|
ASSETS |
2009 |
2008 |
|
U.S.
Government & Agency Bonds - Amortized |
90,653,267 |
119,165,112 |
|
Corporate Bonds - Amortized Value |
65,386,571 |
56,250,366 |
|
Municipal Bonds - Amortized Value |
45,307,222 |
10,949,988 |
|
Stocks
- Market Value |
76,732,375 |
63,183,500 |
|
Real
Estate - Depreciated Value |
5,214,740 |
5,492,504 |
|
Cash in
Banks |
16,738,204 |
22,418,367 |
|
Premiums Receivable |
18,380,510 |
14,796,315 |
|
Accrued
Interest and Other Assets |
6,056,924 |
10,082,715 |
|
TOTAL
ASSETS |
324,469,813 |
302,338,867 |
| |
|
|
|
LIABILITIES |
|
|
|
Losses
in Process of Adjustment |
64,357,242 |
62,224,727 |
|
Unearned Premiums |
56,364,296 |
54,275,839 |
|
Accounts Payable and Accrued Benefits |
8,671,033 |
6,293,757 |
|
Contingencies and Taxes |
3,179,858 |
3,146,825 |
|
TOTAL
LIABILITIES |
132,572,429 |
125,941,148 |
| |
|
|
|
Reserve
for Policyholder's Protection |
191,897,384 |
176,397,719 |
|
TOTAL |
324,469,813 |
302,338,867 |
|
DIRECT
PREMIUMS WRITTEN |
151,359,374 |
146,492,633 |
|
LOSSES
INCURRED |
86,866,795 |
88,310,177 |
|
|
