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% |