C
Michigan Prof Ins Exchange
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.90
Risk Adjusted
Capital Ratio #2
2.60
Loss
Ratio
--
Total
Assets
77.35M
Capital
16.06M
Net
Premiums
0.00
Net
Income
677.39K
My Lists My Alerts
Medical Professional 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
4
46
50
92.00%
96.06%
2023
8
63
71
88.73%
95.22%
2022
4
108
112
96.43%
96.00%
2021
11
124
135
91.85%
93.58%
2020
0
0
0
0.00%
94.02%
2019
28
80
108
74.07%
94.59%
Medical Professional 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
2023
16
83
99
83.84%
92.52%
2022
11
56
67
83.58%
92.14%
2021
14
53
67
79.10%
91.74%
2020
0
0
0
0.00%
93.85%
2019
11
24
35
68.57%
93.92%
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
1
3
4
75.00%
81.35%
2023
2
7
9
77.78%
74.87%
2022
4
5
9
55.56%
72.69%
2021
2
9
11
81.82%
79.01%
2020
3
7
10
70.00%
80.13%
2019
4
2
6
33.33%
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
0
1
1
100.00%
12.20%
2023
0
0
0
0.00%
16.34%
2022
0
2
2
100.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
2
2
100.00%
20.93%
2019
0
1
1
100.00%
16.90%