B
Manufacturing Technology Mutl
NoviMI
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Workers' Compensation
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
685
104
789
13.18%
35.33%
2023
809
106
915
11.58%
35.67%
2022
706
81
787
10.29%
37.14%
2021
714
81
795
10.19%
35.46%
2020
634
58
692
8.38%
33.86%
2019
866
58
924
6.28%
34.01%