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 Assets586,923,453526,375,306433,786,136379,502,639368,000,893
Total Liabilities191,682,119178,213,588160,123,322153,184,780157,658,528
Capital & Surplus395,241,334348,161,725273,662,823226,317,865210,342,366
Premiums and Agent's Balances16,062,13515,556,71715,900,97113,721,08814,043,696
Loss Adjustment Expenses26,062,95627,015,25328,442,18830,230,04430,251,951
Underwriting Gain/Loss16,630,27815,722,9107,668,4075,319,96011,336,151
Net Income (Loss) After Tax17,957,68424,148,69115,579,57910,254,12911,984,638
Cash Flow From Operations18,907,21515,693,2067,454,7597,359,2714,424,986
Unrealized Capital Gains (Losses)29,468,98750,906,60440,566,9377,864,13221,692,789
Gross Premium146,852,009138,801,314132,073,218128,120,202133,759,625
Net Premium67,310,96262,957,43559,436,20657,268,88359,709,757
Gross Premium to Surplus Ratio37.2% 39.9% 48.3% 56.6% 63.6%
Net Premium to Surplus Ratio17.0% 18.1% 21.7% 25.3% 28.4%
Direct Premium - National146,341,091138,745,648132,073,218128,120,203133,759,625
Direct Premium - Florida (Sch. T)26,945,10028,379,79328,767,47226,464,45427,641,479
% of Direct Premium in Florida18.4% 20.5% 21.8% 20.7% 20.7%
Rank Among all eligible InsurersN/AN/AN/AN/AN/A
Combined Ratio74.0% 74.0% 87.0% 91.0% 82.0%
Losses Incurred Ratio 22.0% 22.0% 31.0% 31.0% 28.0%
Loss Expenses Incurred Ratio11.0% 11.0% 13.0% 16.0% 14.0%
Other U/W Expenses Incurred Ratio41.0% 41.0% 43.0% 44.0% 40.0%

Quarterly Financial Data (2015) for
Mount Vernon Fire Insurance Company

Total Admitted Assets565,588,257579,608,589
Total Liabilities178,505,605183,706,410
Capital & Surplus387,082,652395,902,179
Premiums and Agent's Balances17,398,35418,360,465
Loss Adjustment Expenses26,110,15625,874,845
Underwriting Gain/Loss2,983,0676,042,666
Net Income (Loss) After Tax3,781,3897,446,698
Cash Flow From Operations4,092,2619,158,332
Unrealized Capital Gains (Losses)(18,813,677)(10,935,454)
Gross Premium36,153,85573,149,760
Net Premium16,613,97633,624,969
Direct Premium - National35,956,01675,530,657
Direct Premium - Florida (Sch. T)6,872,18113,851,003

Major Lines of Business in US (2015)
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 (2015)
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 8/11/2014

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.

The FSLSO has made every effort possible to ensure that the insurer financial information contained on our website is correct. However, the information provided is for informational purposes only; it does not constitute an endorsement for any service, company or person offering any product or service.

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