800.932.0363

570.746.9540

41908 Route 6 | PO Box 7 | Wyalusing, PA 18853

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Summary Statutory Financial Results

Assets: 2020 2019
Bonds $22,861,326 $21,987,919
Equities 445,768 236,744
Cash and Short Term Investments 2,862,358 1,840,268
Premiums Due 2,699,793 2,575,131
Other Assets 267,636 957,913
Total Admitted Assets $29,136,881 $27,597,975
Liabilities:
Unpaid Loss and Loss Adjusting Expenses $5,503,607 $5,410,158
Unearned Premiums 5,936,756 5,620,811
Other Liabilities 1,777,135 1,943,506
Total Statutory Liabilities $13,217,498 $12,974,475
Capital $15,919,383 $14,623,500
Total Liabilities and Capital $29,136,881 $27,597,975
Statement of Statutory Income: 2020 2019
Net Premiums Earned $9,120,662 $8,677,944
Loss and Loss Adjustment Expenses 4,255,224 3,460,914
Other Underwriting Expenses 4,196,784 4,106,290
Total Insurance Operations Income $668,654 $1,110,740
Investment Income $1,041,387 $556,552
Other Income $67,638 $60,215
Income Tax $209,065 $263,304
Net Income $1,568,614 $1,464,203
Statutory Combined Ratio 91.0% 87.4%
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