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Financials

Condensed Consolidated Statutory Financial Report

  Statements of Admitted Assets, Liabilities and Surplus 12/31/2016
(in 000’s)
  12/31/2015  
(in 000’s)  
 
Bonds $254,644   $207,818
Common Stocks 111,959   117,096
Real Estate 4,424   4,551
Cash and Short-Term Investments 28,872   35,075
Premiums and Agents' Balances 46,423   42,537
Other Assets 10,827   6,214
       
    Total Admitted Assets $457,149   $413,291
       
Unpaid Losses & Loss Adjustment Expense $132,883   $114,982
Unearned Premiums 85,390   78,631
Other Liabilities 30,265   26,235
       
    Total Liabilities 248,538   219,848
       
    Total Policyholders’ Surplus 208,611   193,443
       
    Total Liabilities & Surplus $457,149   $413,291
       
 
  Statements of Income for the years ended 12/31/2016
(in 000’s)
  12/31/2015  
(in 000’s)  
 
Net Premium Earned $156,066   $143,853
Losses and Loss Adjustment Expenses 95,560   87,631
Other Underwriting Expenses 54,984   51,007
       
Net Underwriting Gain 5,522   5,215
Investment Income 10,146   9,496
Other Income 132   42
Income Tax (Expense) (4,203)   (1,171)
       
    Net Income $11,597   $13,582
 


View 2016 Annual Statement