B
Heartland Mutual Ins Co
Lismore,  MN
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 Heartland Mutual Ins Co
Lismore, MN
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Rating B
Capitalization Index 9.10
Investment Safety Index --
Liquidity Index 7.10
Profitability Index 6.90
Reserve Adequacy Index 8.20
Stability Index 3.60
Company Info Heartland Mutual Ins Co
Lismore, MN
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Industry P&C
NAIC Number 12468
Phone Number (507) 472-8216
Website www.hmicmn.com
Address 161 Third Avenue, South Lismore, MN 56155
Balance Sheet Heartland Mutual Ins Co
Lismore, MN
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Total Assets 42.22M
Capital and Reserves Heartland Mutual Ins Co
Lismore, MN
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Risk-Adjusted Capital Ratio #1 3.84
Risk-Adjusted Capital Ratio #2 2.37
1-Year Reserve Development -0.94%
2-Year Reserve Development -6.72%
Capital 25.78M
Premium to Surplus 76.39%
Reserves to Surplus 6.89%
Investments Heartland Mutual Ins Co
Lismore, MN
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Heartland Mutual Ins Co
Lismore, MN
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Medical Loss Ratio --
Cash From Underwriting 157.91%
Combined Ratio 60.82%
Expense Ratio 27.53%
Loss Ratio 33.28%
Net Premium Growth 17.39%
Other Medical Heartland Mutual Ins Co
Lismore, MN
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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 Heartland Mutual Ins Co
Lismore, MN
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Net Income 7.34M
Net Premium 19.69M
Health Premium --