C
Heartland Mutual Ins Co
Lismore,  MN
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
6.40
Risk Adjusted
Capital Ratio #2
3.80
Loss
Ratio
45.49%
Total
Assets
38.25M
Capital
21.06M
Net
Premiums
16.77M
Net
Income
1.50M
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Weiss Ratings Heartland Mutual Ins Co
Lismore, MN 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 9.40
Profitability Index 5.80
Reserve Adequacy Index 8.10
Stability Index 2.90
Company Info Heartland Mutual Ins Co
Lismore, MN 		Click to
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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 		Click to
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Total Assets 38.25M
Capital and Reserves Heartland Mutual Ins Co
Lismore, MN 		Click to
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Risk-Adjusted Capital Ratio #1 6.40
Risk-Adjusted Capital Ratio #2 3.80
1-Year Reserve Development -520.00%
2-Year Reserve Development -350.00%
Capital 21.06M
Premium to Surplus 90.00%
Reserves to Surplus 10.00%
Investments Heartland Mutual Ins Co
Lismore, MN 		Click to
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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 		Click to
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Medical Loss Ratio --
Cash From Underwriting 170.00%
Combined Ratio 80.00%
Expense Ratio 30.00%
Loss Ratio 45.49%
Net Premium Growth 40.00%
Other Medical Heartland Mutual Ins Co
Lismore, MN 		Click to
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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 		Click to
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Net Income 1.50M
Net Premium 16.77M
Health Premium --