Facts and Figures

  • Millers Mutual, based in Harrisburg, PA, is a regional property and casualty insurer serving commercial policyholders in Pennsylvania, Delaware, Maryland, Virginia, Ohio and Washington, D.C., through a network of independent agents.
  • We’ve been at this since 1890…that’s a lot of experience, a lot of promises filled.
  • We offer commercial lines of insurance only – our core products include business owners policies (BOP), commercial automobile, workers compensation, inland marine, excess liability/umbrella and employment practices liability.  Millers does not offer personal lines insurance such as homeowners or personal auto.
  • In the Mid-Atlantic states we serve, we are one of the top 20 providers of commercial property insurance protecting small and mid-size businesses.  We may be a small company, but we effectively compete with some of the most recognized names in the business.
Comparative Balance Sheet ($ in 000’s) 12/31/2016  12/31/2015 12/31/2014
Total Admitted Assets $133,296 $127,046 $134,076
Total Liabilities $66,899 $65,300 $70,808
Total Policyholder Surplus $66,397 $61,746 $63,268
Total Liabilities and Policyholder Surplus $133,296 $127,046 $134,076
Change in Surplus $4,651 ($1,522)  ($2,851)
Annual Growth (%) 7.5% -2.4% -4.3%
Operating Results for 12 Months Ending ($ in 000’s) 12/31/2016 12/31/2015 12/31/2014
Direct Written Premium $62,423 $61,545 $59,919
Annual Growth (%) 1.4% 2.7% 2.1%
Net Underwriting Income/(Loss) $1,629 ($3,852) ($6,195)
Net Investment & Other Income $2,605  $2,849 $3,247
Net Income before Federal Income Taxes $4,234 ($1,003) ($2,948)
Federal Income Taxes $1,078 ($1,872) ($1,431)
Net Income $3,156 $869 ($1,516)
Combined Ratio 95.1 107.5 113.4

Financial Strength Ratings

  • Millers Mutual is rated A- (Excellent) by A.M. Best, one of the oldest and most experienced credit rating organizations serving the insurance industry.
  • Our A.M. Best financial size category is VII – reflecting policyholder surplus of $50M – $100M.
  • Millers has a financial stability rating of A Prime (Unsurpassed) with Demotech, an independent financial analysis firm serving the insurance industry.