B
Harford Mutual Ins Co
Bel Air,  MD
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.40
Risk Adjusted
Capital Ratio #2
1.09
Loss
Ratio
88.86%
Total
Assets
1.16B
Capital
405.10M
Net
Premiums
202.08M
Net
Income
9.74M
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Weiss Ratings Harford Mutual Ins Co
Bel Air, MD 		Click to
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Rating B
Capitalization Index 7.10
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 3.60
Reserve Adequacy Index 4.50
Stability Index 7.00
Company Info Harford Mutual Ins Co
Bel Air, MD 		Click to
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Industry P&C
NAIC Number 14141
Phone Number (410) 838-4000
Website www.harfordmutual.com
Address 200 North Main Street Bel Air, MD 21014
Balance Sheet Harford Mutual Ins Co
Bel Air, MD 		Click to
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Total Assets 1.16B
Capital and Reserves Harford Mutual Ins Co
Bel Air, MD 		Click to
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Risk-Adjusted Capital Ratio #1 1.40
Risk-Adjusted Capital Ratio #2 1.09
1-Year Reserve Development 1,280.00%
2-Year Reserve Development 470.00%
Capital 405.10M
Premium to Surplus 110.00%
Reserves to Surplus 130.00%
Investments Harford Mutual Ins Co
Bel Air, MD 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 22.80%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Harford Mutual Ins Co
Bel Air, MD 		Click to
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Medical Loss Ratio --
Cash From Underwriting 170.00%
Combined Ratio 120.00%
Expense Ratio 30.00%
Loss Ratio 88.86%
Net Premium Growth 30.00%
Other Medical Harford Mutual Ins Co
Bel Air, MD 		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 Harford Mutual Ins Co
Bel Air, MD 		Click to
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Net Income 9.74M
Net Premium 202.08M
Health Premium --