets
2.73B
Capital
872.22M
Net
Premiums
440.09M
Net
Income
49.66M
My Lists My Alerts
Medical Professional Liability (Claims Made)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
17
28
45
62.22%
96.35%
2023
12
248
260
95.38%
95.21%
2022
22
23
45
51.11%
96.00%
2021
18
19
37
51.35%
93.58%
2020
8
34
42
80.95%
94.02%
2019
12
142
154
92.21%
94.59%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
9
6
15
40.00%
81.20%
2023
3
9
12
75.00%
74.87%
2022
5
10
15
66.67%
72.69%
2021
6
4
10
40.00%
79.01%
2020
8
8
16
50.00%
80.13%
2019
12
7
19
36.84%
77.47%