E
MIC General Ins Corp
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.40
Risk Adjusted
Capital Ratio #2
4.80
Loss
Ratio
--
Total
Assets
33.98M
Capital
17.03M
Net
Premiums
0.00
Net
Income
30.05K
My Lists My Alerts
Auto Physical Damage
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
5,398
1,078
6,476
16.65%
23.31%
2023
5,864
1,135
6,999
16.22%
22.83%
2022
5,575
1,176
6,751
17.42%
23.10%
2021
4,863
1,217
6,080
20.02%
22.81%
2020
6,806
1,341
8,147
16.46%
21.51%
2019
11,987
2,006
13,993
14.34%
22.66%
Commercial Multiple Peril
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
87
69
156
44.23%
41.75%
2023
83
66
149
44.30%
38.64%
2022
121
70
191
36.65%
39.39%
2021
77
66
143
46.15%
40.41%
2020
76
102
178
57.30%
48.09%
2019
357
342
699
48.93%
43.30%
Homeowners & Farmowners
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
2,724
1,250
3,974
31.45%
39.58%
2023
3,240
1,561
4,801
32.51%
36.96%
2022
2,657
1,436
4,093
35.08%
37.07%
2021
4,490
2,732
7,222
37.83%
39.17%
2020
5,525
2,586
8,111
31.88%
35.42%
2019
6,601
2,743
9,344
29.36%
35.34%
Other Liability: Occurrence
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
1,293
4
1,297
0.31%
12.20%
2023
862
0
862
0.00%
16.34%
2022
460
1
461
0.22%
11.13%
2021
1
9
10
90.00%
18.93%
2020
965
10
975
1.03%
20.93%
2019
999
2
1,001
0.20%
16.90%
Private Passenger Auto Liability
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
1,431
967
2,398
40.33%
45.22%
2023
1,198
942
2,140
44.02%
44.64%
2022
1,240
971
2,211
43.92%
46.15%
2021
1,442
1,020
2,462
41.43%
46.87%
2020
1,873
1,153
3,026
38.10%
43.90%
2019
3,277
1,949
5,226
37.29%
42.09%