B
Michelle Chesney Inc
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
61.75%
Total
Assets
210.07M
Capital
74.76M
Net
Premiums
119.93M
Net
Income
2.77M
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Weiss Ratings Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Rating B
Capitalization Index 9.60
Investment Safety Index --
Liquidity Index 6.60
Profitability Index 6.80
Reserve Adequacy Index 9.50
Stability Index 5.80
Company Info Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Industry P&C
NAIC Number 10857
Phone Number (888) 606-6426
Website www.michiganinsurance.com
Address 1700 East Beltline NE Grand Rapids, MI 49525
Balance Sheet Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Total Assets 210.07M
Capital and Reserves Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Risk-Adjusted Capital Ratio #1 3.70
Risk-Adjusted Capital Ratio #2 2.70
1-Year Reserve Development -550.00%
2-Year Reserve Development -1,650.00%
Capital 74.76M
Premium to Surplus 170.00%
Reserves to Surplus 90.00%
Investments Michelle Chesney Inc
Grand Rapids, MI 		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 Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 100.00%
Expense Ratio 40.00%
Loss Ratio 61.75%
Net Premium Growth 0.00%
Other Medical Michelle Chesney Inc
Grand Rapids, MI 		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 Michelle Chesney Inc
Grand Rapids, MI 		Click to
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Net Income 2.77M
Net Premium 119.93M
Health Premium --