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History and Vision
Statement of Assets
and Liabilities
Premiums / Lines of Business /
Invested Assets
Officers &
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Annual Message
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| |
Statement of Assets and
Liabilities
and Policyholders' Surplus

|
|
2009 |
|
2008 |
|
|
(12 months) |
|
(12 months) |
|
|
(000s
Omitted) |
|
(000s
Omitted) |
|
Net Admitted Assets - December 31, 2009 |
|
|
|
|
Bonds (Amortized Value) |
$930,450
|
|
$975,306
|
|
Stocks |
|
|
|
|
Preferred |
13,016
|
|
10,440
|
|
Common |
363,862
|
|
259,767
|
|
Cash and Short-Term Investments |
120,195
|
|
55,688
|
|
Premiums and Other Receivables |
196,877
|
|
216,178
|
|
Reinsurance Recoverables |
23,220
|
|
23,072
|
|
Interest and Dividends Receivables |
11,404
|
|
12,410
|
|
Other Assets |
82,164
|
|
57,680
|
|
|
|
|
|
|
Total Net Admitted Assets |
$1,741,188
|
|
$1,610,541
|
|
|
|
|
|
|
|
2009 |
|
2008 |
|
|
(12 months) |
|
(12 months) |
|
|
(000s
Omitted) |
|
(000s
Omitted) |
|
Liabilities and Policyholders' Surplus |
|
|
|
|
|
|
|
|
|
Losses and Loss Adjustment Expense |
$823,185 |
|
$822,041 |
|
Unearned Premium |
91,521 |
|
89,453 |
|
Reinsurance Premium & Other Payables |
70,179 |
|
87,984 |
|
Provision for Reinsurance |
4,557 |
|
21,093 |
|
Other Liabilities |
147,357 |
|
58,250 |
|
Total Liabilities |
$1,136,799 |
|
$1,078,821 |
|
|
|
|
|
|
Capital Stock |
5,000 |
|
5,000 |
|
Paid-in/Contributed Surplus |
221,000 |
|
221,000 |
|
Unassigned Surplus |
378,389 |
|
305,720 |
|
Total Policyholder's Surplus |
604,389 |
|
531,720 |
|
|
|
|
|
|
Total Liability and Policyholders' Surplus |
$1,741,188 |
|
$1,610,541 |
|
|
|
|
|
|
December 31, 2009 |
|
|
|
|
Net Admitted Assets |
$1,741,188 |
|
|
|
Policyholders' Surplus |
$604,389 |
|
|
|
Net Written Premium |
$225,473 |
|
|
|
A.M. Best Rating |
A- |
|
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|