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Financials

Condensed Consolidated Statutory Financial Report for 2021

Statements of Admitted Assets, Liabilities and Surplus as of

12/31/2021
(in 000’s)
  12/31/2020
(in 000’s)  
 
Bonds $388,607   $353,438
Common and Preferred Stocks 181,272   159,774
Real Estate 10,961   8,704
Cash and Short-Term Investments 59,377   53,202
Premiums and Agents' Balances 81,984   74,118
Other Assets 9,200   9,559
       
    Total Admitted Assets $731,401   $658,795
       
Unpaid Losses & Loss Adjustment Expense $193,549   $183,036
Unearned Premiums 126,957   115,114
Other Liabilities 45,618   40,670
       
    Total Liabilities 366,124   338,820
       
    Total Policyholders’ Surplus 365,277   319,975
       
    Total Liabilities & Surplus $731,401   $658,795
       
 
  Statements of Income for the years ended 12/31/2021
(in 000’s)
  12/31/2020
(in 000’s)  
 
Net Premium Earned $234,188   $213,210
Losses and Loss Adjustment Expenses 134,546   101,370
Other Underwriting Expenses 84,254   77,419
       
Net Underwriting Gain  15,388   34,421
Investment Income 22,054   17,847
Other Income 497   (1,117)
Income Tax (Expense) (7,194)   (10,312)
       
    Net Income  $30,745   $40,839
 


2021 Annual Statement (PDF Format)

2021 Annual Statement (Interactive)