Financial Data for
Mount Vernon Fire Insurance Company

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FEIN 23-1575334
NAIC# 26522
A.M. Best Rating * A++
State of Domicile Pennsylvania , USA
Location of Main
Admin. Offices
Wayne, Pennsylvania, USA
Incorporation Date 9/18/1958
Parent United States Liability Insurance Company

Total Admitted Assets526,375,306433,786,136379,502,639368,000,893343,244,871390,809,385
Total Liabilities178,213,588160,123,322153,184,780157,658,528170,340,344174,762,563
Capital & Surplus348,161,725273,662,823226,317,865210,342,366172,904,526216,046,825
Premiums and Agent's Balances15,556,71715,900,97113,721,08814,043,69615,512,30918,189,759
Loss Adjustment Expenses27,015,25328,442,18830,230,04430,251,95130,847,76730,405,827
Underwriting Gain/Loss15,722,9107,668,4075,319,96011,336,15111,985,57620,991,619
Net Income (Loss) After Tax24,148,69115,579,57910,254,12911,984,63813,950,161116,187,425
Cash Flow From Operations15,693,2067,454,7597,359,2714,424,98613,849,974110,877,036
Unrealized Capital Gains (Losses)50,906,60440,566,9377,864,13221,692,78910,463,001(95,295,318)
Gross Premium138,801,314132,073,218128,120,202133,759,625157,328,462175,157,051
Net Premium62,957,43559,436,20657,268,88359,709,75763,980,18568,638,776
Gross Premium to Surplus Ratio39.9% 48.3% 56.6% 63.6% 91.0% 81.1%
Net Premium to Surplus Ratio18.1% 21.7% 25.3% 28.4% 37.0% 31.8%
Direct Premium - National138,745,648132,073,218128,120,203133,759,625157,328,462175,157,051
Direct Premium - Florida (Sch. T)28,379,79328,767,47226,464,45427,641,47946,834,63151,487,792
% of Direct Premium in Florida20.5% 21.8% 20.7% 20.7% 29.8% 29.4%
Rank Among all eligible InsurersN/AN/AN/AN/A2315
Combined Ratio74.0% 87.0% 91.0% 82.0% 82.0% 70.0%
Losses Incurred Ratio 22.0% 31.0% 31.0% 28.0% 28.0% 22.0%
Loss Expenses Incurred Ratio11.0% 13.0% 16.0% 14.0% 14.0% 10.0%
Other U/W Expenses Incurred Ratio41.0% 43.0% 44.0% 40.0% 40.0% 38.0%

Quarterly Financial Data (2013) for
Mount Vernon Fire Insurance Company

Total Admitted Assets447,536,183473,370,132484,006,823
Total Liabilities161,426,922172,929,779170,950,370
Capital & Surplus286,109,269300,440,359313,056,460
Premiums and Agent's Balances18,471,37318,338,78717,346,653
Loss Adjustment Expenses28,390,53928,362,36128,291,564
Underwriting Gain/Loss1,706,4922,816,5267,227,422
Net Income (Loss) After Tax3,386,1186,198,65411,498,132
Cash Flow From Operations5,918,93116,173,12317,471,847
Unrealized Capital Gains (Losses)12,818,39628,887,61938,049,155
Gross Premium32,347,26866,505,431101,030,226
Net Premium14,542,91329,896,69445,505,354
Direct Premium - National33,366,32470,852,647106,158,984
Direct Premium - Florida (Sch. T)7,069,41714,605,00021,799,252

Major Lines of Business in US (2012)
1 Other Liability - Occurrence
2 Other Liability-Claims Made
3 Fire
4 Products Liability
5 Private Passenger Auto Physical Damage
Major Lines of Business in FL (2012)
1 Other Liability - Occurrence
2 Fire
3 Other Liability - Claims Made
4 Products Liability
5 Inland Marine

*A.M. Best Ratings are current as of 9/18/2013

Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.

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