A
Michigan Millers Mutual Ins Co
LansingMI
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
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
728
155
883
17.55%
23.31%
2023
759
143
902
15.85%
22.83%
2022
754
187
941
19.87%
23.10%
2021
617
220
837
26.28%
22.81%
2020
533
99
632
15.66%
21.51%
2019
447
180
627
28.71%
22.66%
Commercial 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
310
131
441
29.71%
47.44%
2023
340
140
480
29.17%
47.29%
2022
331
143
474
30.17%
45.44%
2021
325
158
483
32.71%
44.40%
2020
222
55
277
19.86%
42.45%
2019
244
91
335
27.16%
44.33%
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
696
263
959
27.42%
41.75%
2023
805
342
1,147
29.82%
38.64%
2022
854
380
1,234
30.79%
39.39%
2021
789
357
1,146
31.15%
40.41%
2020
659
506
1,165
43.43%
48.09%
2019
843
308
1,151
26.76%
43.30%
Other Liability: Claims Made
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
0
0
0
0.00%
81.35%
2023
0
1
1
100.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
0
0
0
0.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
0
0
0.00%
77.47%
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
50
50
100
50.00%
12.20%
2023
57
30
87
34.48%
16.34%
2022
48
29
77
37.66%
11.13%
2021
33
37
70
52.86%
18.93%
2020
37
38
75
50.67%
20.93%
2019
32
15
47
31.91%
16.90%
Product 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
1
2
50.00%
64.47%
2023
0
1
1
100.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
1
2
3
66.67%
62.74%
2020
0
1
1
100.00%
61.51%
2019
2
2
4
50.00%
70.02%
Workers' Compensation
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
144
60
204
29.41%
35.33%
2023
152
64
216
29.63%
35.67%
2022
139
68
207
32.85%
37.14%
2021
206
93
299
31.10%
35.46%
2020
207
63
270
23.33%
33.86%
2019
322
105
427
24.59%
34.01%