Financials

 

Condensed Consolidated Statutory Financial Report

Statements of Admitted Assets,
Liabilities and Surplus		   12/31/2012
(in 000's)		   12/31/2011
(in 000's)
 
Bonds $198,364   $204,142
Common Stocks 92,260   79,399
Real Estate 2,919   3,043
Cash and Short-Term Investments 15,606   12,445
Premium and Agents' Balances 32,643   30,777
Other Assets 4,128   7,207
 
  Total Admitted Assets $345,920   $337,013
 
Unpaid Losses & Loss Adjustment Expense $104,756   $120,694
Unearned Premiums 58,797   54,841
Other Liabilities 19,766   15,637
 
  Total Liabilities 183,319   191,172
 
  Total Policyholders' Surplus 162,601   145,841
 
  Total Liabilities & Surplus $345,920   $337,013
 
 
Statements of Income for the years ended   12/31/2012
(in 000's)		   12/31/2011(in 000's)
 
Net Premium Earned $104,570   $96,255
Losses and Loss Adjustment Expenses 58,304   74,182
Other Underwriting Expenses 39,797   35,120
 
Net Underwriting Gain (Loss) 6,469   (13,047)
Investment Income 13,888   9,071
Other Expenses (247)   (246)
Income Tax (Expense) Benefit (4,970)   2,274
 
  Net Income (Loss) $15,140   ($1,948)
 
 

 
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