2016 Balance Sheet
($ in Thousands)

Assets

Bonds: $287,417
Common Stocks: $161,329
Real estate: $3,737
Cash and Short term Investments: $39,586
Premiums Receivable: $49,260
Other Assets: $9,402
Total Assets: $550,729

Liabilities and Policyholder Protection

Losses in Process of Adjustment: $94,708
Unearned Premiums: $98,790
Accrued Expenses: $18,565
Other Liabilities: $15,190
Total Liabilities: $227,254
Reserve for Policyholder Protection: $323,475
Total Liabilities and Policyholder Protection: $550,729

2016 Income Statement
($ in thousands)

Revenue

Net Premiums Earned: $188,713
Net Investment Income: $12,482
Total Income Earned: $201,194

Expenses

Claims and Policy-Related Expenses: $150,843
Administrative Expenses: $12,349
Total Expenses: $163,193

Net Income Before Taxes: $38,002
Income Tax Expense: $12,283
Net Income: $25,719

Combined Ratio: 85.4%