2026-08-19T16:10:35-04:00 2025-12-31 990 2025-01-01 381956049 Michigan Basic Property Insurance Association MICH 3138777400 27555 FARMINGTON ROAD SUITE 315 Farmington Hills MI 48334 Rachael Yoes Finance & Administrative Svcs. Mgr. 3138777400 2026-08-20 2025 2025-03-06 01:10:19Z Michelle Mooradian 27555 Farmington Road Suite 315 Farmington Hills MI 48334 23750682 false X www.mbpia.com X 1968 MI The mission of Michigan Basic Property Insurance Association is to provide prompt courteous and efficient service to our customers; be aware of the responsibility we have to our member companies and policyholders to utilize resources effectively; provide a work environment that recognizes creativity and promotes teamwork; and be sensitive to the needs of the community. 17 17 24 0 0 0 0 0 12924814 14803334 519023 661199 3934 3235 13447771 15467768 5518 2868 0 0 2436940 2365406 0 0 0 8440709 8697469 10883167 11065743 2564604 4402025 19780351 17654453 14463374 14287344 5316977 3367109 The mission of Michigan Basic Property Insurance Association is to provide prompt courteous and efficient service to our customers; be aware of the responsibility we have to our member companies and policyholders to utilize resources effectively; provide a work environment that recognizes creativity and promotes teamwork; and be sensitive to the needs of the community. false false 11065743 2868 14803334 The issuance of basic property insurance and home property insurance policies is the sole business related activity of the association. Generally the policies are issued for high-risk insurers. Member property insurance companies participate collectively through their mandatory membership in the association. Assessments paid to the association by member companies are covered through adjustments to the rates for the voluntary market. 0 0 0 0 0 0 0 0 0 11065743 false false false false false false false false true false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 194 0 true 24 true false false false false false false false false 17 17 false false false false true true false true true false false false true true true false true false false false MI X Rachael Yoes 3138777400 27555 Farmington Road Suite 315 Farmington Hills MI 48334 Muddasar Tawakkul Board of Governors 0.50 0.00 X 2400 0 0 David Field Board of Governors 0.50 0.00 X 1500 0 0 Steve Rock Board of Governors 0.50 0.00 X 1500 0 0 Solon Phillips Board of Governors 0.50 0.00 X 1350 0 0 Leroy Bostic Board of Governors 0.50 0.00 X 1050 0 0 Michael C Levine Board of Governors 0.50 0.00 X 300 0 0 Janie Hathaway Board of Governors 0.50 0.00 X 0 0 0 Randy McKee Board of Governors 0.50 0.00 X 0 0 0 Travis Emmons Board of Governors 0.50 0.00 X 0 0 0 Erin Fowle Board of Governors 0.50 0.00 X 0 0 0 Nathan Powell Board of Governors 0.50 0.00 X 0 0 0 Linda Maar Board of Governors 0.50 0.00 X 0 0 0 Kacey Diede Board of Governors 0.50 0.00 X 0 0 0 Eugene Hawkins III Board of Governors 0.50 0.00 X 0 0 0 Michael Wykes Board of Governors 0.50 0.00 X 0 0 0 Timothy Dillahunt Board of Governors 0.50 0.00 X 0 0 0 Matthew Hillborg Board of Governors 0.50 0.00 X 0 0 0 8100 0 0 0 false false false 0 0 0 0 0 0 0 0 Direct Property and Casualty Insurance Carriers 524126 14803334 0 0 14803334 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14803334 510474 0 0 510474 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8433639 0 8282914 0 150725 0 150725 0 0 150725 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Direct Property and Casualty Insurance Carriers 524126 3235 0 0 3235 0 0 0 0 0 0 0 0 0 0 0 0 3235 15467768 0 0 15467768 2868 2868 0 0 0 0 0 0 8100 8100 0 0 0 0 0 0 2143030 2143030 0 0 0 0 0 0 54078 54078 0 0 160198 160198 0 0 0 0 0 0 16882 16882 0 0 232068 232068 0 0 0 0 0 0 0 0 23933 23933 0 0 105607 105607 0 0 0 0 0 0 174762 174762 0 0 666484 666484 0 0 0 0 0 0 299412 299412 0 0 30506 30506 0 0 0 0 0 0 14632 14632 0 0 0 0 0 0 0 0 0 0 72891 72891 0 0 35559 35559 0 0 Incurred Losses 4477774 4477774 0 0 Commissions 1484205 1484205 0 0 Loss Adjustment Expense 546367 546367 0 0 Inspections 284893 284893 0 0 231494 231494 0 0 11065743 11065743 0 0 0 0 0 0 411978 190150 1061755 888695 0 0 2450486 2448317 0 0 0 0 0 0 0 0 0 0 540416 463362 14986 77054 15837017 14046791 0 0 0 0 0 0 4129 3446 19780351 17654453 336441 411812 0 0 0 0 0 0 9570 29102 0 0 0 0 0 0 14117363 13846430 14463374 14287344 X 0 0 0 0 5316977 3367109 5316977 3367109 19780351 17654453 4402025 416248 0 0 1539 -6769680 X false true X true false false 0 0 0 0 true X 540416 463362 77054 77054 Unearned Premium 7659747 Advance Premium 262978 Outstanding Checks to be Escheated 161904 Loss Reserve 1800345 Loss Adjustment Expense Reserve 559000 Underwriting Accrual 3397243 Unapplied Cash 5213 13846430 15467768 0 15467768 0 15467768 11065743 0 11065743 0 11065743 Part I to XII | PartandLinenumber:,Explanation:| Part IV Line 2,Michigan Basic Property Insurance Association collects and redistributes money received from employees or former employees for benefits. The Association also collects and redistributes the portion of premium that is payable as commission earned by the insurance agents.| Part VI, Line 6 Michigan Basic Property Insurance Association is a trade association of all insurance companies licensed by Michigan to write property lines of business within the state. These companies elect ten company representatives and two public members into the governing body. The other six members of the governing body are appointed by the Michigan Insurance Commissioner. Part VI, Line 7a Michigan Basic Property Insurance Association is a trade association of all insurance companies licensed by Michigan to write property lines of business within the state. These companies elect ten company representative and two public members into the governing body. The other six members of the governing body are appointed by the Michigan Insurance Commissioner. Part VI, Line 11b The Form 990 is prepared by the organizations accounting department and then reviewed by the manager. Part VI, Line 12c Biannually the association circulates and recovers with acknowledgement an authenticated conflict of interest. Part VI, Line 19 The organization makes the governing documents conflict of interest policy and financial statements available to the public upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| Non Admitted Assets, Current Year Change, $149157| Unrecognized Post Retirement Obligations, Current Year Change, $-926785| Assessments, Current Year Change, $-5992052|