D
Farmers Mutual Ins Co of MI
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
Weiss Ratings Farmers Mutual Ins Co of MI
Coldwater, MI
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Rating D
Capitalization Index 7.80
Investment Safety Index --
Liquidity Index 10.00
Profitability Index 4.20
Reserve Adequacy Index 6.40
Stability Index 1.40
Company Info Farmers Mutual Ins Co of MI
Coldwater, MI
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Industry P&C
NAIC Number 33448
Phone Number (517) 278-2108
Website www.fmibc.com
Address 387 Willowbrook Road Coldwater, MI 49036
Balance Sheet Farmers Mutual Ins Co of MI
Coldwater, MI
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Total Assets 2.73M
Capital and Reserves Farmers Mutual Ins Co of MI
Coldwater, MI
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Risk-Adjusted Capital Ratio #1 2.70
Risk-Adjusted Capital Ratio #2 1.80
1-Year Reserve Development 500.00%
2-Year Reserve Development -80.00%
Capital 1.60M
Premium to Surplus 110.00%
Reserves to Surplus 10.00%
Investments Farmers Mutual Ins Co of MI
Coldwater, MI
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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 Farmers Mutual Ins Co of MI
Coldwater, MI
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Medical Loss Ratio --
Cash From Underwriting 70.00%
Combined Ratio 120.00%
Expense Ratio 50.00%
Loss Ratio 67.45%
Net Premium Growth 10.00%
Other Medical Farmers Mutual Ins Co of MI
Coldwater, MI
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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 Farmers Mutual Ins Co of MI
Coldwater, MI
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Net Income 76.62K
Net Premium 1.60M
Health Premium --