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    Home - Insurance - Minnesota moves to place UCare into rehabilitation amid steep capital erosion
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    Minnesota moves to place UCare into rehabilitation amid steep capital erosion

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    Minnesota moves to place UCare into rehabilitation amid steep capital erosion
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    According to the petition for rehabilitation, UCare’s capital and surplus fell 47.5% in 2024, from $1.05 billion to $551.6 million as of Dec. 31. By June 30, capital and surplus had declined a further 26.7% to $404.2 million, with risk-based capital figures and some other financial details redacted in the filing.



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