B
Madison Mutual Ins Co (IL)
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.19
Risk Adjusted
Capital Ratio #2
1.47
Loss
Ratio
75.88%
Total
Assets
70.67M
Capital
35.75M
Net
Premiums
41.51M
Net
Income
1.32M
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Weiss Ratings Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Rating B
Capitalization Index 7.70
Investment Safety Index --
Liquidity Index 4.60
Profitability Index 4.30
Reserve Adequacy Index 5.90
Stability Index 5.30
Company Info Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Industry P&C
NAIC Number 14443
Phone Number (618) 656-3410
Website madisonmutual.com
Address 222 East Park Street Edwardsville, IL 62025
Balance Sheet Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Total Assets 70.67M
Capital and Reserves Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.19
Risk-Adjusted Capital Ratio #2 1.47
1-Year Reserve Development 4.47%
2-Year Reserve Development -0.57%
Capital 35.75M
Premium to Surplus 116.10%
Reserves to Surplus 26.88%
Investments Madison Mutual Ins Co (IL)
Edwardsville, IL 		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 Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 89.90%
Combined Ratio 103.04%
Expense Ratio 27.16%
Loss Ratio 75.88%
Net Premium Growth -7.94%
Other Medical Madison Mutual Ins Co (IL)
Edwardsville, IL 		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 Madison Mutual Ins Co (IL)
Edwardsville, IL 		Click to
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Net Income 1.32M
Net Premium 41.51M
Health Premium --