C
Protective Ins Co
Carmel,  IN
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings Protective Ins Co
Carmel, IN
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Rating C
Capitalization Index 5.50
Investment Safety Index --
Liquidity Index 6.40
Profitability Index 2.80
Reserve Adequacy Index 3.60
Stability Index 8.30
Company Info Protective Ins Co
Carmel, IN
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Industry P&C
NAIC Number 12416
Phone Number (800) 626-8381
Website www.progressive.com
Address 111 Congressional Boulevard Carmel, IN 46032
Balance Sheet Protective Ins Co
Carmel, IN
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Total Assets 1.43B
Capital and Reserves Protective Ins Co
Carmel, IN
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Risk-Adjusted Capital Ratio #1 1.21
Risk-Adjusted Capital Ratio #2 0.84
1-Year Reserve Development 11.15%
2-Year Reserve Development 13.38%
Capital 480.47M
Premium to Surplus 72.42%
Reserves to Surplus 174.24%
Investments Protective Ins Co
Carmel, IN
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 19.61%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Protective Ins Co
Carmel, IN
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Medical Loss Ratio --
Cash From Underwriting 72.91%
Combined Ratio 142.62%
Expense Ratio 38.71%
Loss Ratio 103.91%
Net Premium Growth -10.56%
Other Medical Protective Ins Co
Carmel, IN
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Protective Ins Co
Carmel, IN
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Net Income -91.75M
Net Premium 347.97M
Health Premium --