Pioneer State Mutual Ins Co

Flint, MI

Rating Date

June 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

6.00

Risk Adjusted
Capital Ratio #2

3.70

Loss
Ratio

62.67%

Total
Assets

835.17M

Capital

532.45M

Net
Premiums

227.33M

Net
Income

6.48M

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Weiss Ratings	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	10.00
Investment Safety Index	--
Liquidity Index	8.10
Profitability Index	4.90
Reserve Adequacy Index	9.30
Stability Index	6.90

Company Info	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	18309
Phone Number	(810) 733-2300
Website	www.psmic.com
Address	1510 North Elms Road Flint, MI 48532

Balance Sheet	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	835.17M

Capital and Reserves	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	6.00
Risk-Adjusted Capital Ratio #2	3.70
1-Year Reserve Development	-380.00%
2-Year Reserve Development	-430.00%
Capital	532.45M
Premium to Surplus	40.00%
Reserves to Surplus	30.00%

Investments	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
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	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	100.00%
Combined Ratio	90.00%
Expense Ratio	30.00%
Loss Ratio	62.67%
Net Premium Growth	-10.00%

Other Medical	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
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	Pioneer State Mutual Ins Co Flint, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	6.48M
Net Premium	227.33M
Health Premium	--