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Financials

Condensed Consolidated Statutory Financial Report

  Statements of Admitted Assets, Liabilities and Surplus 12/31/2017
(in 000’s)
  12/31/2016  
(in 000’s)  
 
Bonds $281,633   $254,644
Common Stocks

129,992

  111,959
Real Estate 4,807   4,424
Cash and Short-Term Investments 30,560   28,872
Premiums and Agents' Balances 52,336   46,423
Other Assets 7,694   10,827
       
    Total Admitted Assets $507,022   $457,149
       
Unpaid Losses & Loss Adjustment Expense $154,401   $132,883
Unearned Premiums 92,747   85,390
Other Liabilities 27,850   30,265
       
    Total Liabilities 274,998   248,538
       
    Total Policyholders’ Surplus 232,024   208,611
       
    Total Liabilities & Surplus $507,022   $457,149
       
 
  Statements of Income for the years ended 12/31/2017
(in 000’s)
  12/31/2016  
(in 000’s)  
 
Net Premium Earned $169,501   $156,066
Losses and Loss Adjustment Expenses 103,469   95,560
Other Underwriting Expenses 62,900   54,984
       
Net Underwriting Gain 3,312   5,522
Investment Income 10,456   10,146
Other Income 141   132
Income Tax (Expense) (3,360)   (4,203)
       
    Net Income $10,369   $11,597
 

 

Complete 2017 Annual Statement (PDF Format)

Interactive 2017 Annual Statement