C
Pharmacists Ins Co
Algona,  IA
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 Pharmacists Ins Co
Algona, IA
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Rating C
Capitalization Index 7.80
Investment Safety Index --
Liquidity Index 6.50
Profitability Index 2.90
Reserve Adequacy Index 3.60
Stability Index 6.00
Company Info Pharmacists Ins Co
Algona, IA
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Industry P&C
NAIC Number 13714
Phone Number (515) 295-2461
Website phmic.com
Address 808 Highway 18 West Algona, IA 50511
Balance Sheet Pharmacists Ins Co
Algona, IA
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Total Assets 315.64M
Capital and Reserves Pharmacists Ins Co
Algona, IA
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Risk-Adjusted Capital Ratio #1 2.55
Risk-Adjusted Capital Ratio #2 1.63
1-Year Reserve Development 5.58%
2-Year Reserve Development 13.21%
Capital 96.46M
Premium to Surplus 68.21%
Reserves to Surplus 132.10%
Investments Pharmacists Ins Co
Algona, IA
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 6.43%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Pharmacists Ins Co
Algona, IA
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Medical Loss Ratio --
Cash From Underwriting 77.65%
Combined Ratio 100.94%
Expense Ratio 39.39%
Loss Ratio 61.55%
Net Premium Growth 5.20%
Other Medical Pharmacists Ins Co
Algona, IA
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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 Pharmacists Ins Co
Algona, IA
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Net Income 2.53M
Net Premium 65.79M
Health Premium --