Comparative Financial Statement as of December 31, 2025
Company Performance
Written Premium & Total Assets: 2021-2025
Percent of Total Premium by State
Assets, Liabilities and Surplus, and Combined Ratio: 2024 v 2025
| Assets |
2025 |
2024 |
| Bonds |
$681,300,000 |
$647,009,000 |
| Stocks |
$274,013,000 |
$255,383,000 |
| Real Estate |
$9,428,000 |
$9,521,000 |
| Cash and Short-term Investments |
$32,601,000 |
$38,701,000 |
| Net Premium Receivable |
$88,149,000 |
$92,130,000 |
| Other Assets |
$17,512,000 |
$30,134,000 |
| Total Assets |
$1,103,003,000 |
$1,072,878,000 |
| Liabilities and Surplus |
2025 |
2024 |
| Losses/Loss Adjustment Reserves |
$299,558,000 |
$310,089,000 |
| Unearned Premiums |
$167,038,000 |
$172,152,000 |
| Accrued Expenses |
$34,937,000 |
$34,103,000 |
| Other Liabilities |
$32,629,000 |
$12,280,000 |
| Total Liabilities |
$534,162,000 |
$528,624,000 |
| Policyholders' Surplus |
$568,841,000 |
$544,254,000 |
| Total Liabilities and Surplus |
$1,103,003,000 |
$1,072,878,000 |
| Combined Ratio |
2025 |
2024 |
| |
101.1% |
113.7% |