Since 1897
128th Financial Statement
as of December 31, 2025
(From the Report to the Superintendent of the New York State Department of Financial Services)
Assets
2024
2025
Cash and Short Term Investments
6,223,636
8,919,805
U.S. Government Bonds
27,701,070
23,351,789
Municipal Bonds
69,529,021
75,953,415
Stocks
88,477,630
102,089,189
Real Estate
655,131
641,379
Premiums in Course of Collection
1,621,115
1,628,619
Reinsurance Recoverable
23,691
25,626
Accrued Interest on Investments
761,688
805,162
All Other Assets
5,730,180
6,602,703
TOTAL ASSETS
$200,723,162
$219,477,687
Liabilities
Reserve for Losses and Adjustment Expense
2,578,366
2,570,550
Reserve for Unearned Premiums
4,250,148
4,620,150
Reserve for Taxes (Income & Deferred)
12,922,474
14,948,538
Reserve for Other Liabilities
3,951,883
4,199,408
TOTAL LIABILITIES
$23,702,871
$26,338,646
Surplus Account
Special Contingent Surplus
615,138
625,811
Unassigned Funds
176,405,153
192,513,230
Total Policyholder Surplus
$177,020,291
$193,139,041
TOTAL LIABILITIES AND SURPLUS
$200,723,162
$219,477,687
Direct written premiums
27,766,814
30,176,138
Net written premiums
6,277,690
6,915,276
RATED A+ (SUPERIOR) by A.M. Best Company
